Page 97 - AAE PR REPORT - June 2024

TerraPay and Al Ansari Exchange Partner to

Simplify Money Transfer

BFSINEWS

May 15, 2024

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.
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.”

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

https://readmagazine.com/industries/bfsi/terrapay-and-al-ansari-exchange-partner-to-simplify-
money-transfer/