MoneyGram and urpay, one of the Company's key
partners in the Middle East,
hosted a joint customer to unveil the new car alongside MoneyGram
Haas F1 Team drivers
As a relentlessly customer-centric company,
MoneyGram is dedicated to utilizing its title partnership of
MoneyGram Haas F1 Team to bring customers close to the
action
DALLAS, Feb. 23, 2023 /PRNewswire/ -- MoneyGram
International, Inc. (NASDAQ: MGI) ("MoneyGram" or the "Company")
and MoneyGram Haas F1 Team today unveiled the VF-23, the car
that that the team will take to the track to compete in the 2023
season of the FIA Formula One (F1) World Championship. The car was
revealed this morning at pre-season testing in Bahrain, ahead of the season's commencement at
the Bahrain Grand Prix next weekend.
Delivering on its promise to provide fans with unique access to
the sport, MoneyGram and urpay, one of the Company's key partners
in the Middle East, hosted a joint
customer to unveil the new car alongside MoneyGram Haas F1 Team
drivers, Kevin Magnussen and Nico
Hülkenberg. Through this reveal, the customer, Nawaf Alqahtani, became one of the first
MoneyGram Haas F1 Team fans to see the car in-person.
"Collaborating with urpay to create this incredible experience
for one of our customers was really exciting for us,"
said Greg Hall, MoneyGram Chief Marketing Officer. "We are
dedicated to remaining customer-centric, putting our customers at
the heart of everything that we do, and events like these are a
huge part of what we are looking to achieve through our title
partnership of MoneyGram Haas F1 Team."
In December of 2021, MoneyGram and urpay, a digital wallet
powered by neoleap, partnered to provide urpay's millions
of wallet users the ability to send money around the world. As
mobile money adoption grows rapidly in the Middle East, this new capability within the
urpay app has scaled exponentially across the region in the past
year.
"I can officially say I'm a lifelong fan of MoneyGram Haas F1
Team and the sport of F1 after today's unforgettable experience
with MoneyGram and urpay," said Nawaf
Alqahtani, MoneyGram and urpay customer. "I use MoneyGram's
leading cross-border payment services through the urpay app to send
money to support family and friends around the world. The platform
is less expensive than what other providers offer, and it has an
easy digital user experience which saves me the hassle of waiting
in line at retail locations."
Following the reveal moment, Nawaf
Alqahtani took part in a meet-and-greet with the drivers and
Guenther Steiner, Team Principal of
MoneyGram Haas F1 Team. Watching the action right from the garage,
Alqahtani was also able to tour the facility and take a closer look
at the car and technical aspects that help run the team.
"We are delighted to have been involved in this incredible
experience with MoneyGram," said Ziyad
Ahmed Al Eisa, neoleap Chief Executive Officer. "Through the
exciting new partnership between MoneyGram and MoneyGram Haas F1
Team, we have been able to deliver a truly unique experience to a
customer. F1 is such a popular sport, continuing to grow in this
region and all around the world, so we are really excited to be a
part of it."
Looking ahead, MoneyGram and urpay will continue to promote
their successful partnership at the upcoming Saudi Arabian Grand
Prix in Jeddah, where the urpay
logo will be featured on the MoneyGram Haas F1 Team cars.
About MoneyGram International, Inc.
MoneyGram
International, Inc. is a global financial technology company that
enables consumers and businesses to move and manage money in nearly
every country around the world. Through its expansive set of
fintech offerings, MoneyGram provides millions of consumers
annually the ability to seamlessly send money home to family and
friends, store money in mobile wallets, and buy, sell and hold
cryptocurrencies on its industry-leading app. The Company's
innovative cross-border platform enables its customers to send
funds directly into bank accounts and mobile wallets or cash-in and
cash-out more than 135 currencies and numerous cryptocurrencies
through one of the largest cash distribution networks in the world.
Modern, mobile and API-driven, MoneyGram's white-labeled remittance
service also provides some of the world's top brands and
organizations the ability to disburse funds directly to their
consumer clients. Based in Dallas
and known for its strong corporate culture globally, MoneyGram has
been named a recipient of the Top Workplaces USA award for two consecutive years, an honor
based entirely on employee feedback.
About MoneyGram Haas F1 Team
MoneyGram Haas F1 Team is
one of only 10 teams competing in the FIA Formula 1 (F1) World
Championship, the largest global motorsports series. The team,
founded by industrialist Gene Haas,
made its debut in in 2016 when it became the first American F1 team
since 1986. A favorite among fans, MoneyGram Haas F1 Team features
drivers, Kevin Magnussen and Niko
Hülkenberg, along with Team Principal, Guenther Steiner. Both headquartered in
the United States and reaching
consumers in nearly every country around the world, MoneyGram and
MoneyGram Haas F1 Team are mutually focused on accelerating
technology and innovation, speed and safety, and
customer-centricity. The team completed a strong season in 2022,
finishing 8th in the F1 Constructor's Championship and is driving
for continued success in 2023.
About neoleap
One of neoleap's initial technological
products, urpay is a digital wallet that offers a variety
of financial services and different payment methods that makes
customers' life easier, sprung from the company's core. The
user-friendly app provides innovative financial solutions to
simplify and centralize financial transactions for both individuals
and merchants. urpay benefits go beyond fundamental transactions
for customers, such as deposits and payments, but it also provides
banking services and more that are exclusively available through
urpay like, marketplace and food pickup.
MoneyGram Media Contact
Sydney
Schoolfield
media@moneygram.com
MoneyGram Haas F1 Team Media Contact
Stuart Morrison
smorrison@haasf1team.com
neoleap Media Contact
info@neoleap.com.sa
Photo -
https://mma.prnewswire.com/media/2008463/MoneyGram_Haas_F1_Team.jpg
Photo -
https://mma.prnewswire.com/media/2008464/MoneyGram_VF_23_in_Bahrain.jpg
Photo -
https://mma.prnewswire.com/media/2008465/MoneyGram_Bahrain.jpg
Logo -
https://mma.prnewswire.com/media/1925726/MoneyGram_Haas_F1_Team_2023_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/moneygram-and-moneygram-haas-f1-team-unveil-2023-car-in-bahrain-301754098.html