MoneyGram announced that MoneyGram Ramps (Ramps) is now live on Solana, making its global cash and digital network available across multiple blockchain ecosystems as the company continues building an open, interoperable payments network.
MoneyGram announced the appointment of Will Karczewski as Executive Vice President and General Manager, Global Retail. In this role, Karczewski will lead the company's global retail and digital partner businesses, helping unlock growth opportunities across its global retail network while advancing the integration of retail and digital customer experiences.
MoneyGram announced its entry into the Solana ecosystem, reinforcing the company's commitment to supporting the continued growth of blockchain-based financial infrastructure. MoneyGram has become an active validator on the Solana network and joined Solana Developer Platform.
MoneyGram CEO Anthony Soohoo shares how expanding MoneyGram Ramps to Solana connects digital assets with real-world utility.
Wallets and apps built on Solana can now tap MoneyGram's global network to move between digital assets and local currencies. “Bringing MoneyGram Ramps to Solana is another step toward building a truly open, global payments network," said MoneyGram CEO Anthony Soohoo.
MoneyGram CEO Anthony Soohoo said the company's blockchain strategy is focused on modernizing cross-border payments, by using blockchain infrastructure to make remittances faster, cheaper and more transparent while keeping the technology invisible to customers.
The United States to India remittance corridor is one of the largest in the world by value. Families, students, and professionals in the US send billions of dollars to India every year for parents, property, tuition, everyday support, and important life moments.
You’re ready to send money to someone you care about when you notice a number on the screen labeled “exchange rate.” If you’ve never sent money internationally before, it can feel confusing fast. Is it part of the fee? Does it affect the transfer? Are you supposed to know what it means before you continue?
Bancolombia is Colombia’s largest bank, with millions of personal account holders across the country. Because so many Colombians bank with Bancolombia, it’s one of the most common destinations for money transfers from the US.
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