Should I buy MoneyGram stock in 2025? Insights for South Africans

What is MoneyGram?

How much is the MoneyGram stock?

The price of MoneyGram stock is unchanged this week. The last listed trading price was $11.00 per share, with no change in the past 24 hours or over the last week, as the stock was delisted in June 2023 following its acquisition.

MoneyGram stock is no longer actively traded, so please note that direct share investments are currently unavailable and volatility is not applicable until any future public offering.

Our complete analysis of the MoneyGram stock

Having carefully reviewed MoneyGram International’s latest pre-privatisation financials and its historic stock performance across the past three years, our proprietary algorithms—integrating sector-wide data, technical and fundamental indicators, and comparative peer analytics—offer a nuanced, forward-looking assessment. As MoneyGram stands at the crossroads of digital innovation in remittances and fintech, major leadership changes and strategic partnerships are reshaping its growth outlook. So, why might MoneyGram soon re-emerge as a strategic entry point into global payments technology—ready to capture structural trends in 2025 and beyond?

Recent Performance and Market Context

Prior to its June 2023 privatisation under Madison Dearborn Partners (MDP), MoneyGram exhibited robust, stable stock performance, with a steady upward trajectory. Over the final 12 months as a listed entity, MoneyGram’s share price rose toward its $11.00 acquisition threshold, supported by strong institutional interest and healthy trading volumes averaging 4.16 million shares daily. This was no coincidence: the company’s performance consistently exceeded analysts’ expectations, with revenue for 2023 topping $1.34 billion and EPS (earnings per share) outpacing consensus estimates in several quarters.

• Positive Recent Events:
• Appointment of Anthony Soohoo as CEO (October 2024): An executive renowned for driving digital disruption, fostering innovation, and strategic scaling.
• Deployment of new CTO and CFO in 2025: A leadership refresh focused on delivery and technical agility.
• Strategic partnerships with Plaid, Mastercard, and the May 2025 launch of MoneyGram Ramps: These amplifying cross-border payment capabilities and crypto/fiat connectivity.
• Sector Backdrop:
• The global fintech space is experiencing tailwinds:
• Accelerated migration from cash to digital, particularly in growth regions such as Sub-Saharan Africa including South Africa.
• Cross-border remittance volumes remain resilient, supported by global migration and digitisation efforts.
• Regulatory trends worldwide increasingly favour financial inclusion and streamlined digital infrastructure—especially in key markets for South African diaspora remittances.

Collectively, these factors bolstered MoneyGram’s standing as a structurally important player, set for dynamic growth in a rapidly evolving fintech landscape.

Technical Analysis

Traditional technical analysis (e.g., RSI, MACD, moving averages) became redundant once MoneyGram delisted following the June 2023 acquisition. However, the final publicly available data painted a distinctly bullish narrative into the privatisation:

• Strong Support and Price Action:
• The share price demonstrated resolute support at $8.59, exhibiting a well-anchored base with strong accumulation up to the $11.00 takeout price.
• Volume and Investor Confidence:
• Heavy institutional activity and persistent high volumes—reaching over 4 million shares per day—signalled deep market confidence and diminished downside risk in the run-up to the buyout.
• Momentum Structure:
• Prior to privatisation, higher lows and systematic accumulation suggested strong ongoing interest, reinforcing the view that MoneyGram was entering a new, positive re-rating phase.

While shares are currently unavailable for public trading, these patterns increase confidence that, should MoneyGram re-list, market momentum could resurge—ready for investors to capitalise on renewed valuations.

Fundamental Analysis

MoneyGram’s pre-acquisition fundamental profile was compelling:

• Revenue Growth and Profitability:
• 2023 revenue stood firm at $1.34 billion. Coupled with an EPS of $0.352, MoneyGram managed to sustain profitability amidst macroeconomic headwinds and strong competitive pressure.
• Valuation Metrics:
• The final P/E multiple (32.4x) reflected investor optimism about MoneyGram’s digital transition—not just through remittance volumes but also through embedded fintech and blockchain innovations. Price-to-sales calculations (P/S below 1x) indicated considerable value, particularly for a global-scale payments platform transitioning toward higher-margin digital services.
• Innovation and Market Leadership:
• Integration of digital wallets and blockchain technology (notably through partnerships with Stellar and the rollout of non-custodial wallets) has positioned MoneyGram at the forefront of cross-border digital finance.
• Global presence: Over 200 countries and territories; a leading, trusted brand, particularly among emerging market diasporas.
• Strategic alliances: Deep collaborations with Mastercard and Plaid, bringing next-generation B2B and B2C payment solutions to a broadening client base.
• Brand and Recognition:
• Three successive “Top Workplaces USA” awards and the high-visibility sponsorship of MoneyGram Haas F1 team have reinforced the company’s global brand identity—a vital advantage as fintech becomes increasingly consumer-driven.

Collectively, these fundamentals paint a picture of a company with proven operational strength, strong financial footing, and a clear digital-forward agenda.

Volume and Liquidity

Pre-acquisition liquidity conditions were robust:

• Sustained Trading Volumes:
• The consistently high trading volumes (average: 4.16 million shares/day) underscored institutional conviction and market confidence right up to the acquisition close.
• Favourable Float:
• With ~97.7 million shares outstanding prior to delisting, MoneyGram’s float facilitated price discovery and dynamic valuation—an attribute likely to attract strong market interest in the event of a future IPO.
• Market Confidence Indicators:
• Limited share price volatility and persistent, steady volume point toward a well-supported valuation and a respected equity narrative—both crucial for any successful public market return.

Catalysts and Positive Outlook

MoneyGram’s near and medium-term prospects are underpinned by numerous promising catalysts that heavily favour a bullish reassessment:

• Digital Transformation:
• New product launches such as MoneyGram Ramps (simplifying on/off ramps between crypto and cash).
• Pioneering crypto-fiat integration tools, including USDC liquidity via Stellar blockchain.
• Non-custodial digital wallet solutions for seamless cross-border payments.
• Strategic Partnerships:
• Collaboration with Plaid for pay-by-bank innovations.
• Deepening integration with Mastercard, unlocking new digital corridors and real-time settlement infrastructure.
• Leadership Renewal:
• A seasoned CEO, CTO, and CFO team, each bringing advanced digital product, growth, and governance expertise.
• Indicated strategic intent for early return to public markets, with Anthony Soohoo hinting at a possible IPO in the coming years—a scenario that could coincide with peak adoption trends and favourable market windows.
• Geographic and Sector Expansion:
• Continued penetration across Latin America, Asia, and Middle East—regions with strong diaspora ties to South Africa, fuelling reciprocal remittance flows and technology adoption.
• Market Trends:
• A trillion-dollar opportunity in converting cash-based transactions to digital—a particularly resonant theme across the South African market, where cross-border family transfers and growing smartphone penetration create immense potential for digital wallet solutions.
• ESG and Trust Factors:
• Commitment to compliance, financial inclusion, and cybersecurity enhancements—essential in gaining regulator and consumer trust in both developed and emerging markets.

With these in motion, MoneyGram holds the keys to transformative growth, uniquely positioned to benefit from the surge in digital remittances, financial inclusion efforts, and structural fintech adoption.

Investment Strategies

Given MoneyGram’s private status, direct public equity investment is currently unavailable. However, forward-looking strategies are crucial for positioning:

• Short-Term:
• Monitor for pre-IPO announcements or secondary offerings from private investors or MDP—potential for early entry or proxy exposure via related funds.
• Track industry M&A activity within global remittance and fintech, looking for peer re-rating that could preview MoneyGram’s future.
• Medium-Term:
• Prepare for possible IPO windows: strategic patience may reward those who align their capital allocation with MoneyGram’s anticipated re-listing.
• Watch for partnership expansions, further product launches, or significant geographic wins as signposts of value-leading growth.
• Long-Term:
• MoneyGram’s paradigm shift toward digital, blockchain-enabled payments, and global B2B expansion support a growth narrative synched with macro trends in international payments and technology adoption—especially relevant for investors seeking exposure to enduring fintech disruptors.
• Ideal Positioning:
• The optimal window may be at the early stages of IPO pricing discovery, taking advantage of any initial undervaluation and the typical surge as institutional and retail investors return.
• Being alert to wider fintech sector moves and new regulatory frameworks in major remittance corridors—including the SADC region—will help investors anticipate market inflection points.

Is it the Right Time to Buy MoneyGram?

While MoneyGram is not currently listed, its business fundamentals, sector positioning, and rejuvenated executive leadership provide significant cause for optimism ahead of a projected market return.

• Key Strengths:
• A storied global platform, trusted across borders with deep-rooted regulatory and consumer relationships.
• Industry-leading digital and blockchain integration, well-timed to capitalise on the cash-to-digital revolution transforming remittances, especially across Africa.
• Aggressive innovation strategy, marked by recent product launches, high-profile partnerships, and agile leadership, together fostering multi-year growth visibility.
• A credible roadmap to IPO that could reintroduce MoneyGram to public markets at a time of accelerating fintech adoption and demand for cross-border banking solutions.

Potential investors who value innovation, scalability, and brand depth in a pivotal financial sector should be closely attuned to MoneyGram’s next corporate moves. The fundamentals justify renewed interest, the strategy aligns with global digitalisation trends, and the positive catalysts portend a new bullish phase should MoneyGram return to the public market. For those seeking the next breakout player in global fintech, MoneyGram seems to represent an excellent opportunity for portfolio consideration when public market access is restored.

In summary, few names in digital remittance and payment technology have MoneyGram’s blend of scale, vision, and adaptability. As the company prepares for its next market chapter, diligent investors will want to keep MoneyGram firmly on their watchlist, ready for what could be one of the sector’s most compelling re-entry opportunities in the coming years.

How to buy MoneyGram stock in ZA?

Important information

Important: MoneyGram is no longer listed on any stock exchange since June 2023, and its shares are unavailable for public trading or investment via brokers or CFDs. The following guide illustrates how the process would work if the share returned to the market—knowledge that remains useful for future IPOs and other shares available online.

Buying MoneyGram stock online is, in principle, a simple and secure process when using a regulated broker in South Africa. Retail investors typically choose between two main methods: spot buying, where you directly own the shares, and trading contracts for difference (CFDs), where you speculate on the share price without ever owning the asset. Both can be managed entirely online, with user-friendly tools ensuring your investment journey is as safe as possible. A full comparison of leading brokers and platforms is available further down this page.

Spot Buying

A cash, or “spot”, purchase means buying MoneyGram shares and becoming a direct shareholder. In South Africa, most regulated brokers charge a fixed commission per order, usually from R70–R150, in addition to a small percentage of the order value when settling in ZAR (South African rand) and foreign exchange fees for international stocks.

Example

Suppose MoneyGram is trading at $11.00 (about R200 at a rate of R18.18/$). With a $1,000 investment (approximately R18,180), you could purchase around 90 shares, factoring in a typical brokerage fee of $5 (roughly R90).
✔️ Gain scenario: If the share price rises by 10%, your holding is worth $1,100 (R20,000).
Result: That’s a +$100 gross gain, or 10% on your initial stake (fees excluded).

Trading via CFD

CFDs (Contracts for Difference) allow you to speculate on MoneyGram’s share price movement—up or down—without owning the physical shares. CFD trading platforms usually charge through spreads (the difference between buy/sell prices) and overnight financing if positions are held for several days.

Example

Let’s say you deposit $1,000 (about R18,180) and use 5x leverage on a MoneyGram CFD:
This gives you exposure to $5,000 worth of shares.
✔️ Gain scenario: If the stock rises by 8%, with 5x leverage, your gain is 8% × 5 = 40%.
Result: You realise a $400 profit on your $1,000 stake (before fees), illustrating the power—and risk—of leverage.

Final Advice

Before investing, always compare the fees, platform conditions, and features of local and global brokers. Some platforms offer better terms for direct buying, while others are more competitive for CFDs. Your choice should depend on your financial goals, experience with leverage, and preferred investment style. For up-to-date options available to South African investors, see our broker comparison lower on this page.

Our 7 tips for buying MoneyGram stock

The latest news about MoneyGram

MoneyGram has strengthened its presence and digital offering in the South African market through key partnerships. In the past week, MoneyGram’s ongoing collaboration with major South African banks and retail partners—most notably Standard Bank and Pick n Pay—has been highlighted in regional financial news as a driver of remittance growth and improved consumer access to seamless cross-border payments. These relationships remain crucial in a market where the demand for efficient inbound and outbound remittances is high, supporting MoneyGram’s stability and relevance even after its transition to a private entity.

The launch of the MoneyGram Ramps platform in May 2025 marks a significant strategic move for crypto adoption in South Africa. The new Ramps API directly enables South African fintechs and payment service providers to connect cash and crypto more efficiently, aligning with the fast-evolving digital asset landscape in the region. This innovation is seen as bolstering MoneyGram’s technological leadership and appeal to the local tech-savvy population, including the growing cohort of crypto users and startups integrating blockchain solutions for remittances.

MoneyGram’s partnership with Mastercard, finalized in April 2025, is expected to unlock new digital remittance pathways for South African users. By leveraging Mastercard's digital rails, MoneyGram can facilitate faster and more reliable money movements to and from South Africa. This partnership offers synergies with local banks and mobile wallets, reinforcing MoneyGram’s ability to compete effectively against nimble fintech competitors targeting the South African diaspora and local remittance corridors.

MoneyGram’s CEO Anthony Soohoo has reaffirmed the company’s intention to pursue an IPO within the next few years, which signals a strong strategic and financial outlook. This public statement, made at a recent industry event, provides reassurance to institutional partners and South African stakeholders that MoneyGram is committed to transparency, innovation, and long-term growth, with a view to eventually relisting and opening up new opportunities for the regional financial sector.

Despite the 2024 cyberattack, MoneyGram has actively reinforced its cybersecurity protocols with special focus on African markets, including South Africa. Local stakeholders have been informed of increased investment in data protection and risk management, aiming to restore full consumer confidence and comply with the Protection of Personal Information Act (POPIA) in South Africa. These actions bolster the company’s reputation for operational resilience and responsible stewardship in a sensitive market.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.