Tech Company Financing Transactions
TerraPay Funding Round
TerraPay, based in The Hague, secured $100 million from IFC, Partech Partners and Prime Ventures.
Transaction Overview
Company Name
Announced On
4/4/2023
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to further its growth plans, especially across the LATAM and MENA regions, strengthen its existing pay-out network to 150 countries by 2024, invest in the marketing and adoption of alternate payment methods for mobile wallets, and expand its regulatory and compliance infrastructure including key license applications across the world.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Spaces Rode Olifant Zuid Hollandlaan 7
The Hague, 2596 AI
NL
The Hague, 2596 AI
NL
Phone
Undisclosed
Website
Email Address
Overview
TerraPay was founded to ensure this man's money would receive the respect, security, and urgency that the largest Business-to-Business payments do. Ever since, we have been building an ever-expanding payments network that empowers financial inclusion and equity for every payment, however small or large.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ambar Sur
Chief Financial Officer
Ganapathy Subramaniam
Co-Founder
Akbar Hussain
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