On March 7, 2011, MoneyGram entered into a Recapitalization Agreement with THL, as the holder of all of the B Stock, and Goldman Sachs, as the holder of all of the B-1 Stock. In due time MoneyGram separated from the Western Union and became an independent brand. The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). In 2011, a global network of agents of MoneyGram has grown up to 256 000 service points, thus its growth is 24% compared to the same period of the previous year. MoneyGram financial results were driven by money transfer business, which delivered more than 40 percent growth in transaction volume. Money transfer platform of MoneyGram will be integrated with the mobile platform LinqUs, which will allow customers to make international transfers with a mobile phone. The benefits of money transfers by MoneyGram: there is no need to open a checking account when implementing the transfer. Around the world, MoneyGram is working with leading financial institutions.
The benefits of money transfers by MoneyGram: high-speed delivery of transfers (10-15 min). In 2011, a global network of agents of MoneyGram has grown up to 256 000 service points, thus its growth is 24% compared to the same period of the previous year. In due time MoneyGram separated from the Western Union and became an independent brand.