STATEMENT: TerraPay appoints Hassan Chatila vice president and global network director

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- TerraPay continues to attract the best talent in the sector and appoints Hassan Chatila vice president and global head of Network

LONDON, May 6, 2024 /PRNewswire/ -- TerraPay, the world's leading money movement company, is pleased to announce the appointment of Hassan Chatila as Vice President and Global Head of Network.

This key addition to TerraPay's global network leadership also marks a critical step in the company's ongoing strategy to simplify and streamline global money movement for businesses and individuals alike, underscoring its commitment to enhancing its grid.

With more than 20 years of experience in cross-border payments, Hassan brings a rich legacy of leadership and innovation. Prior to joining TerraPay, he served as Global Head of the Western Union Bill Payments Network, where he played a key role in expanding and optimizing the network to support seamless global transactions. His impressive career path also includes key leadership positions at Earthport and Temenos, where he led major payments transformation initiatives and drove substantial growth.

In this new role at TerraPay, Hassan will lead the expansion and optimization of TerraPay's global payments network. He will work closely with internal and external stakeholders to enhance network capabilities, ensuring TerraPay continues to offer its partners transparent and efficient payment solutions.

Welcoming Hassan to the team, Ambar Sur, Founder and CEO of TerraPay, stated: "It is a great pleasure for me to welcome Hassan on board. As an industry expert, he comes with a great reputation in cross-border payments. and deep leadership experience. In TerraPay's growth path, Hassan's appointment is a critical step in advancing our network expansion goals. I look forward to working together and further deepening TerraPay's position as a global leader. in the movement of money.

Commenting on his new role, Hassan Chatila, Vice President of Global Network Affairs at TerraPay, said: "I am delighted to join TerraPay at this crucial time. Over the years, TerraPay has built a global money movement network powered by mission to build a world of borderless payments. I look forward to leveraging my experience to further develop our network capabilities, create new opportunities across markets and help TerraPay achieve its ambitious goals."

For media inquiries contact juveria.n@terrapay.com

About TerraPay

TerraPay simplifies the movement of money around the world, providing a single connection to the largest cross-border payments network, regulated in 31 global markets and enabling payments to 144 receiving countries, more than 210 issuing countries, more than 7.5 billion bank accounts and more than 2.1 billion mobile wallets. TerraPay is on a mission to connect a borderless financial world, making the movement of money anywhere instant, reliable, transparent and fully compliant. TerraPay pushes the boundaries of global businesses – from banks, fintech companies 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, 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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