Page 45 - 7X PR REPORT REPORT DECEMBER 2024

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

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