British International Investment

Terra Payment Services (Mauritius)

AfricaBeninCameroonCote d'IvoireGhanaKenyaMaliUgandaAfricaCentral AfricaEast AfricaWest AfricaFinancial services

Terra Payment Services (TerraPay) is a global payment processor with a focus in facilitating faster, cheaper, and more reliable digital remittance transfers into Emerging Markets. With 2.1bn mobile money wallets in TerraPay’s network, individuals can easily transfer funds directly into family member’s or friend’s mobile money accounts, with transactions settling almost instantaneously powered by TerraPay’s digital infrastructure.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $20m Africa, Central Africa, East Africa, West Africa Financial services March 2024 Active

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