Locations
The Hague, Netherlands · Quatre Bornes, Mauritius · London, UK · Bracknell, UK · Amsterdam-Noord, Amsterdam, Netherlands · Mile End, London, UK · Kingston Vale, London SW15, UK
industry
Finance
Size
201 - 1000 employees
Stage
Other
founded in
2014
TerraPay, a mobile-first international payment network, has been founded with the vision to send money to any mobile. TerraPay interconnects financial services providers -- mobile wallet service providers, money transfer operators, banks, and payment platforms -- to create "one network" for secure and seamless transnational movement of funds. The network facilitates a broad set of transactions, including interpersonal transfers, e-payments, and government disbursements. TerraPay is platform-agnostic and supports standard open APIs for integration with any mobile wallet provider. Through a single connection, partners gain access to a global payment network, enabling service up-scaling while minimizing OPEX and CAPEX investments. As a fully regulated financial intermediary services network, TerraPay offers services beyond its principal core transaction, routing, and processing functions and assumes end-to-end responsibility for regulatory compliance, foreign exchange management, and fund settlement.
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