Page 54 - AAE PR REPORT - June 2024

5/20/24, 9:47 AM TerraPay Joins Forces with Al Ansari Exchange to Enhance Global Money Transfers
enhance TerraPay’s operational capabilities within the UAE. This alliance aligns

with TerraPay’s strategic goals of broadening its global footprint and refining

its service offerings to support seamless and secure financial transactions
across borders.

Ani Sane, Co-founder and Chief Business Officer at TerraPay, expressed
enthusiasm about the partnership, stating, “We are thrilled to partner with Al

Ansari Exchange, a respected name with a rich heritage in the UAE. This

partnership allows us to leverage combined strengths and capabilities.
Together, we are prepared to extend our services and better serve customers,

making cross-border transactions more seamless and accessible.”

Ali Al Najjar, Chief Operating Officer at Al Ansari Exchange, also commented

on the collaboration, noting, “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 partnership is expected to significantly impact the way remittances are
handled in the region, providing customers with more efficient and reliable

options for money transfers. By integrating TerraPay’s global payment
solutions with Al Ansari Exchange’s extensive service network, the

collaboration aims to enhance the accessibility of financial services and

promote economic growth and financial inclusion in their respective markets.

This strategic move is a testament to both organizations’ commitment to

utilizing technology to improve the efficiency and security of financial
transactions, ensuring that clients across the globe have better access to quick

and secure money transfer services.

Posted on May 19, 2024

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