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.
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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