Launching first in Colombia with plans to expand to additional markets, the app is designed to deliver greater value to recipients, while marking a key step toward building an enhanced, unified MoneyGram experience for both senders and recipients worldwide.   

For millions of people around the world, sending money across borders is a lifeline: supporting loved ones back home, covering essentials like food, housing and education, and enabling investments in businesses and long-term financial stability.   

Yet in many regions, receiving that support still means traveling to pick up physical cash, carrying around large amounts of local fiat currency and watching that currency steadily lose value over time.   

This innovation changes that reality. In Colombia, MoneyGram customers will have the ability to instantly receive and hold funds in the app, providing a stable and trusted environment that enables them to manage their money on their own terms.    

Colombia is the ideal launch market: a major inbound remittance corridor where families receive more than 22 times the money they send abroad, and where the exchange rate has tended to depreciate over the last decade against the U.S. dollar.