TerraPay
Company

Last deal

$20M

Amount

Debt Financing

Stage

11.07.2024

Date

3

all rounds

$276.5M

Total amount

date founded

Financing round

General

About Company
TerraPay is a global payments infrastructure company that enables real-time cross-border payments for mobile wallets and bank accounts.

Industry

Sector :

Subsector :

Also Known As

TerraPay Holdings

founded date

01.01.2014

founders

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

TerraPay interconnects various financial service providers to create a secure and seamless network for the movement of funds. Their platform supports a wide range of transactions, including interpersonal transfers, e-payments, and government disbursements. With a single connection, partners gain access to a global payment network, allowing for rapid scaling of services while minimizing costs. TerraPay is fully regulated and offers services beyond transaction processing, including regulatory compliance, foreign exchange management, and funds settlement.
Contacts

Contact Email

Social url

Legal Names

Legal name

Terra Payment Services (Netherlands) B.V.
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Financials

Funding Rounds
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3

Number of Funding Rounds

$276.5M

Money Raised

Their latest funding was raised on 11.07.2024. Their latest investor British International Investment. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
British International Investment

British International Investment

British International Investment is a UK Government-backed development finance institution and impact investor.

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Investment Banking and Brokerage Services

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Asset Managers and Custodians

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Financial Services, Finance, Business Development

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London, UK

count Of Investments

219

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1
Visa

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109

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Co-Investors
Investors
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5

Number of lead investors

11

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Debt Financing, Venture - Series Unknown
No
Debt Financing
British International Investment

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Financial Services, Finance, Business Development

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London, UK

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219

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1
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ILX

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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Pay2Global acquired by TerraPay

Pay2Global acquired by TerraPay

acquirer

TerraPay
TerraPay

date

29.08.2016

type

Acquisition
Pay2Global

Pay2Global

Pay2Global is a leading foreign currency, money remittance and global payments company based in London.

Sector

Industrial Support Services

Subsector

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Financial Services, Payments, FinTech

Location

London, UK

People

Founders
1
Ambar Sur
Ambar Sur

Ambar Sur

Ambar Sur is the founder and CEO of TerraPay. He attended New York University - Polytechnic School of Engineering.

current job

TerraPay
TerraPay

organization founded

1

Ambar Sur

Employee Profiles
5
Koert Grasveld

Koert Grasveld

Vice President Payments

Ritesh Pai

Ritesh Pai

President - Products and Solutions

Ganapathy Subramaniam

Ganapathy Subramaniam

Chief Financial Officer

Ambar Sur

Ambar Sur

Founder & Chief Executive Officer

Ram Sundaram

Ram Sundaram

Co-founder & Chief Operating Officer

Activity

Recent News
43
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week