TerraPay appoints strengthens management team with six hires
Digital payments infrastructure enabler says company is well positioned in the midst of global Covid-19 crisis
TerraPay has bolstered its upper-level management with the recruitment of six senior level positions across North America, East-Africa, Middle-East and Asia.
The six managers recruited are: Sheshagiri Malliah (Sukesh) as regional director for Asia; Philip Daniel as regional director for North America; Rizwan Qazi as VP - payments partnerships and special projects; Bassem Awada as VP - global for strategic accounts and partnerships; Prabakaran K Arumugam as director - revenue assurance and Willie Kanyeki as regional director for East Africa.
TerraPay, backed by Prime Ventures, Partech and IFC has been setting up digital payments infrastructure across the globe since 2015.
These investors invested $9.6 million in TerraPay in March this year. This has put TerraPay in a good position to continue to help its partners to allow their customers to send real time digital remittances to their loved ones.
The company has created digital payments infrastructure across more than 100 countries and during these difficult times when the cross border remittances become the biggest source of income and survival for the households, TerraPay has been actively working with its partners to ensure that the money can be sent directly into the mobile wallets and bank accounts.
Ambar Sur, founder and CEO of TerraPay commented, “We understand that we have a huge role to play when it comes to making sure that the money keeps flowing across borders despite the restrictions. The seamless flow of payments and remittances is our way of serving the financially underserved and disadvantaged during these difficult times. We are using these times to ensure that we build our capabilities in this new world order and in order to do that I am very happy to announce the addition to the TerraPay family in N. America, East-Africa, Middle-East and Asia. These announcements are also a statement of belief in our business model of digital payments away from cash which we have been pursuing since inception and which has been backed up by institutions like IFC, Prime and Partech.”