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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.
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
Stage
Acquired
Total Funding
$100M in 5 rounds
Investors
Ranked
Employee Count
738 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Partech Partners (Mar 03, 2020)

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:lockFilter this list
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
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TerraPay's founders and board of directors

Founder? Claim Profile
The 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:

TerraPay's employee count trend

TerraPay has 738 employees as of Apr 26. Here is TerraPay's employee count trend over the years:
Employee count trend for TerraPay
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Rapyd
Rapyd
2016, London (United Kingdom), Series F
FinTech company that provides global payment solutions
$1.01B
73/100
2nd
Logo for TerraPay
TerraPay
2014, London (United Kingdom), Acquired
Omnichannel payment solution for cross-border money transfers
$100M
67/100
3rd
Logo for Lightnet
Lightnet
2018, Singapore (Singapore), Series B
Money transfer solution over blockchain networks
$81.2M
66/100
4th
Logo for Onafriq
Onafriq
2003, Tulsa (United States), Series C
Omnichannel payment network for cross-border remittance
$177M
63/100
5th
Logo for TransferTo
TransferTo
2005, San Francisco (United States), Acquired
Global B2B fintech infrastructure enabling seamless payments and digital value transfers
$3M
55/100
6th
Logo for Streami
Streami
2015, Seoul (South Korea), Series B
Provides a cryptocurrency exchange
$2M
46/100
7th
Logo for Opus Technologies
Opus Technologies
1997, Alpharetta (United States), Funding Raised
AI-enabled omnichannel cross-border payment processing network
-
46/100
8th
Logo for Moment
Moment
2022, London (United Kingdom), Series B
Provider of integrated payments network platform
$37.5M
44/100
9th
Logo for Alipay
Alipay
2015, Singapore (Singapore), Unfunded
App-based cross-bordered payment and marketing solutions
-
-
43/100
10th
Logo for Coala Pay
Coala Pay
2021, San Francisco (United States), Seed
Payment infrastructure for cross-border transfers
$3.5M
40/100
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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

lockFilter this list
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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