Page 13 - 7X PR REPORT REPORT DECEMBER 2024
P. 13

PRESS RELEASE


               By leveraging TerraPay’s global remittance network and advanced technology, WSE
               will expand its footprint to new destinations and elevate the speed and reliability of its
               services, all while offering competitive prices.

               With a shared commitment to advancing financial technology and enhancing customer
               experience, the two companies are poised to elevate international money transfers
               and  redefine  service excellence to  meet the growing demand for fast  and  reliable
               remittance solutions.
                                                         -ends-


               About Wall Street Exchange
               Founded in 1982, Wall Street Exchange - a subsidiary of FINTX, the financial services
               arm  of 7X  -  is a trusted leader in the UAE's money  exchange sector. With  a
               comprehensive range of solutions, it provides foreign currency exchange, international
               money transfers, corporate payments, payroll services, and other services such as
               utility bill payments, mobile recharge, wealth management, and more. As one of the
               first exchange houses licensed by the Central Bank of the UAE, Wall Street Exchange
               has built a legacy of trust and innovation over four decades.
               Globally recognised for its wholesale currency notes business, Wall Street Exchange
               is renowned for delivering timely solutions to customers around the world. Backed by
               a vast network of banking  and financial  partners,  Wall  Street Exchange  ensures
               seamless and secure transactions  for its  customers  through more  than 30  retail
               branches in the UAE, combining local expertise with global reach to deliver quality
               service and foster trust in every community it serves.

               About TerraPay
               TerraPay simplifies global money movement, providing a single connection to one of
               the most expansive  cross-border payment  networks regulated in over 30  global
               markets. The platform enables payments to 144+ receiving countries, 210+ sending
               countries, over 3.7 billion mobile wallets, 7.5 billion bank accounts, and more than 12
               billion cards. TerraPay is on a mission to create a borderless financial world, making
               money transfers instant, reliable, transparent, and fully compliant. Founded in 2014,
               TerraPay operates in over 12 countries and has  built the  global digital wallet
               interoperable network, driving financial inclusion even in the most remote markets.
               TerraPay is  headquartered in London, with  offices in cities like Bangalore, Dubai,
               Bogota, Dar es Salaam, Kampala, and  Singapore. Backed by leading investors
               including the IFC (World Bank), Prime Ventures, Partech Africa, and Visa, TerraPay
               continues its rapid global expansion.








                                 ةدﺣﺗﻣﻟا ﺔﯾﺑرﻌﻟا تارﺎﻣﻹا ،ﻲﺑد ،99999 دﯾرﺑ قودﻧﺻ ،ع.م.ش تارﺎﻣﻹا دﯾرﺑ ﺔﻋوﻣﺟﻣ ﺔﻛرﺷ
                                               Emirates Post Group Company PJSC, PO Box 99999, Dubai, UAE

                                                 Tel. +971 4 604 9438  فﺗﺎھ
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