Dallas-based global financial company MoneyGram International has announced four strategic appointments to its senior management team who will be responsible for accelerating its global digital strategy.
The company said they will partner closely with the executive leadership team and will report directly to MoneyGram Chief Digital Officer Seth Ross.
The new leaders are Edwina Johnson, MoneyGram Online; Arnoldo Reyes, MoneyGram Business; Vijay Raman, pricing strategy, and Mike Tekulve, payments and product partnerships.
“It’s been a privilege to join the incredible team at MoneyGram amidst a remarkable digital transformation, and I’m extremely proud of the success we’ve achieved through our digital strategy to date,” Ross said in a statement. “With the addition of these new leaders, we gain critical capacity to expand our digital business, reach aggressive growth goals and solidify our position as the global fintech that connects the world’s communities. I’m thrilled to have this experienced group on board with us for this journey.”
D2C and B2B
Johnson will lead the team responsible for driving international growth for MoneyGram Online, partnering with the team accelerating the channel in the US and Canada.
MoneyGram said it is committed to the global expansion of MoneyGram Online, the company’s leading direct-to-consumer digital business, as the channel has proven to be an important growth driver, delivering consistent, double-digit revenue increases and improving customer loyalty to the MoneyGram Brand. Johnson has more than 15 years of experience in the technology startup space.
The company said Reyes will utilize his 20 years of payments experience at companies such as Visa, PayPal, and Mastercard to lead and execute the strategy behind MoneyGram Business, the company’s B2B division.
MoneyGram said that MGB offers enterprise customers the opportunity to connect to one of the only globally scaled money movement platforms, operating across more than 200 countries and territories with a network of over 5 billion digital endpoints and 440,000 agent locations. Via a set of world-class REST APIs, easy-to-use developer portal, and integration and onboarding, the company said that MGB helps clients set up payment solutions in weeks, not months.
Pricing strategies and digital payments
MoneyGram said that Raman will lead a team dedicated to driving industry-leading pricing capabilities and revenue enhancements. Raman is a veteran leader in revenue management and pricing strategies at companies such as Fort Worth-based American Airlines and Spirit Airlines. He has more than 20 years of experience in optimizing business strategy and technology to spur revenue growth and profitability.
Tekulve has more than two decades of experience in financial technology with industry leaders such as Green Dot and Discover Financial Services.
In his new role with MoneyGram, Tekulve will leverage his strategic expertise in fintech and payments to grow MoneyGram’s consumer financial service offerings and enhance its integration into the global digital payments ecosystem.
MoneyGram provides millions of consumers globally the ability to send money home for family and friends to pick up in cash or receive directly to a bank account, mobile wallet, or card.
The company is a pioneer in the use of blockchain technology at scale, recently launching its own non-custodial digital wallet for consumers to seamlessly move from fiat to digital currency, and also enabling consumers to buy, sell, and hold digital currencies on its industry-leading app.
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