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12/20/24, 4:07 PM Wall Street Exchange partners with TerraPay to enable cross-border payments and advance financial inclusion – Bizpreneur Middl…
Wall Street Exchange partners with TerraPay to

enable cross-border payments and advance financial

inclusion

LATEST NEWS, NEWS December 19, 2024 News

Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic
partnership agreement with TerraPay, a global money movement company, to drive efficiency,
reliability, and affordability in international money transfers and promote financial inclusion. This
collaboration is set to expand WSE’s payment channels via TerraPay’s network, making cross-
border payments more affordable and enabling underserved communities with seamless access to
financial services. This move reflects both organisation’s commitment to enhance customer
satisfaction and service quality in the remittance landscape.
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

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