TerraPay: Empowering Financial Inclusion

TerraPay, a financial technology company, is focusing on advancing financial inclusion through its services. The company recently secured a $100 million Series B funding round and plans to expand into new markets, expand regulatory coverage, and introduce new product lines. TerraPay is particularly concerned with enabling small value instant payments, as these transactions provide essential funds for items such as food, education, and gifts. By facilitating these transfers, TerraPay aims to reach underserved families and single mothers and bring them into the financial fold. The company’s CEO, Ambar Sur, emphasizes the importance of financial inclusion and expresses gratitude to investors for supporting this mission.