Page 37 - 7X PR REPORT REPORT DECEMBER 2024

12/23/24, 11:57 AM Wall Street Exchange Partners With Terrapay To Enable Cross-Border Payments And Advance Financial Inclusion
The partnership agreement was signed at the 7X headquarters in Dubai by Malaz Mubaid,

Acting CEO of Wall Street Exchange and Sudhesh Giriyan, President and Global Head of

Remittances at TerraPay. The ceremony was held in the presence of Abdulla Mohammed
Alashram, Group CEO of 7X, Bassam Awada, SVP MENA and Global Partnerships of

TerraPay, and Sultan AlMahmoud, Acting CEO of FINTX.

WSE's collaboration with TerraPay marks a significant step towards enhancing financial

accessibility for individuals and businesses, especially those who rely on cross-border

payments to support family members, pay for services or conduct business internationally.

TerraPay's network of 144+ receiving countries, 210+ sending countries, over 3.7 billion
mobile wallets, 7.5 billion bank accounts, and more than 12 billion cardsalso helps WSE

streamline international transfers, making them more cost-effective. The end goal is to

empower users with convenient payment options.

Malaz Mubaid said:“Our partnership with TerraPay underscores our focus on making cross-

border payments more accessible and responsive to the needs of our diverse customer base.

By integrating TerraPay's advanced platform with our systems, we are able to enhance our

offerings and streamline international transfers, providing individuals and businesses with a
more efficient and reliable experience. This collaboration is a strategic step in advancing

financial inclusivity and adapting to the shifting expectations within the remittance landscape.”

Sudhesh Giriyan said:“We are thrilled to partner with Wall Street Exchange in driving

innovation and enhancing financial inclusion across borders. By integrating TerraPay's robust

global remittance network with WSE's services, we are enabling faster, more affordable, and

seamless international money transfers for millions of people. This partnership reflects our
shared commitment to improving financial accessibility and empowering underserved

communities, helping bridge the gap in the global remittance landscape.”

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