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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
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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