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MoneyGram app

Global non-custodial wallet bridging cash and USDC on Stellar

MoneyGram has built a strong presence in cross-border payments, operating in 200+ countries and serving over 150 million consumers.

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MoneyGram app

As part of their strategy to innovate cross-border payments, MoneyGram wanted to embrace blockchain technology and integrate USDC on the Stellar network to facilitate seamless, transparent, and efficient transactions.

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Debit card

0.00

Coming soon
Cash at location

Fees vary

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In search of a development partner with a Stellar reputation

In 2023, MoneyGram started searching for an app development company with deep expertise in Stellar blockchain who could help them create a non-custodial wallet from scratch.

That's where we came in! The Cheesecake Labs team was uniquely positioned to tackle this challenge thanks to our status as a preferred integration partner for the Stellar network.

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MoneyGram wanted to develop an app that would directly connect senders and receivers while expanding MoneyGram's reach into new markets where their MGO app had no existing presence.

The goal was to create an intuitive and secure app for users who weren't tech- or crypto-savvy, which would make it easier than ever for users to send funds to their loved ones.

Code meets currency: How Cheesecake Labs brought MoneyGram Wallet to life

We kicked off with an intensive product definition phase, where our technical leadership worked on-site in Dallas alongside MoneyGram executives and Stellar Development Foundation (SDF) leaders.

This allowed us to deeply understand MoneyGram's existing infrastructure and define the necessary integrations and key MVP features.

The Cheesecake Labs blueprint — our key contributions:

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Technical expertise in Stellar blockchain to define the best product strategy.

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Defining essential features that would deliver immediate value to users.

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Building a secure and scalable architecture to enable a seamless global launch.

MoneyGram app
MoneyGram app
MoneyGram app
MoneyGram app

The features that set MoneyGram Wallet apart

From launch to expansion: What’s next for MoneyGram Wallet

The project followed an ambitious roadmap

4 weeks

Delivery of the wallet’s architecture and product concept.

3 months

Beta launch at the Meridian 2023 conference in Madrid.

2024

Full MVP launch with active usage in the U.S., Mexico, Brazil, and the Philippines.

At launch, a strategic marketing campaign drove early adoption, leading to:

2,000

new user registrations.

Following this initial success, MoneyGram Wallet is now focused on:

Extending access to cash-out-only locations, enabling recipients in these regions to seamlessly withdraw funds.

Scaling user adoption and engagement.

Continuously enhancing user experience and security.

MoneyGram Wallet has been well received by users and in the press, showcasing its impact on the digital remittance industry.

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Cheesecake Labs' hard work got rave reviews from the Moneygram team:

"Cheesecake Labs is great to work with. The team is very open, and when we've had challenges, they've worked through them with us. We feel like we're one team instead of working with a different company."

Alicia Smith photography
Alicia Smith

Head of Blockchain & New Fintech Products @ MoneyGram International

We’d love to help you bring your fintech vision to life – just like we did with MoneyGram.

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