Page 81 - AAE PR REPORT - June 2024

5/17/24, 10:16 AM Technology News Wire - TechFruit
TerraPay and Al Ansari Exchange

Partner to Simplify Money Transfer

DUBAI, UAE, May 14, 2024 /PRNewswire/ -- TerraPay, a prominent global money

movement company, has partnered with Al Ansari Exchange, the largest
remittance and foreign exchange company in the UAE and a subsidiary of Al

Ansari Financial Services PJSC [DFM: ALANSARI]. TerraPay's global payment

solutions for local payout needs integrated with Al Ansari Exchange's extensive

network expands both organisations scope of operations and improves their

capabilities to serve a broader customer base with efficient, secure, and seamless

transactions.

With its strong portfolio of financial services and customer-centric approach, Al

Ansari Exchange provides its clientele with flexible and reliable remittance

options. The latest partnership will allow TerraPay to capitalise on this expertise

and expand its presence in the UAE, in line with the company's strategic

objectives of expanding its global footprint and enhancing its offerings.

Ani Sane, Co-founder & Chief Business Officer at TerraPay, commented,

"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."

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