Page 82 - AAE PR REPORT - June 2024
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5/17/24, 10:16 AM Technology News Wire - TechFruit
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.
About Al Ansari Exchange:
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