TerraPay appoints Ricardo Madronero as Regional Manager, LATAM Region.
14th April, 2021 | TerraPay | Newsroom

With this strategic appointment, TerraPay forays into the Latin American sub-continent.

In a strategic move to proliferate into the cross border money transfers and remittance business in the LATAM region, TerraPay, a global payments infrastructure company, today announced the appointment of Ricardo Madronero as Regional Manager for Latin America. In his current role, Ricardo will be responsible for managing TerraPay’s business in the LATAM region.

TerraPay is a leader in providing seamless and secure cross-border real-time payments and remittance services through digital interoperability, across diverse financial instruments such as mobile wallets and bank accounts.

With Ricardo’s rich and diverse experience in the industry, his role would be to establish initial agreements with Electronic Money Transfer agencies, traditional Banks, Fintechs, Crowdfunding companies, Payment gateways, and general digital Financial Services companies to boost financial inclusion along the LATAM region. He would play an integral role in the future expansion of the company into the region.

Ricardo brings with him more than 25 years of relevant experience in the industry, having served in companies such as Orga Systems as Regional Sales Director, Andean Region; a member in the Board of Directors at Bloom Crowdfunding; Mahindra Comviva as Unit Head, Andina Region; Comverse and Lucent Technologies. He brings to the table a rich and seasoned flavour across domains such as Pre-sales, Business Development, Marketing, Wireless Technologies and Telecommunications businesses.

With this appointment, TerraPay strengthens its footprint into the Latin American region. The Company will continue facilitating cross border remittances and speedy money transfers to senders and receivers (partners and their customers) from key corridors around the globe. TerraPay’s objective is to build global digital payment highways that interconnect financial institutions such as Banks and Mobile Wallets across the world, nurturing inclusivity, independence and empowerment amongst all in the global ecosystem.

Welcoming Ricardo to TerraPay, Ani Sane, Co-founder and Chief Business Officer, TerraPay commented, “We are pleased to welcome Ricardo in our team and look forward to his rich knowledge and expertise in running businesses in the Latin America region. I believe Ricardo will bring in a newer growth approach, bring forth valuable insights to the table, and strengthen strategic liaisons. We are certain that his leading edge approach will enable TerraPay in charting new waves in the domain of digital payments, across markets in Latin America. I wish him all the very best.”

“I’m very excited to be a part of the TerraPay team, a formidable business with a strong visionary outlook. As Regional Manager in the company, my objective will be to establish and strengthen TerraPay’s business in the LATAM region. I am looking forward to contributing meaningfully to TerraPay’s journey in their quest towards achieving greater heights of success” said Ricardo Madronero, Regional Manager, LATAM Region, TerraPay.

About TerraPay

TerraPay is a licensed digital payments infrastructure and solutions provider, paving the global payments highway. The company’s robust foundation and innovative platform technology serve as the digital interoperability engine enabling customers and businesses globally to send and receive payments on a secure, transparent, efficient, and real-time basis. The agile network supports diverse payment instruments and types of payments while adhering to complex regulations and compliance standards in different markets.

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