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TerraPay
Fintech · London, United Kingdom · Founded 2014
Providing a B2B real time cross border payments service for mobile wallets and bank accounts MoreLess
TerraPay is a dynamic financial technology company specializing in digital payment solutions. The company operates in the global financial market, focusing on regional, domestic, and cross-border transactions. TerraPay serves a diverse range of clients, including banks, mobile network operators (MNOs), money transfer operators (MTOs), governments, and regulators.
The core of TerraPay's business model is its scalable platform, which offers customized API (Application Programming Interface) integrations. This allows clients to seamlessly connect to TerraPay’s extensive global network, facilitating efficient and low-cost payment settlements. The company’s technology supports multiple payment instruments, ensuring interoperability across various financial systems and regions.
TerraPay makes money by charging fees for its transaction processing services. These fees are competitive and transparent, with no hidden charges. The company also offers favorable foreign exchange (FX) rates, adding another revenue stream. By providing a fast and flexible setup, TerraPay enables its clients to quickly go to market (GTM) with new payment solutions, thereby driving growth and profitability for both parties.
In summary, TerraPay leverages its global reach and strong partner integrations to offer seamless, efficient, and cost-effective digital payment solutions. Its platform is designed to empower clients with speed, flexibility, and scalability, ensuring business continuity and increased revenues.
Keywords: Digital Payments, Cross-Border, API Integration, Scalability, Interoperability, Financial Technology, Transaction Processing, Global Network, Competitive Pricing, FX Rates.
Company overview
TerraPay company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2014
- Headquarters
- London, United Kingdom
- Employees
- 739
- Open positions
- 9
- Dealroom signal
- 74.8
- Investment activity
- 1 companies · latest May 2023
- Capital deployed
- —
- Preferred round
- POST IPO EQUITY
Valuation & funding
TerraPay funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Jul 2024 | $95M | — | International Finance Corporation · British International Investment | ↗ |
| LATE VCOther financing | May 2023 | $0 | — | Visa | ↗ |
| DEBTDebt | Apr 2023 | $20M | — | Undisclosed | ↗ |
| SERIES BOther financing | Apr 2023 | $80M | $320M | Partech · U.S. International Development Finance Corporation · Prime Ventures · International Finance Corporation | ↗ |
| DEBTDebt | Feb 2021 | $20M | — | Lendable | — |
| ACQUISITIONOther financing | Mar 2020 | Partech · Prime Ventures · International Finance Corporation | — | ||
| SERIES BOther financing | Mar 2020 | Partech · International Finance Corporation · Prime Ventures | ↗ | ||
| SERIES AOther financing | Jul 2019 | International Finance Corporation | ↗ |
Growth signals
TerraPay website traffic
Latest recorded traffic for TerraPay is 32K monthly website visits, up 6.7% over the last three months. TerraPay's team grew 0.1% over the past year.
Hiring
Open positions at TerraPay
Current openings linked to this company in Dealroom.
Comparisons
TerraPay compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
TerraPay investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
TerraPay's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where TerraPay has talent and traffic
team presence
In the news
Latest news about TerraPay
Recent press, funding announcements, and product moves mentioning TerraPay — open to read from the original sources.
Market sentiment
What the market is saying about TerraPay
An AI-synthesized read of the highest-engagement posts about TerraPay on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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