Stellar Development Foundation strategically invests in cross-border payment giant, Tempo.
2023-08-15 15:27
Odaily News: The Stellar Development Foundation (SDF) announced a strategic investment in MoneyGram International (MGI).
This investment will be made from the SDF's operating reserve, rather than its corporate fund used for investing in startups and early-stage companies. The investment will help MGI expand its digital business, explore blockchain technology, and explore many other ways to help consumers and businesses transfer and manage funds globally. This marks MGI's renewed commitment to becoming a digital leader in the fintech industry.
According to previous reports, a new board of directors has been established for MoneyGram, with the CEO of the Stellar Development Foundation being one of the directors.
This investment will be made from the SDF's operating reserve, rather than its corporate fund used for investing in startups and early-stage companies. The investment will help MGI expand its digital business, explore blockchain technology, and explore many other ways to help consumers and businesses transfer and manage funds globally. This marks MGI's renewed commitment to becoming a digital leader in the fintech industry.
According to previous reports, a new board of directors has been established for MoneyGram, with the CEO of the Stellar Development Foundation being one of the directors.
Recommended Articles
Pro
24-Hour Flash News
Important News
Download Odaily App
Let Some People Understand Web3.0 First
IOS
Android