MoneyGram continued to grow its footprint in the United Kingdom by signing two new agreements with exchange companies.

The Dallas, Texas-based company entered into agreements with currency exchange companies Dawson & Sanderson and ChangeGroup, according to a March 26 press release. The agreements will see MoneyGram add nearly 40 locations with longer service hours.

"MoneyGram is demonstrating exceptional growth in the United Kingdom in a fast-paced and continually changing environment," said Marc Matthews, MoneyGram's senior regional director for the United Kingdom and the Republic of Ireland, in the release.

The new relationships extend MoneyGram's recent gains in the British Isles. Last year, the company scored a number of deals in the U.K. including the acquisition of British company MTI Money Transfer and partnerships to offer its services in Debenhams and Tesco stores.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry