TerraPay is the world’s first mobile payments switch- a B2B transaction processing, clearing and settlement service for mobile wallets. Their best-in-class technology serves as the interoperability engine that enables their partners' customers to send and receive real-time transactions across diverse payment instruments, platforms and regions.
They believe in the power of the mobile to transform financial inclusion, and are building the digital payment rails to fulfill their vision of being able to send money to any mobile.
TerraPay is a B2B company incubated by Mahindra Comviva, a global leader in delivering mobile financial solutions, itself part of the USD 18 billion Mahindra Group. TerraPay is registered and regulated in several jurisdictions. In the UK, it is regulated by the Financial Conduct Authority (FCA).
About the founders/CEO:
TerraPay was founded in 2015 by Ambar Sur, Ram Sundaram, Aniruddha Sane and Akbar Hussain.
Ambar Sur has over 23 years of experience in telecom and mobile payments. He has been a part of the Mahindra Comviva family for a long time, handling various roles including Chief Marketing Officer, Director EMEA and Vice President Airtel Market Unit.
Ram Sundaram has 29 years of management and consulting experience in a variety of sectors and in-depth experience in payment systems, telecommunications, IT and emerging technologies. He has an intuitive understanding of technology; the ability to visualize products and technologies that will make a difference in the future; managing large and diverse teams; managing change and crises.
Aniruddha Sane studied Business Management & Engineering, Sales, Marketing & Electronics at the University of Mumbai, before working in Strategic Accounts at Diebold India. In 2005, he became the Director of Sales at Fidelity National Information Services, where he worked until moving to Rev India.
Akbar Hussain graduated from McGill University's Faculty of Law, before starting his career as an Associate at Baker & McKenzie in 2006. He then became Counsel at Alsevier, before moving on to becoming VP- Deputy General Counsel at Baharti Airtel International, where he worked for 9 years.