← Embedded Finance Index 2026/Vendor

TerraPay

Provider
FX / PayoutsPSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 9 companies across 2 categories.

terrapay.comAlso analysed as a company — its own stack →
CategoriesFX / Payouts, PSP
Rank#25 of 165 in FX / Payouts
Buyers9 companies
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Who uses TerraPay
9 companies disclose TerraPay in their stack
MagnatiGCashLulu ExchangeBeyon MoneySafaricom M-Pesa AfricaSafaricomTPBankBanque Du CaireAl Ansari Exchange
Buyer mix · 9 of 9 classified
Bank / National · 2Fintech / Cross-border payments · 2Fintech / SMB banking · 2Fintech / Mobile money · 1Fintech / Neobank · 1Infrastructure / Payments · 1
MENA · 4Africa · 3APAC · 2
What the disclosures say
Magnati
Magnati partnered with TerraPay in November 2023 to accept African digital and mobile wallets at UAE payment terminals.
Lulu Exchange
Magnati dWallet partnership via ibsintelligence.com/ibsi-news/lulu-exchange-partners-with-magnati-to-facilitate-dwallet-cards/; TerraPay cross-border partnership via prnewswire.com 2021
Beyon Money
beyon.com press release 2023-02-07 confirms TerraPay partnership for outward remittances from Bahrain; beyonmoney.com/international-transfer and beyonmoneybusiness.com confirm international transfer products
Safaricom M-Pesa Africa
M-PESA Global page explicitly names 'M-PESA Terrapay' for Bangladesh and Pakistan corridors; lists East African and Asian send corridors.
Safaricom
TerraPay is listed by IBS Intelligence as a partner for enhancing cross-border payments with Safaricom — qualifying under attribution rule (b) as the snippet names both Safaricom and TerraPay.
TPBank
Finextra press release (2026-07-21) confirms TPBank selected TerraPay for real-time outbound cross-border payments to 156+ countries using existing SWIFT connectivity.
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent TerraPay? Claim this profile above to unlock your own full list.
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Alternatives to TerraPay

Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Currencycloud79 buyersAirwallex72 buyersNium66 buyersWise Platform58 buyersStripe47 buyersConvera32 buyersVisa Direct24 buyersAdyen21 buyers
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Ranked #25 of 165 in FX / Payouts — Embedded Finance Index 2026
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