• Home
  • Tags
  • moneygram

moneygram news and archive

Business

Jack Ma's Ant Financial buys MoneyGram

Ant Financial Services Group, a Chinese firm controlled by Alibaba founder Jack Ma, agreed to buy US-based payments operator MoneyGram for about 880 million dollars, the companies announced Thursday. Ant is behind Alipay, a platform that accounts for 80 percent of electronic payments in China where it is used for e-commerce at Alibaba online...

loading...