Terrapay in line for investment from FMO

Dutch entrepreneurial development bank FMO is proposing a US$25 million investment in the series B equity raise of Terrapay, a global digital payments infrastructure company, smoothening domestic and cross-border payments.

Terrapay has a focus on underserved market segments, supports financial inclusion in developing countries and applies technology to make money transfer services more accessible and affordable.

The investment will go into supporting the growth of the company.

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