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2020-02-25 23:00:52

Ripple Partner Reports Loss In Q4 2019

In a just-released earnings report, Ripple partner, MoneyGram, showed a USD $11.9 million loss for the fourth quarter of last year. This is the fifth consecutive quarter without a profit. Nevertheless, the company’s partnership with Ripple is set to open new sources of revenue. REVENUE FROM RIPPLE PARTNERSHIP IS OBSCURED Whereas there are many factors that are contributing to MoneyGram’s continued losses, the company has clearly been affected by the growing role of cryptocurrency in […]