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12/20/24, 4:08 PM Wall Street Exchange partners with TerraPay to Enable Cross-Border Payments and Advance Financial Inclusion

Wall Street Exchange partners with TerraPay to

Enable Cross-Border Payments and Advance

Financial Inclusion

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12/19/2024 2:33:13 AM

(MENAFN- Orient Planet Group) Dubai, December 19, 2024: 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 TerraPay’s advanced platform with our systems, we are able to enhance our

offerings and streamline international transfers, providing individuals and businesses with a

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