By Ndubuisi Ekekwe MoneyGram has been severely wounded by Transferwise and WorldRemit as the architecture of the remittance sector continues to evolve. Things are so bad that Ripple is injecting $50 million for a 15% stake. That money will help MoneyGram modernize by running digital token XRP. Yet, I do not see how that would help in the long-run. If not for antitrust issues, Western Union can just buy MoneyGram since the U.S. government blocked Alibaba’s Ant Group from buying it. The Chinese wanted to pay $1.2…
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Source:: Tekedia