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PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

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“Partnering with Ria allows us to grow our global footprint and significantly expand our services in the African diaspora and across Eastern Europe,” said Julian King, Xoom’s vice president and general manager. through 2028. Xoom launched in 2001 and was purchased by PayPal in 2015 for $890 million in an all-cash deal.

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