STATEMENT: TerraPay appoints Rubén Salazar Genovez, former director of Visa Direct, president

(Information sent by the signatory company).

STATEMENT: TerraPay appoints Rubén Salazar Genovez, former director of Visa Direct, president

(Information sent by the signatory company)

LONDON, Feb. 20, 2024 /PRNewswire/ -- TerraPay, a global money movement company, is pleased to announce the appointment of Rubén Salazar Genovez, most recently Global Head of Visa Direct, as President.

As a payments industry veteran with experience at Visa, Citibank, Barclays and Mastercard, Salazar Genovez has established himself as a respected leader in the payments industry. Prior to joining TerraPay, he served as global director of Visa Direct, where he successfully spearheaded several initiatives that contributed to the growth and transformation of Visa's money movement offering.

As President of TerraPay, Salazar Genovez will be responsible for defining the company's strategic vision for global expansion and development of its cardless payments infrastructure and network capabilities. Leveraging his deep experience in the payments sector, he will drive the implementation of innovative strategies to further strengthen TerraPay's position as a leading player in the movement of cross-border money and non-traditional payments.

Rubén Salazar Genovez, President of TerraPay, said: "I am truly honored to join TerraPay as President during such an exciting phase of its journey. TerraPay has already demonstrated its ability to revolutionize cross-border payments and I am excited to contribute to the next chapter of "With a solid foundation, I am confident that we can accelerate our global expansion and develop new and innovative solutions that will shape the future of the payments landscape."

TerraPay's board of directors is confident that Salazar Genovez's extensive experience and strategic insights will be instrumental in driving the company's growth and expanding its global presence. His appointment reflects TerraPay's commitment to attracting top talent to drive its ambitious global expansion plans.

Ámbar Sur, Founder and CEO of TerraPay, said: "Rubén Salazar is an exceptional addition to our leadership team and we are delighted to welcome him as President of TerraPay. His deep knowledge of the payments industry, coupled with his proven track record "Our record of driving global growth will be invaluable as we continue to expand our presence around the world. We are confident that under Rubén's leadership, TerraPay will continue to revolutionize the payments and money movement landscape and meet the changing demands of customers."

Ani Sane, co-founder and chief commercial officer of TerraPay, said: "Ruben's servant leadership approach and customer-centric perspective will help us accelerate our commercial efforts and strategic partnerships, deepening our market share. We are delighted to give him welcome Rubén to the TerraPay family."

About TerraPay:

TerraPay simplifies the movement of money everywhere: providing a single connection to the largest cross-border payments network regulated in 30 global markets and enabling payments to 140+ receiving countries, 210+ issuing countries, 7.5 billion+ bank accounts and more than 2.1 billion mobile wallets. TerraPay is on a mission to connect a borderless financial world, making moving money everywhere instant, reliable, transparent and fully compliant. TerraPay pushes the boundaries of global businesses, from banks, fintechs and money transfer operators to travel companies, creative economy platforms and e-commerce marketplaces, while driving financial inclusion in even the most inaccessible markets. Founded in 2014, TerraPay is headquartered in London with global offices in Bengaluru, Dubai, Miami, Bogota, Dar es Salaam, Kampala, The Hague, Dakar, Joburg, Nairobi, Milan and Singapore and is expanding rapidly, having received funding from leading investors including IFC (the World Bank), Prime Ventures, Partech Africa and Visa.

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