Page 88 - AAE PR REPORT - JULY 2025_Neat

7/14/25, 9:54 AM Blue Remit and TerraPay Forge Strategic Alliance to Expand Global Remittance Reach - Biz Today
Blue Remit and TerraPay Forge Strategic Alliance to

Expand Global Remittance Reach

Posted on July 13, 2025 UTC 0
Share on Facebook Share on Twitter

By Rafiq Vayani

DUBAI: 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.

rafiq@biztoday.news

https://www.biztoday.news/2025/07/13/blue-remit-and-terrapay-forge-strategic-alliance-to-expand-global-remittance-reach/ 1/1