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7/15/25, 9:54 AM Blue Remit Partners with TerraPay to Expand Global Remittance Network

Business

Jul 14, 2025 202 20

Blue Remit Partners With TerraPay To Expand Global Remittance

Network

Blue Remit, the digital remittance arm of Al Ansari Financial Services PJSC, has entered a strategic partnership with TerraPay, a global
leader in cross-border money movement, to significantly enhance its international remittance capabilities.

The alliance brings together Blue Remit’s digital-first platform and TerraPay’s interoperable global infrastructure, allowing real-time
payouts to bank accounts, mobile wallets, and cards across a wide network of countries. This collaboration aims to offer a faster, more
transparent, and fully compliant remittance experience, especially targeting underserved and high-demand corridors.

“Expanding the accessibility and performance of our remittance corridors is at the heart of Blue Remit’s growth strategy,” said Rashed A. Al
Ansari, CEO of Blue Remit. “TerraPay brings strong infrastructure, deep market coverage, and the compliance sophistication we look for in
every partner.”

The partnership is expected to benefit users by supporting seamless money transfers in real time, addressing growing consumer demand
for speed, reliability, and transparency in cross-border payments. Both companies have emphasized the importance of compliance and
regulatory excellence, a critical factor in today’s evolving global financial ecosystem.

Ani Sane, Co-Founder and Chief Business Officer at TerraPay, added:

“Our mission has always been to simplify and accelerate global money movement. Partnering with Blue Remit allows us to extend this
capability to a broader customer base, ensuring fast, transparent, and compliant remittances—especially to markets where speed and
reliability matter most.”

The collaboration aligns with both companies' shared vision of building an inclusive remittance ecosystem. Through strategic alliances and
expanded partner networks, Blue Remit and TerraPay are paving the way for low-cost, accessible money transfers that cater to today’s
digitally savvy customers, particularly in regions where remittance infrastructure has been traditionally limited.

The move comes as part of Blue Remit’s broader digital growth strategy, positioning it as a major fintech player in the UAE and beyond, while
TerraPay continues to scale its footprint across key markets in Asia, Africa, and the Middle East.

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