Page 100 - AAE PR REPORT - June 2024

Ali Al Najjar, Chief Operating Officer at Al Ansari Exchange, said, "We are

delighted to enter into this strategic partnership with TerraPay, a leading force in global

money transfer. This collaboration signifies our commitment to providing our customers
with flexible and reliable remittance options. TerraPay's global network and innovative

technology complements our expertise, allowing us to offer a wider range of services."

The strategic collaboration was unveiled at Seamless Middle East 2024, highlighting

how both entities are committed to leveraging technology to enhance the remittance

ecosystem. Together, the companies promise to empower clients by enhancing global

connectivity, promoting financial inclusion, and driving economic growth in the regions

they serve.

About TerraPay:

TerraPay simplifies the movement of money everywhere – providing a single connection
to the most expansive cross-border payments network regulated in 31 global markets

and enabling payments to 141 receive countries, 210+ send countries, 7.5Bn+ bank

accounts and 2.1Bn+ mobile wallets. TerraPay is on a mission to connect a borderless

financial world, making moving money everywhere instant, reliable, transparent and fully

compliant. TerraPay pushes the boundaries for global businesses – ranging from banks,
fintechs and money-transfer operators to travel businesses, creator economy platforms

and e-commerce marketplaces – while driving financial inclusion in even the most

inaccessible markets. Founded in 2014, TerraPay is headquartered in London, with

global offices in Bangalore, Dubai, Miami, Bogota, Dar es

Salaam, Kampala, Hague, Dakar, Joburg, Nairobi, Milan, Singapore and is expanding

rapidly, having received funding from leading investors, including the IFC (the World
Bank), Prime Ventures, Partech Africa and Visa.

https://finance.yahoo.com/news/terrapay-al-ansari-exchange-partner-030000778.html