LuLu Money and MoneyGram Expand Partnership in Hong Kong

LuLu Money, a leading name in foreign exchange & money transfers, and MoneyGram, a global leader in cross-border P2P payments & money transfers, announced their partnership in Hong Kong. The partnership will enable millions of consumers in Hong Kong to send and receive money at any LuLu Money location and connect to the global MoneyGram distribution network that spans over 200 countries and territories.
Talking about the partnership, Adeeb Ahamed, Managing Director of LuLu Financial Group, said, “The remittances industry plays a significant role in connecting communities and families, and by offering our network as a payout center of MoneyGram, we aim to make the process of money transfer more accessible, cheaper, and convenient for millions of Hong Kong residents.”
“Our partnership with LuLu Money has continued to grow since we announced the integration earlier this year. Given our collaborative successes, we are excited to expand the partnership further in Hong Kong,” said Alex Holmes, Chairman and CEO at MoneyGram. LuLu Money, which has a strong presence in Hong Kong, presently operates five branches, all of which are located at prominent and accessible locations, including one at Worldwide.