TerraPay, a global payments infrastructure company, today announced that it has secured authorization as an Electronic Money Institution (EMI) in Italy. Having obtained approval from the Bank of Italy, TerraPay is set “to expand its operations within the country and subsequently, throughout the European Union.”… Read More
TerraPay, a global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), “marking a significant step towards being a payments company with the most regulatory approvals.” With this coveted approval from MAS,… Read More
Read more in: Fintech, Asia, Global | Tagged ambar sur, digital payments, fintech adoption, fintech trends, in-principle approval, infrastructure, major payment institution, mas, monetary authority of singapore, mpi license, operational license, payments, Regulatory Approval, singapore, southeast asia, terrapay
TerraPay, a global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The investment round was “led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation… Read More
Read more in: Fintech, Global | Tagged ambar sur, cyril collon, debt financing, equity financing, infrastructure, investment round, partech, payments, payments infrastructure, terrapay
TerraPay, a global payments infrastructure company, has announced its partnership with Zai, the global financial technology company delivering embedded finance orchestration solutions. Together, TerraPay and Zai aim “to strengthen and unify the global payments ecosystem in Australia, by offering a seamless cross border payments experience… Read More
Read more in: Fintech, Global | Tagged cross-border payments, embedded finance, financial services, infrastructure, netherlands, payments, sanjeev kumar, terrapay, zai
Paysend, a provider of card-to-card and international payments services, today announced the expansion of its cross-border money transfer services to Colombia with MOVii, a mobile wallet service in Colombia. Using global payments infrastructure company Terrapay, Paysend will enable U.S. and European customers to send money via MOVii mobile… Read More
Read more in: Fintech, Global | Tagged alex bessonov, colombia, international payments, jairo riveros, mobile wallets, paysend, terrapay
The Fintech sector has been growing rapidly across the globe, especially following the COVID-19 outbreak which has accelerated the shift towards digital financial services. Although the Coronavirus crisis has negatively impacted certain business sectors in Europe like travel and the hospitality industry, the European Fintech… Read More
Read more in: Fintech, Blockchain & Digital Assets | Tagged acquisition, acquisitions, amsterdam, blockdata, blockport, bux, cb insights, cbinsights, collenda, davinci, europe, morningstar, netherlands, nuvei corporation, ohpen, prime ventures, rabo frontier ventures, terrapay
Netherlands-based TerraPay, a cross-border payments infrastructure developer, has hired Ritesh Pai to serve as the company’s senior vice president for product and payment solutions. TerraPay claims that it’s a leader in offering seamless and secure cross-border real-time payments via “digital interoperability” across different financial instruments including… Read More
Read more in: Uncategorized | Tagged ambar sur, cross-border payments, netherlands, ritesh pai, terrapay
Visa Inc. (NYSE: V) announced on Wednesday it has formed a new partnership with TerraPay, a global payments infrastructure company, for the development and delivery of payment solutions in an effort to drive financial inclusion and cashless transactions for domestic payments and global remittances. The… Read More
Read more in: Fintech, General News, Global | Tagged financial technology, fintech, global payments, terrapay, visa
Netherlands-based TerraPay, an international payments infrastructure developer, recently confirmed that it was acquired by investors Prime Ventures and Partech Africa, and its management. The exact amount involved in the acquisition has not been shared publicly. These same group of investors, and IFC, a third investor,… Read More
Read more in: Fintech, Global | Tagged ifc, netherlands, prime ventures, terrapay
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