Ripple’s commitment of $50 million in equity funding to MoneyGram has finally been completed with the second investment of $20 million coming through. The capital will help MoneyGram expand their operations without putting financial pressure on the On-Demand Liquidity service provided by Ripple and MoneyGram. Ripple currently owns 9.95 percent of MoneyGram through ordinary shares

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Source and More information: Ripple Completes Equity Investment in Moneygram, Cross Border Liquidity Gaining Traction

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