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7/14/25, 9:54 AM Blue Remit and TerraPay forge strategic alliance to expand global remittance reach

Rashed A. Al Ansari, CEO of Blue Remit, Ani Sane, Co-Founder and Chief Business Officer at TerraPay. Image Courtesy: TerraPay

Blue Remit and TerraPay forge strategic alliance to expand global remittance reach

Integrating Blue Remit’s digital-first platform with TerraPay’s interoperable infrastructure
Press Release

July 13, 2025

Dubai, UAE – Blue Remit, the digital remittance subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with TerraPay,
a global money movement company, to significantly expand its payout capabilities across multiple geographies.

This partnership adds new strength to both entities to complement each other. By integrating Blue Remit’s digital-first platform with TerraPay’s
interoperable infrastructure, the alliance enables real-time payouts to bank accounts, mobile wallets, and cards globally. The result is a faster, more
transparent, and compliant remittance experience for customers sending money to underserved regions.

“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.”

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.

This move also aligns with Blue Remit and TerraPay’s common broader vision of building an inclusive remittance ecosystem. Both companies have
been steadily expanding their partner network to support real-time, low-cost transfers that meet the expectations of today’s digitally savvy users.
About Blue Remit

Blue Remit (previously known as Worldwide Cash Express), a subsidiary of the Al Ansari Financial Services PJSC, brings over 50 years of trusted
expertise in financial services to the global remittance industry. As a B2B-focused Money Transfer Operator (MTO), Blue Remit partners with

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