On Thursday, global money transfer provider TerraPay and Levant’s top fintech innovator, Whish Money, announced a strategic alliance to improve digital payments and cross-border transfers for Whish customers.
The two businesses’ shared goal of promoting financial inclusion and stimulating innovation in various markets has reached a turning point with this partnership.
The partnership uses Terrapay’s wide global market access to facilitate cross-border payments and give Whish users a dependable, secure, and quicker end-to-end remittance experience than traditional channels.
Whish Money to leverage TerraPay’s global payments network
TerraPay’s global payments network, which links to 7.5 billion bank accounts and 3.7 billion mobile wallets globally, gives Whish Money’s rapidly expanding user base of more than 1.3 million access to powerful new features.
With this collaboration, Whish users can send money instantly to bank accounts and wallets in over 150 countries, providing a quick, legal, and affordable substitute for conventional remittance channels.
“At Whish Money, we’re excited to redefine the remittance experience for our users,” said Toufic Koussa, Co-Founder and CEO at Whish Money.
“This partnership with TerraPay allows us to expand our global reach and offer our customers the speed, reliability, and security they deserve when sending money across borders.”
“At TerraPay, we’re committed to creating a world where financial access is universal,” said Ani Sane, co-founder and chief business officer.
“Our partnership with Whish Money is a powerful step toward that vision, enabling millions to send and receive money effortlessly, securely, and inclusively, no matter where they are.”
“We are delighted to partner with TerraPay to enhance our product offerings for our customers across the globe,” said Shahwan Al Ghazal Moawad, Co-Founder and Executive Board Member at Whish Money.
TerraPay’s global payments infrastructure and Whish Money’s local knowledge and reach will be combined in a partnership that will increase the impact, accessibility, and inclusivity of digital money movement for users everywhere.
About Whish Money
Whish Money, a prominent fintech business licensed and governed by the Central Bank of Lebanon, is a member of the Talaco Group, founded in 2004. With its headquarters in Lebanon and offices in the United Arab Emirates and the United States, Whish Money provides services to more than 1 million users in more than 110 countries.
The company continues to expand its reach and influence by utilising a vast regional network that includes 3,000 points of sale in the United Arab Emirates and more than 1,200 agents in Lebanon.
Among the many digital financial services offered by Whish Money are secure remittances, flexible payment options, and extensive merchant tools designed for both individual and business customers.
About TerraPay
TerraPay streamlines international money transfers by linking to one of the largest cross-border payment networks regulated in more than 30 countries.
Thanks to the platform, more than 3.7 billion mobile wallets, 7.5 billion bank accounts, more than 12 billion cards, and more than 150 receiving and 210 sending countries can all receive payments. By enabling quick, dependable, transparent, and completely compliant money transfers, TerraPay aims to establish a global financial environment.
TerraPay was established in 2014 and has since created a global network of interoperable digital wallets, promoting financial inclusion even in the most isolated markets.
London serves as the headquarters for TerraPay, which also maintains offices in Bangalore, Singapore, Dar es Salaam, Dubai, and Bogota. TerraPay is expanding quickly worldwide with the support of top investors like Visa, Partech Africa, Prime Ventures, and the IFC (World Bank).