The smallest payment deserves a borderless journey as safe as the largest.
Holding strong to this belief, TerraPay is building an ever-expanding payments highway, empowering businesses to create transparent customer experiences with an uninterrupted, secure, and real-time global passage for every payment, however small or large.
One of the first transactions to travel TerraPay's global payments highway was $13, sent from Dubai to Tanzania by a worker who cleaned hotel rooms to support his family. TerraPay was founded to ensure this man's money could enjoy the respect, security, and urgency of the largest B2B transactions. As the company has grown, TerraPay's robust foundation and innovative technology platform serve as the digital interoperability engine enabling customers and businesses globally to send and receive payments in a secure, real-time, transparent, and efficient way. The agile network supports diverse payment instruments and types of payments, enabling transaction processing, clearing, and settlement services for regional and domestic faster payment systems while adhering to complex regulations and compliance standards in different markets. When clients partner with TerraPay, they create equity by ensuring every transaction—no matter how small—lands in the right hands.
Headquartered in the UK, TerraPay has a global team of 460 spirited individuals upholding the global payments highway. Registered and regulated across 27 markets, TerraPay has a diverse network of 4.5 Bn+ banks, 1.5Bn+ mobile wallets, and a diverse reach of merchants for regional, cross-border and international payments.
TerraPay was initially incubated and seed funded by Comviva. In the Series A round, TerraPay was funded by IFC, Prime, and Partech in 2020-21.