March 6, 2025 • News and Promotions~MoneyGram in the News
If you were starting the company today, what would you do differently?
Most companies don’t ask this question. They tweak, optimize and adjust—but they don’t rethink what will make them successful over the next decade. They assume what got them here will keep them going. But eventually, that stops working.
That’s why companies need re-founders. Instead of just managing what exists, they rebuild from the lens of what the business can become leveraging the strengths of the company's core assets, culture and people.
I wrote about this recently in my personal writing "The Re-Founder’s Mindset: How Great Companies Reinvent to Stay Ahead", looking at companies that reinvented themselves to stay ahead. Satya Nadella did this at Microsoft, refocusing the company on its core strengths while betting big on cloud and AI. Tim Cook stepped out of Steve Jobs’ shadow by making the tough calls on what to keep, what to change and what bold bets to make. More recently, Andy Jassy shifted Amazon from hyper-growth to a more disciplined, profitable model.
Now, several months into my role as CEO, I see that MoneyGram is at a similar crossroads.
The way people move and manage money is changing, and we have a rare opportunity to redefine our role in global payments. This isn’t about small improvements—it’s about rethinking everything from scratch. If we were building MoneyGram today, what would we do differently to make cross-border money movement affordable, accessible and secure for everyone?
Over the past decade, geopolitical shifts, changing regulations and rapid advances in technology have reshaped what consumers and businesses expect from global payments. Systems that once gave companies an edge may no longer be enough to compete. Every part of the business from product, engineering, marketing, sales, finance, legal and compliance needs a fresh look. What’s the most direct way to serve customers? What’s getting in the way?
The big question is to build on what made MoneyGram strong while having the courage to rethink what no longer serves us. We have the chance to make global payments instant, intelligent and more accessible than ever. Now it’s on us to execute.
Re-founding is not just a mindset. It’s a commitment to making tough decisions, questioning old assumptions and mobilizing resources toward the right priorities for the future.
At MoneyGram, we are doing exactly that. Here’s how:
Each of these efforts shares a common principle: obsessing over the customer. That means starting with their needs and working backward to build exactly what solves their problems. Sometimes we’ll need to adapt and learn new skills along the way.
And while I’m proud of our early progress, I know we’ll make mistakes. Some will be self-inflicted. Some will come from strong competitors. That’s how this works. Not every decision will pay off, but the ones that do will shape MoneyGram’s future.
One of MoneyGram’s greatest strengths—often overlooked—is our global payments network spanning approximately 450,000 retail locations and 5 billion digital endpoints. Few companies operate at this scale, and even fewer offer global cash access. This network is a strategic asset with immense untapped potential.
The hardest part of re-founding isn’t deciding what to change. It’s deciding what to keep.
Successful re-founders build on a company’s strengths while evolving what no longer works. They also set a higher standard for how the company operates moving forward. At MoneyGram, that means:
This is what re-founding looks like in practice.
That’s the mindset we’re building—one decision at a time.