The global money transfer company TerraPay is happy to announce that Ruben Salazar Genovez, who was most recently the Global Head of Visa Direct, has been named President.

Mr. Salazar Genovez is a well-respected leader in the payments business, having worked with Visa, Citibank, Barclays, and Mastercard as a seasoned veteran of the field. Before coming to TerraPay, he was the Head of Visa Direct worldwide, effectively leading a number of projects that helped Visa’s money movement product expand and change.

In his capacity as President of TerraPay, Mr. Salazar Genovez will be in charge of formulating the business’s long-term plans for international growth as well as building its non-card network and payments infrastructure. Utilizing his extensive knowledge of the payments industry, he will spearhead the adoption of creative tactics to solidify TerraPay’s standing as a major participant in non-traditional payments and cross-border money transfers.

President of TerraPay Ruben Salazar Genovez stated: It was a true honor to join TerraPay as President during such an exciting time in its journey. Cross-border payments could be revolutionized by TerraPay, and I’m thrilled to help write the next chapter in its success story. He was convinced that we could quicken our global expansion and create fresh, creative solutions that will influence the direction of the payments industry now that we had a solid basis in place.

The Board of Directors of TerraPay is optimistic that Mr. Salazar Genovez’s broad experience and astute strategic insights will play a pivotal role in propelling the organization’s expansion and broadening its worldwide reach. His hiring is a testament to TerraPay’s resolve to draw in elite personnel to support its audacious goals for international growth.

Ruben Salazar is an exceptional addition to our leadership team, and we are thrilled to welcome him as President of TerraPay, stated Ambar Sur, the company’s founder and chief executive officer. His in-depth understanding of the payments sector and track record of fostering global expansion will be extremely helpful as we go forward with our global expansion. We have faith that TerraPay will keep changing with the needs of its customers and reshaping the payments and money movement industry under Ruben’s direction.

Rueben’s servant leadership approach and client-centric viewpoint, according to Ani Sane, co-founder and chief business officer of TerraPay, will help us speed our commercial activities and strategic collaborations, deepening our presence in the market. We are happy to have Ruben join the TerraPay team.

With a single connection to the largest cross-border payments network regulated in 30 worldwide markets, TerraPay makes it easier to move money everywhere by enabling payments to more than 140 receive countries, 210 send countries, 7.5 billion bank accounts, and 2.1 billion mobile wallets. With the goal of establishing a seamless financial network, TerraPay aims to make money transfers instantaneous, dependable, transparent, and completely compliant. In addition to advancing financial inclusion in even the most remote markets, TerraPay pushes the envelope for multinational companies such as banks, fintechs, money-transfer companies, travel agencies, and e-commerce marketplaces. TerraPay was established in 2014 and has its headquarters in London. It also has offices throughout the world in Bangalore, Dubai, Miami, Bogota, Dar es Salaam, Kampala, Hague, Dakar, Johannesburg, Nairobi, Milan, and Singapore. With funding from prominent investors such as the World Bank’s IFC, Prime Ventures, Partech Africa, and Visa, TerraPay is growing quickly.