Page 67 - 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
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.

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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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