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MoneyGram to enable cross-border money transfers from Saudi Arabia

Dec 07, 2021

MoneyGram is scaling its digital business across the Middle East region

MoneyGram

MoneyGram to enable cross-border money transfers from Saudi Arabia. Source: prnewswire.com

MoneyGram International has announced its partnership with urpay to enable cross-border money transfers from Saudi Arabia.

urpay is a digital wallet powered by neoleap, the Saudi-based financial global digital solutions company. It aims to create the most powerful yet simple fintech solutions.

The partnership enables urpay to connect to the Company’s API-driven infrastructure and global network to provide its millions of users the ability to send money around the world.

As the digitization of payments continues to accelerate around the world, innovative partnerships with companies like urpay are instrumental to our growth strategy and enable us to efficiently scale the number of payments we process through our platform. We are thrilled to be joining forces to offer urpay's millions of users access to our leading cross-border payment capabilities. As we continue to expand our digital offerings and add more digital partners to our global network, MoneyGram's digital business will continue its incredibly strong growth trajectory
Alex Holmes, MoneyGram Chairman and CEO

neoleap is a Global Financial Digital Solutions Company, licensed by the Saudi Central Bank SAMA on 23 March 2021. It is specialized in fintech solutions that serve SMEs, large-size businesses and individuals. With a vision to create the most powerful yet simplest fintech solutions locally and internationally.

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