T
TerraPay
Providing a B2B real time cross border payments service for mobile wallets and bank accounts
About TerraPay
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- London, United Kingdom
- Employees
- 739
- Open positions
- 9
- Dealroom signal
- 74.8/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Payments
- Sector
- Fintech, Money Management, Banking, Compliance, Investing, Money Transfer, Platform, Regtech Compliance, uk is8 financial services
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest May 2023
- Capital deployed
- —
- Preferred round
- POST IPO EQUITY
Knowledge graph
More headlines
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 | ↗ |
Growth signals
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.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
International Finance Corporation
Partech
Prime Ventures
U.S. International Development Finance Corporation
Series B and later3 investors entered at this stage
Lendable
Visa
British International Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about TerraPay on X, ranked by likes and reposts, corporate channels excluded.
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
See TerraPay’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.