Alawneh Exchange Partners with TerraPay to Enhance International Money Transfer Services

July 16, 2024 |

Alawneh Exchange, a leading financial services provider in the Middle East, has announced a strategic partnership with TerraPay, a global money movement company. This collaboration aims to offer streamlined international money transfer services, reinforcing Alawneh Exchange’s commitment to providing convenient and reliable financial solutions.

TerraPay’s scalable infrastructure simplifies the process of sending money abroad, ensuring a faster and more secure experience for customers. Leveraging Alawneh Exchange’s extensive network, customers can now send funds within the TerraPay network, with future expansion plans in the pipeline.

“Alawneh Exchange is dedicated to providing our customers with the most efficient and dependable services,” said Ms. Mais Safadi, COO of Alawneh Exchange. “The launch of TerraPay services through our platform underscores our commitment to offering reliable international money transfer solutions. This partnership with TerraPay enhances our ability to meet the evolving needs of our customers.”

Commenting on the new partnership, Ani Sane, Co-founder and Chief Business Officer at TerraPay, said, “We are excited to announce our partnership with Alawneh Exchange, further strengthening our mission to simplify cross-border money transfers. We look forward to combining our robust technology and capabilities with Alawneh Exchange’s deep network to break the barriers surrounding cross-border money transfers.”

About Alawneh Exchange

Alawneh Exchange is a leading financial services provider in Jordan and the Middle East, renowned for its innovative and reliable currency exchange and money transfer services. Established in 1966, Alawneh Exchange operates the largest network of branches in Jordan, ensuring unmatched accessibility and convenience. Our mission is to facilitate seamless money movement, erasing boundaries between people, cities, and countries. Committed to excellence, we empower individuals and businesses to drive economic growth and build a sustainable future filled with opportunities.

About TerraPay

TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network regulated in 31 global markets and enabling payments to 144 receive countries, 210+ send countries, 7.5Bn+ bank accounts and 2.1Bn+ mobile wallets. TerraPay is on a mission to connect a borderless financial world, making moving money everywhere instant, reliable, transparent, and fully compliant. TerraPay pushes the boundaries for global businesses – ranging from banks, fintechs and money-transfer operators to travel businesses, creator economy platforms and e-commerce marketplaces – while driving financial inclusion in even the most inaccessible markets. Founded in 2014, TerraPay is headquartered in London, with global offices in Bangalore, Dubai, Miami, Bogota, Dar es Salaam, Kampala, Hague, Dakar, Joburg, Nairobi, Milan, Singapore and is expanding rapidly, having received funding from leading investors, including the IFC (the World Bank), Prime Ventures, Partech Africa, and Visa.

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