Page 105 - AAE PR REPORT - June 2024
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5/16/24, 9:54 AM TerraPay and Al Ansari Exchange Partner to Simplify Money Transfer
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.
About Al Ansari Exchange:
Al Ansari Exchange, the subsidiary of Al Ansari Financial Services P.J.S.C. and the
largest outward personal remittance and foreign exchange company in the UAE.
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