MoneyGram Announces Launch of MoneyGram Online in Chile

Following the launch of the new offering MoneyGram Online (MGO) in Brazil​ last December, MoneyGram International, Inc. (MoneyGram), the world's leading financial technology company, announced the launch of the service in Chile, further expanding its global reach. Users can now send money from Chile to friends and family around the world through the company's website and mobile app.

Alex Holmes, Chairman and CEO of MoneyGram, said: "We're thrilled to officially launch MGO in Chile, one of the largest send markets in South America. As consumer interest in online options and real-time payments continues to accelerate, we're committed to investing in the global expansion of our direct-to-consumer digital offering. After our recent successful launch in Brazil, we are especially excited about our strong momentum in the region."

This week, MoneyGram's new Chief Digital Officer, Seth Ross​, took over on Monday to lead the company's global digital business.

Ross said: "As this phenomenal growth has been primarily driven by demand for the Company's industry-leading mobile app – which continues to deliver returns on investment and drive strong customer lifetime value – I'm excited to spearhead our efforts to introduce this service to more and more consumers around the world."