The evolution of digital fintech has left in its wake a great challenge for the traditional financial service institutions – step up or get thrown out of business. Neobanks happen to be at the center of this rally for a high-end, digitally inclined banking experience. While some traditional financial institutions implement digital finance services systems, […]
MoneyGram International Inc, a global money transfer platform, has announced today that it will be acquired by Madison Dearborn Partners, a leading private equity firm based in Chicago.
Madison Dearborn Partners has agreed to acquire MoneyGram in a $1.8 billion deal. The deal will offer shareholders $11 per share and will make MoneyGram a privately-held company. MoneyGram anticipates the acquisition will help it advance digital growth and compete against smaller fintechs. MoneyGram, an 82-year-old fintech, announced today it has agreed to be acquired Read more...
South Korea’s presidential campaigns have all supported cryptocurrencies as there is a growing number of young crypto investors in the country. (Read More)
StoneX Group Inc, a financial services firm specializing in securities and commodities trading, announced on Thursday that its subsidiary business based in London, StoneX Financial Ltd ('SFL'), has...
The emergence of new technologies such as blockchain and artificial intelligence provides a platform for realizing the next generation of Internet browsing. Web 3.0 aims to create a browsing experience that gives users full control over creating the content they want and sharing it with other parties.