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RELEASE: TerraPay appoints Marco Boldini executive vice president and global head of government affairs

(Information sent by the signatory company).

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RELEASE: TerraPay appoints Marco Boldini executive vice president and global head of government affairs

(Information sent by the signatory company)

- TerraPay strengthens its regulatory strategy with the appointment of Marco Boldini as executive vice president and global head of government affairs

LONDON, April 3, 2024 /PRNewswire/ -- TerraPay, a leading global money movement company, proudly announces the appointment of Marco Boldini as Executive Vice President and Global Head of Political, Regulatory and Government Affairs. This strategic addition to TerraPay's senior leadership team underscores TerraPay's commitment to simplifying complex regulatory landscapes and fostering sustainable growth in international markets.

Marco brings more than two decades of exemplary leadership and experience in the financial services sector to his new role at TerraPay. Previously, Marco served as a partner in the Fintech and Financial Services Regulation team at international law firm Orrick, Herrington

At TerraPay, Marco will lead the development and execution of the company's global regulatory strategy, collaborating closely with internal and external stakeholders. He will provide regulatory support to various departments, ensuring compliance with all relevant regulations, guidelines and ethical standards in various jurisdictions, driving operational excellence and strategic growth. Commenting on Marco's appointment, Ambar Sur, Founder and CEO of TerraPay, said: "Marco's deep understanding of the ever-changing regulatory frameworks, coupled with his proven leadership acumen, will be instrumental in shaping the strategy." TerraPay's regulatory compliance, fostering a culture of compliance and integrity throughout our global operations.

Marco Boldini expressed his excitement about joining TerraPay, stating: "I am delighted to embark on this new journey with TerraPay, a pioneering company at the forefront of global payments innovation. I look forward to leveraging my experience to navigate regulatory complexities and drive growth." sustainable, as well as reinforce TerraPay's position as a reliable partner in the international payments ecosystem.

As TerraPay continues to expand its presence and strengthen its industry leadership, Marco Boldini's appointment marks an important milestone in the company's journey toward driving global financial inclusion and empowerment.

For media inquiries please contact: Juveria Samrin, juveria.n@terrapay.com

About TerraPay

TerraPay simplifies the global movement of money, providing a single connection to the largest cross-border payments network regulated in 30 global markets and enabling payments to 144 receiving countries, more than 210 issuing countries, more than 7.5 billion bank accounts and more than 2,100 millions of 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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