TerraPay - About the company
TerraPay is an acquired company based in London (United Kingdom), founded in 2014 by Ambar Sur, Ram Sundaram and Ani Sane. It operates as an Omnichannel payment solution for cross-border money transfers. TerraPay has raised $100M in funding from IFC. The company has 36 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Rapyd, Lightnet and Onafriq.
Company Details
Omnichannel payment solution for cross-border money transfers. Its services interconnect mobile wallet service providers, financial institutions, and money transfer operators in sending and receiving markets. It is platform agnostic and supports standard open APIs for integration with multiple service providers.
- Website
- www.terrapay.com/
- Email ID
- *****@terrapay.com
- Registered Address
- 12th & 13th Floor, Godrej Centre Hebbal, Sahakara Nagar, Byatarayanapura, Bangalore, Bangalore North, Karnataka, India, 560092
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Acquired
Total Funding
$100M in 5 rounds
Latest Funding Round
Ranked
2nd among 36 active competitors
Employee Count
738 as on Apr 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Partech Partners (Mar 03, 2020)
Legal entities associated with TerraPay
TerraPay is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TERRAPAY SOLUTIONS INDIA PRIVATE LIMITED CIN: U74140KA2020PTC133630 , India, Active | Apr 01, 2020 | $12.2M (As on Mar 31, 2023) | 517 (As on Aug 01, 2025) | |
TERRAPAY HOLDINGS LIMITED CIN: 13784842 , United Kingdom, Active | Dec 05, 2021 | - | - |
TerraPay's acquisition details
TerraPay got acquired by Partech Partners and Prime Ventures on Mar 03, 2020.
Click here to take a look at TerraPay's acquisition in detail
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TerraPay's funding and investors
TerraPay has raised a total funding of $100M over 5 rounds. Its first funding round was on Mar 03, 2020. Its latest funding round was a Conventional Debt round on Jul 15, 2024 for $*****. 4 investors participated in its latest round. TerraPay has 10 institutional investors.
Here is the list of recent funding rounds of TerraPay:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 15, 2024 | 4162919 | Conventional Debt | 4891397 | 6277391 | 2570002 | 1848693 |
Apr 04, 2023 | 4649732 | Conventional Debt | 8526301 | 1240779 | 9539750 | 1667552 |
Apr 04, 2023 | 5381717 | Series B | 4050481 | 3506206 |
View details of TerraPay's funding rounds and investors
TerraPay's founders and board of directors
Founder? Claim ProfileThe founders of TerraPay are Ambar Sur, Ram Sundaram and Ani Sane. Ambar Sur is the CEO of TerraPay.
Here are the details of TerraPay's key team members:
- Ambar Sur: Co-Founder & CEO of TerraPay. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Ram Sundaram: Co-Founder & COO of TerraPay. Contact Info: 1 email address
- Ani Sane: Co-founder & Chief Business Officer of TerraPay. Contact Info: 1 email address
View details of TerraPay's Founder profiles and Board Members
TerraPay's employee count trend
TerraPay has 738 employees as of Apr 26. Here is TerraPay's employee count trend over the years:
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TerraPay's Competitors and alternates
Top competitors of TerraPay include Rapyd, Lightnet and Onafriq. Here is the list of Top 10 competitors of TerraPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rapyd 2016, London (United Kingdom), Series F | FinTech company that provides global payment solutions | $1.01B | 73/100 | |
2nd | TerraPay 2014, London (United Kingdom), Acquired | Omnichannel payment solution for cross-border money transfers | $100M | 67/100 | |
3rd | Money transfer solution over blockchain networks | $81.2M | 66/100 | ||
4th | Onafriq 2003, Tulsa (United States), Series C | Omnichannel payment network for cross-border remittance | $177M | 63/100 | |
5th | TransferTo 2005, San Francisco (United States), Acquired | Global B2B fintech infrastructure enabling seamless payments and digital value transfers | $3M | 55/100 | |
6th | Streami 2015, Seoul (South Korea), Series B | Provides a cryptocurrency exchange | $2M | 46/100 | |
7th | Opus Technologies 1997, Alpharetta (United States), Funding Raised | AI-enabled omnichannel cross-border payment processing network | - | 46/100 | |
8th | Moment 2022, London (United Kingdom), Series B | Provider of integrated payments network platform | $37.5M | 44/100 | |
9th | App-based cross-bordered payment and marketing solutions | - | - | 43/100 | |
10th | Coala Pay 2021, San Francisco (United States), Seed | Payment infrastructure for cross-border transfers | $3.5M | 40/100 |
Looking for more details on TerraPay's competitors? Click here to see the top ones
TerraPay's Investments and acquisitions
TerraPay has acquired Pay2Global. TerraPay has not made any investments as of now.News related to TerraPay
Media has covered TerraPay for a total of 20 events in the last 1 year, 15 of them have been about partnerships and 4 about company updates.
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TerraPay Partners with Raenest to Enable Faster Freelancer Payouts in India, PhilippinesFintech Finance•Feb 26, 2026•Raenest, TerraPay, Sabre
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botim money Partners with TerraPay to Expand Global Remittance Reach, Focusing on AfricaThe Fintech Times•Feb 14, 2026•BOTIM, TerraPay
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TerraPay Enters Creator Economy with MilX Partnership to Power Global PayoutsThe Fintech Times•Feb 07, 2026•TerraPay
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Mastercard & TerraPay Partner to Expand Digital Wallet UsePYMNTS.com•Dec 11, 2025•TerraPay, Mastercard, HBX Group, Interchecks and 3 others
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MoMo Rwanda Partners with TerraPay to Simplify International Money TransfersFintech Finance•Nov 17, 2025•TerraPay, MNT
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Liquid Group & TerraPay Partner for Cross-Border QR Interoperability in Africa, AsiaFintech Finance•Nov 13, 2025•Liquid Group, TerraPay, Team Liquid
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Cobre and TerraPay join forces to facilitate global business paymentsElectronic Payments International•Oct 28, 2025•Cobre Valley Regional Medical Center, TerraPay, Cobre
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TerraPay Adopts Stablecoin-Native Flows with Fipto to Enhance Global PaymentsFintech Finance•Oct 06, 2025•Fipto, TerraPay
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