When was TerraPay founded?

TerraPay was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is TerraPay located?

TerraPay is headquartered in London, United Kingdom. It is registered at 12th & 13th Floor, Godrej Centre Hebbal, Sahakara Nagar, Byatarayanapura, Bangalore, Bangalore North, Karnataka, India, 560092.

Who is the current CEO of TerraPay?

Ambar Sur of TerraPay. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does TerraPay have?

As of Aug 31, 2026, the latest employee count at TerraPay is 723.

Is TerraPay a funded company?

TerraPay is a funded company, having raised a total of $100M across 5 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Mar 03, 2020.

When was the latest funding round of TerraPay?

TerraPay's latest funding was a $***** Conventional Debt round on Jul 15, 2024, with participation from 4 investors.

Where does TerraPay rank among its competitors?

TerraPay ranks 2nd amongst 21 active competitors, of which 7 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Coala Pay, which secured $3.5M in Feb, 2025.

Who are the top competitors of TerraPay?

TerraPay's top competitors include Lightnet, Onafriq and TransferTo. Among them, Coala Pay secured the most recent funding round in February, 2025.

TerraPay - 2026 Company Profile, Team, Funding & Competitors

Company Details

Omnichannel payment solution for cross-border money transfers. Its services interconnect mobile wallet service providers, financial institutions, and money transfer operators in sending and receiving markets. It is platform agnostic and supports standard open APIs for integration with multiple service providers.

Website: www.terrapay.com/
Email ID: *****@terrapay.com
Registered Address: 12th & 13th Floor, Godrej Centre Hebbal, Sahakara Nagar, Byatarayanapura, Bangalore, Bangalore North, Karnataka, India, 560092

Key Metrics

Founded Year

2014

Location

London, United Kingdom

Stage

Acquired

Total Funding

$100M in 5 rounds

Latest Funding Round

Conventional Debt, Jul 15, 2024, $*****

Investors

IFC & 9 more

Ranked

2^nd among 21 active competitors

Employee Count

723 as on Aug 31, 2026

Investment & Acquisitions

Pay2Global

Similar Companies

Lightnet & 30 more

Exit Details

Acquired by Partech Partners (Mar 03, 2020)

View TerraPay's full profile

TerraPay is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TERRAPAY HOLDINGS LIMITED CIN: 13784842 , United Kingdom, Active	Dec 05, 2021	-	-
TERRAPAY SOLUTIONS INDIA PRIVATE LIMITED CIN: U74140KA2020PTC133630 , India, Active	Apr 01, 2020	₹50 - ₹100 Cr (As on Mar 31, 2023)	517 (As on Aug 01, 2025)

TerraPay got acquired by Partech Partners and Prime Ventures on Mar 03, 2020.

Click here to take a look at TerraPay's acquisition in detail

TerraPay has raised a total funding of $100M over 5 rounds. Its first funding round was on Mar 03, 2020. Its latest funding round was a Conventional Debt round on Jul 15, 2024 for $*****. 4 investors participated in its latest round. TerraPay has 10 institutional investors.

Here is the list of recent funding rounds of TerraPay:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 15, 2024	6814806	Conventional Debt	4639488	1705654	7904630	7525666
Apr 04, 2023	5019615	Conventional Debt	1851182	8256816	7195394	6922847
Apr 04, 2023	2855965	Series B	8112011	8759881	IFC	Prime Ventures & 3 more

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View details of TerraPay's funding rounds and investors

The founders of TerraPay are Ambar Sur, Ram Sundaram and Ani Sane. Ambar Sur is the CEO of TerraPay.

Here are the details of TerraPay's key team members:

Ambar Sur: Co-Founder & CEO of TerraPay. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Ram Sundaram: Co-Founder & COO of TerraPay.
Contact Info: 1 email address
Ani Sane: Co-founder & Chief Business Officer of TerraPay.
Contact Info: 1 email address

View details of TerraPay's Founder profiles and Board Members

TerraPay's employee count trend

TerraPay has 723 employees as of Aug 26. Here is TerraPay's employee count trend over the years:

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Top competitors of TerraPay include Lightnet, Onafriq and TransferTo. Here is the list of Top 10 competitors of TerraPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lightnet 2018, Singapore (Singapore), Series B	Money transfer solution over blockchain networks	$81.2M	UOB, Hanwha & 10 others	69/100
2nd	TerraPay 2014, London (United Kingdom), Acquired	Omnichannel payment solution for cross-border money transfers	$100M	Visa, Prime Ventures & 8 others	67/100
3rd	Onafriq 2003, Tulsa (United States), Series C	Omnichannel payment network for cross-border remittance	$177M	LUN Partners Group, Goodwell Investments ... & 20 others	65/100
4th	TransferTo 2005, San Francisco (United States), Acquired	Global B2B fintech infrastructure enabling seamless payments and digital value transfers	$3M	STC Ventures, Ingenico	51/100
5th	Coala Pay 2021, San Francisco (United States), Seed	Payment infrastructure for cross-border transfers	$3.5M	Castle Island Ventures, Lattice & 2 others	41/100
6th	PAPSS 1993, Masr Al Jadidah (Egypt), Unfunded	Cross-border payment acceptance solution for businesses	-	-	38/100
7th	Settle Network 2019, United States, Seed	Financial network for cross-border payments	$3M	Stellar, Signum Capital & 2 others	37/100
8th	Roxe 2018, New York City (United States), Seed	Cross-border remittance solutions for cryptocurrencies	-	Zero to First	34/100
9th	Jenzy 2005, United Kingdom, Seed	Provider of settlement infrastructure for cross border financial payment transactions	$2.61M	Morgan Stanley, Gaingels & 1 others	34/100
10th	Wameja 1997, Sydney (Australia), Acquired	Network for cross-border transfer settlements	-	Demtech, Herald Investment Management	31/100