Page 79 - 7X PR REPORT REPORT DECEMBER 2024
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12/20/24, 4:09 PM Wall Street Exchange Partners with TerraPay
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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 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
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