Breaking News
Cobre and TerraPay Partner to Provide Businesses Globally with Seamless Cross Border Payments
Cobre, the leading B2B payments platform in Latin America, and TerraPay, a leader in simplifying global money movement, have come together to facilitate international transactions, expecting volumes to scale rapidly.
This collaboration enables companies to send and receive payments seamlessly across borders, with faster settlement times, lower operational complexity, and a fully compliant infrastructure. By connecting Cobre’s advanced enterprise payment platform with TerraPay’s large global network, businesses can move funds in real time, reach new markets, and reduce the friction traditionally associated with cross-border payments.
“Our partnership with TerraPay proves the impact of combining local expertise with a global payments network,” said Jose V. Gedeon, CEO & Co-Founder of Cobre. “Moving millions of dollars in 2025 shows that companies across the region are demanding faster, safer, and more efficient international payments.”
Hassan Chatila, Vice President, Global Head of Network at TerraPay said: “Together with Cobre, we have unlocked a new era of faster, transparent and more reliable cross-border payments across Latin America. By combining our global infrastructure with Cobre’s deep understanding of enterprise payment needs, we’ve been able to help businesses expand by focusing on growth rather than payment complexities.”
This milestone reinforces TerraPay and Cobre’s combined mission to simplify how enterprises manage money in Latin America and beyond. By partnering with TerraPay, Cobre helps businesses overcome the complexity of sending and receiving cross-border payments, from regulatory compliance and treasury management to technology and settlement.
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