5 Biggest Money Transfer Companies in the World

4. MoneyGram (NASDAQ: MGI)

Total revenue of the company in 2019 (in millions of dollars): 1,200

Total employees of the company in 2019: 2,200

An international household name, MoneyGram is globally recognized as a cross-border peer to peer payments and money transfer company. Available in 200 countries and territories, of which 70 countries are digitally enabled, MoneyGram claims to enable families to send money quickly and affordably.

2024 UPDATE: Transferwise changed its name to Wise Plc and generated a total of $1.275 billion in revenue in 2023. This would potentially make Wise one of the 5 biggest money transfer companies in the world.