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TerraPay

Headquartered in the United Kingdom, TerraPay believes that the smallest payment deserves a borderless journey as safe as the largest. Backed by the world's most trusted institutions: The International Finance Corporation (IFC), Partech, and Prime Ventures, the company has been building an ever-expanding payments highway that empowers businesses to create transparent customer experiences with an uninterrupted, secure, and real-time global passage for every payment, however small or large. Registered and regulated in over 26 global markets, TerraPay is a leading global partner to banks, mobile wallets, money transfer operators, merchants, and financial institutions, creating a more expansive and inclusive global financial ecosystem. TerraPay’s single API integration connects partners to all current and future growth corridors and enables long-standing partnerships supporting diverse payment instruments and types while adhering to complex regulations and compliance standards in different markets. Company profile TerraPay has been an advocate of financial inclusion, driven by the vision to achieve the SDG 2030 goal of reducing remittance costs and mobile wallet cross-border payments, by providing cost-effective money transfer services to partners in send markets, thereby reducing the global average of remittance costs from 7% to 3% in some key markets. With access to a far-reaching network of 4.5Bn+ bank accounts, 1.5Bn+ mobile wallets, across 100+ receive countries and 200+ send countries, TerraPay enables its partners to become beacons of the promise of global financial inclusion

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