Fabrick Partners with TerraPay to Revolutionize Cross-Border Payments in Europe

Fabrick, an Open Finance leader, has teamed up with TerraPay, a global money movement specialist, to enhance cross-border payments across Europe, starting in Italy. This partnership offers businesses a unified platform to simplify payment processes, cut operational costs, and ensure regulatory compliance.

Building on its presence in Italy, Spain, and the UK, Fabrick aims to solidify its position in Europe’s digital payments landscape. TerraPay’s network spans 145 countries, 7.5 billion bank accounts, and 12 billion cards, while Fabrick’s Banking-as-a-Service model offers seamless integration for businesses. Together, they are streamlining payments, boosting security, and elevating customer experiences.

TerraPay’s global infrastructure and AML expertise complement Fabrick’s knowledge of EU compliance standards, allowing both to navigate complex regulations effectively. As part of the collaboration, TerraPay will join Fintech District, Fabrick’s fintech ecosystem aggregator, to foster innovation and expand its European reach.

Fabrick’s CEO, Paolo Zaccardi, highlighted the partnership as a key step in the company’s international growth, enabling efficient and secure cross-border payments. TerraPay’s Co-Founder, Ani Sane, emphasized that the collaboration enhances their ability to serve Italian and European enterprises by simplifying global payment complexities.