Cobre, a B2B payments platform in Latin America, and TerraPay, a global money movement company, have announced a collaboration to facilitate international transactions. This partnership aims to scale payment volumes rapidly by enabling companies to send and receive payments seamlessly across borders with faster settlement times, reduced operational complexity, and a compliant infrastructure.
By integrating Cobre’s enterprise payment platform with TerraPay’s extensive global network, businesses can move funds in real-time. This connectivity is designed to help companies access new markets and minimize the common friction associated with cross-border payments.
Jose V. Gedeon, CEO and Co-Founder of Cobre, commented on the collaboration, stating, “Our partnership with TerraPay demonstrates the impact of combining local expertise with a global payments network. Moving millions of dollars in 2025 indicates that companies across the region are seeking faster, safer, and more efficient international payments.”
Hassan Chatila, Vice President, Global Head of Network at TerraPay, added, “Together with Cobre, we have initiated a new phase of faster, transparent, and more reliable cross-border payments across Latin America. By combining our global infrastructure with Cobre’s in-depth understanding of enterprise payment needs, we have supported businesses in their expansion efforts by shifting their focus from payment complexities to growth opportunities.”
This initiative aligns with the shared objective of TerraPay and Cobre to simplify enterprise money management within and beyond Latin America. Through this partnership, Cobre assists businesses in navigating the complexities of international payments, including regulatory compliance, treasury management, technology integration, and settlement processes.
Cobre operates as a platform that develops technology for corporate payments in Latin America. Its solutions, Cobre Connect, Local Payments (for domestic business payments), and Cross Border Payments (for global business payments), all function in real-time and are designed for integration with existing company systems to foster intelligent and interoperable financial ecosystems.
TerraPay specializes in simplifying global money movement, offering a single connection to a broad cross-border payment network that is regulated across multiple markets. Its network supports payments to and from countries worldwide, reaching over 3.7 billion mobile wallets and 7.5 billion bank accounts in more than 150 countries. Headquartered in London, with offices in locations including Bangalore, Dubai, Bogotá, and Singapore, TerraPay is backed by investors such as the IFC (World Bank), Prime Ventures, Partech Africa, and Visa.
