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MoneyGram says bonjour to booming French immigrant market

How do you say money order in French?

I think the answer is mandat-poste, but a local financial services firm is hoping people will just say “MoneyGram.”

MoneyGram International, headquartered in St. Louis Park, said today that it added 13 countries and 33,000 locations to its money transfer network in 2008.

Much of MoneyGram’s growth last year came from helping the 6.5 million immigrants living in France send money home to former French colonies across Africa.

Just over half of the countries MoneyGram added to its network last year are home to French speakers, including Algeria, Central African Republic, Comoros, French Polynesia, Gabon, Madagascar and New Caledonia.

Other countries MoneyGram entered last year were Angola, Bermuda, Bhutan, Czech Republic, Serbia, and Slovenia.

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