Terrapay Raises $100 Million In Series B Funding To Expand Global Payments Infrastructure
PRIVATEApr 04, 2023
Amount Raised
$100 Million
Round Type
Series B
LondonFinancial ServicesPaymentsFintechLending
Investors
U.S. International Development Finance CorporationPartech AfricaPrime VenturesIfc
Description
TerraPay, a leading 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 funding round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other investors.
Who else raised in Financial Services and Payments around the same time
Companies in the same sectors as TerraPay group that raised within 45 days of this round, from Fundz verified event records.
Paytrix raised $18M (Funding Round) on March 29, 2023.
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce★★★★★4.8/5 on G2
Company Information
Company
TerraPay group
Location
London, England, United Kingdom
About
Headquartered in the UK (London), TerraPay believes that the smallest payment deserves a borderless journey as safe as the largest.
As the only payment provider regulated in 29 global markets, TerraPay’s cross-border payments network simplifies the movement of money worldwide. By providing direct access through a single connection to even the most inaccessible markets around the world, we push the boundaries of what’s possible for our global partners while enabling economic opportunities for individuals and businesses everywhere.
With access to payments infrastructure that spans the globe, their partners become beacons of the promise of global financial inclusion.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment TerraPay group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
LondonFinancial ServicesPaymentsFintechLending