TerraPay Holdings Overview
- Year Founded
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2014
- Status
-
Private
- Employees
-
737
- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$20M
- Investors
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6
TerraPay Holdings General Information
Description
Developer of cross-border mobile payment software designed to offer processing, clearing, and settlement services for mobile wallets. The company's software includes regulatory cover, technical integration, foreign exchange, and mobile-focused remittance services, enabling customers to send money quickly, safely, and affordably.
Contact Information
Website
www.terrapay.comCorporate Office
- Second Floor, 107 Cheapside
- London EC2V 6DN
- England, United Kingdom
Corporate Office
- Second Floor, 107 Cheapside
- London EC2V 6DN
- England, United Kingdom
TerraPay Holdings Timeline
TerraPay Holdings Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Debt - General | 10-Jul-2024 | $20M | Completed | Generating Revenue | ||
| 7. Debt - General | 15-Jul-2024 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 04-Apr-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 04-Oct-2022 | Completed | Generating Revenue | |||
| 4. Debt - General | 23-Feb-2021 | Completed | Generating Revenue | |||
| 3. Buyout/LBO | 03-Mar-2020 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 05-Jun-2019 | $8M | $8M | Completed | Generating Revenue | |
| 1. Corporate | 01-Jan-2015 | Completed | Startup |
TerraPay Holdings Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B1 | ||||||||
| Series B2 | ||||||||
| Series B1 | 1,433,327 | $1.129226 | $18.86 | $18.86 | 1x | $18.86 | 11.41% |
TerraPay Holdings Comparisons
Industry
Financing
Details
TerraPay Holdings Competitors (52)
One of TerraPay Holdings’s 52 competitors is Flutterwave, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Flutterwave | Venture Capital-Backed | San Francisco, CA | ||||
| Razorpay | Venture Capital-Backed | Bangalore, India | ||||
| Skrill | Formerly PE-Backed | London, United Kingdom | ||||
| Cellulant | Venture Capital-Backed | Nairobi, Kenya | ||||
| Remitbee | Accelerator/Incubator Backed | Mississauga, Canada |
TerraPay Holdings Signals
TerraPay Holdings Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| U.S. International Development Finance Corporation | Government | Minority | ||
| Symbiotics (Other Financial Services) | Asset Manager | Minority | ||
| Visa | Corporation | Minority | ||
| Partech | Venture Capital | Minority | ||
| Prime Ventures | Venture Capital | Minority |
TerraPay Holdings Acquisitions (1)
TerraPay Holdings’s most recent deal was a Merger/Acquisition with Pay2Global. The deal was made on 29-Aug-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Pay2Global | 29-Aug-2016 | Merger/Acquisition | Other Financial Services |
TerraPay Holdings FAQs
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When was TerraPay Holdings founded?
TerraPay Holdings was founded in 2014.
-
Where is TerraPay Holdings headquartered?
TerraPay Holdings is headquartered in London, United Kingdom.
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What is the size of TerraPay Holdings?
TerraPay Holdings has 737 total employees.
-
What industry is TerraPay Holdings in?
TerraPay Holdings’s primary industry is Financial Software.
-
Is TerraPay Holdings a private or public company?
TerraPay Holdings is a Private company.
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What is TerraPay Holdings’s current revenue?
The current revenue for TerraPay Holdings is .
-
How much funding has TerraPay Holdings raised over time?
TerraPay Holdings has raised $287M.
-
Who are TerraPay Holdings’s investors?
U.S. International Development Finance Corporation, Symbiotics (Other Financial Services), Visa, Partech, and Prime Ventures are 5 of 6 investors who have invested in TerraPay Holdings.
-
Who are TerraPay Holdings’s competitors?
Flutterwave, Razorpay, Skrill, Cellulant, and Remitbee are some of the 52 competitors of TerraPay Holdings.
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