Friday
April 7
2023

Fintech TerraPay Secures $100 Million via Series B to Expand Payments Infrastructure

By Omar Faridi

TerraPay, a global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing.

The investment round was “led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other investors.”

Source: Crowdfund Insider (link opens in a new window)

Categories
Finance
Tags
financial inclusion, fintech, global development, infrastructure, mobile finance, remittances