TerraPay: Closes Series B Equity Financing Round, Raising Over $100 Million in Equity and Debt Financing
- TerraPay has raised over $100 million in equity and debt financing in its Series B funding round, led by IFC
- The funding will help to expand globally, particularly in the LATAM and MENA regions
- It specializes in enabling low-cost, cross-border remittances and instant money transfers in a secure and affordable way
- The company has a far-reaching network of partners and customers, present in over 108 receiving countries
- Investors are excited about Its potential for a profitable, fast growth trajectory in the coming years
- Its success in raising over $100 million underscores its position as a leading player in the global payments infrastructure space
