Page 74 - AAE PR REPORT - June 2024

5/17/24, 10:11 AM PRESSR: TerraPay and Al Ansari Exchange partner to simplify money transfer — TradingView News
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.

For media inquiries and more information, please contact

juveria.n@terrapay.com

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. Al Ansari Exchange, established in

1966 and licensed by the Central Bank of the UAE, is the UAE’s first

exchange company that grown to be the largest outward personal

remittance and foreign exchange company in the country with over

259 branches across the Emirates (as of March 2024). With over 4500

multilingual employees, the Company conducts 134 thousand

transactions per day (as of December 2023).

Since its founding, the Company has significantly scaled its digital

presence through its award-winning app, website, and in-branch

smart counters.

https://www.tradingview.com/news/reuters.com,2024-05-16:newsml_ZawbwKj3f:0-pressr-terrapay-and-al-ansari-exchange-partner-to-simplify-money-t… 3/4