Private Banking|Professional Solutions|Investment Management|Investment Banking|About us
  • Solutions
  • Sectors
  • Careers
April 2023
Financial Adviser
>USD 100 million
Series B funding round


Financial Adviser

Van Lanschot Kempen Investment Banking acted as financial adviser to TerraPay in its $100m+ Series B funding round

Transaction highlights

  • TerraPay, a leading global B2B payments infrastructure company, has successfully closed its $100m+ Series B funding round by raising a combination of equity and debt financing
  • The funding round was led by IFC and supported by Prime Ventures, Partech, U.S. International Development Finance Corporation (DFC), and a consortium of other investors
  • The funding will boost TerraPay’s global expansion plans, especially across Latin America and MENA regions, strengthen its existing pay-out network to 150 countries by 2024, support and accelerate its growth, and invest in the marketing and adoption of alternate payment methods for mobile wallets, like Request-to-Pay – an interoperable mobile wallet solution, at a larger scale
  • Van Lanschot Kempen’s Tech & FinTech team acted as financial adviser to TerraPay in the Series B funding round
  • Previously, Van Lanschot Kempen’s Tech & FinTech team also acted as financial adviser to TerraPay in its sale to an international investor consortium, and subsequent Series A funding round

About TerraPay

  • TerraPay is a leading global B2B payments infrastructure company
  • Its secure and compliant payments highway for both pay-ins and pay-outs enables real-time domestic and cross-border payments of small and large values. “The smallest payment deserves a borderless journey as safe as the largest”
  • By providing its partners with access to an extensive network of 7.5bn+ bank accounts, 2.1bn+ mobile wallets, across 108 receive countries and 205 send countries with 62 settlement currencies, TerraPay empowers global financial inclusion
  • TerraPay is trusted partner to a wide range of money transfer operators, mobile wallets, banks, merchants and other fintech companies, including renowned players like bKash, Moneygram, MTN, Network International, Sendwave, UBA, Visa, Western Union and Wise
  • The company is registered and regulated across 27 global markets
  • TerraPay is headquartered in the UK and backed by renowned investors including Visa, Prime Ventures, Partech, IFC and a broader international investor consortium

Lennart den Blanken Van Lanschot Kempen

Lennart den Blanken

Managing Director Tech & FinTech

Willem Sieben

Director Tech & FinTech

Fully focused on your future

Private Banking
  • Offices
  • Entrepreneurs
  • Healthcare
  • Executives
  • Business professionals
  • Wealth management
  • Conditions
  • Private Banking - Belgium
  • Private Banking - Switzerland

Professional Solutions
Investment Management
Investment Banking

© Van Lanschot Kempen NV 2024About usSecurity and fraud awarenessPrivacy & cookiesDisclaimer