MoneyGram International

Cryptocurrencies

Coinme is a licensed cryptocurrency cash exchange platform operating in the US since 2014. The company enables users to purchase and sell cryptocurrencies instantly using cash at over 21,000 physical locations across 48 states as of April 2022. Coinme partners with Coinstar, a network of coin-counting kiosks typically located in grocery stores, and MoneyGram, a cross-border remittance service provider, to offer cash-to-crypto services.
Through Coinme-enabled Coinstar kiosks, users can deposit up to USD 2,500 in cash and receive a code to redeem bitcoin or other supported cryptocurrencies like Chainlink, Dogecoin, Ethereum, Litecoin, Lumens, and Polygon on their Coinme account. With MoneyGram, users can hand over or receive cash in exchange for cryptocurrencies by providing instructions to the teller.
Coinme prioritizes simplicity, affordability, and accessibility for its customers. Purchased cryptocurrencies are instantly available in the user's Coinme wallet, eliminating the need for separate wallet setup. Transaction fees range from 4% to 7% at Coinstar kiosks and a flat USD 2.75 plus up to 4% at MoneyGram locations.
In January 2022, MoneyGram announced a strategic minority investment of around 4% ownership stake in Coinme, strengthening their partnership. In August 2022, Coinme expanded its offerings beyond bitcoin at Coinstar kiosks, enabling cash purchases of Chainlink, Dogecoin, Ethereum, Litecoin, Lumens, and Polygon.

Amero is building a comprehensive financial platform to drive mainstream adoption of cross-border payments, global dollar access, and digital assets across Latin America. We are developing the leading financial infrastructure for digital assets in the region, bridging the gap between traditional financial systems and the burgeoning crypto/digital asset ecosystem. Our mission is to make financial services accessible to those who need them most, such as the unbanked, while also attracting merchants, entrepreneurs, and institutions to adopt innovative technologies that facilitate economic transactions. Amero offers a variety of cutting-edge products designed to enhance financial inclusion and convenience. Our On/Off Ramp solution supports over 100 alternative payment methods, including credit and debit cards, bank transfers, digital wallets, and cash transactions at more than 350,000 convenience stores and banks. Users can easily swap between different cryptocurrencies and tokens and manage their assets through Web3 wallets with Circle’s Programmable Wallets, currently supporting the Ethereum, Avalanche, and Polygon blockchains.

Interstellar is a technology company revolutionizing international payments to deliver faster, cheaper and more reliable global financial solutions.  It creates best in class products and solutions, primarily leveraging the Stellar blockchain network.  These are either created and operated directly by Interstellar, or identified as benefits to other businesses, who integrate through and leverage the Interstellar Platform to operate on Stellar.  Learn more at www.interstellar.com

Jingle Pay empowers you with an AED account, free of fees and zero-commitments, to reliably store, spend, and send money to 160+ countries, in 99+ currencies, at the best exchange rates globally. Jingle Pay offers multi-currency accounts, card payments, International money transfers, peer 2 peer payments (pay, request, splitting bills), and analytics.

Coinme operates the largest licensed cryptocurrency cash exchange in the U.S. Founded in 2014 with the simple belief that buying digital currencies should be easy and accessible to everyone, Coinme powers thousands of physical locations in 48 states to buy and sell bitcoin using cash through partnerships with Coinstar and MoneyGram. The company offers an enterprise-grade API that helps “crypto-enable” legacy financial systems and a vertically integrated suite of consumer products that provide an easy and secure way to buy, sell, store, and manage digital currencies.

MoneyGram is a global payment services company. The company’s products include global money transfers, bill payment solutions, and financial paper products. It conducts its business through its wholly-owned subsidiary MoneyGram Payment Systems, Inc. (MPSI). MoneyGram operates in two segments: Global Funds Transfer and Financial Paper Products and offers its money transfer services on the Internet through its MoneyGram Online service in the United States, United Kingdom, and through agent Websites in Italy, Saudi Arabia, and Japan. It also offers money transfer services via mobile phone, kiosks, ATM, receive cards, and direct-to-bank account products in various markets worldwide. Effective July 8, 2013, MoneyGram International Inc acquired Latino Services, an Atlanta-based provider of money transfer services.

Moneygram

MoneyGram International Names New CFO Amid ‘Chapter of Growth and Transformation’

Eliminating financial intermediaries by directly connecting individuals and businesses

P2P Financial Platforms

Platforms using a global network of businesses and individuals to complete international fund transfers

Platforms that let businesses and individuals obtain necessary debt through peers (retail investors)

Equity crowdsourcing platforms for private businesses to raise equity funding from retail investors

Moneygram

Featured Industries

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless