TerraPay at Sibos 2025: Swift-to-Wallet Interoperability & Real-Time Inclusion

What happens when you build a “Swift for wallets” and then connect it to the Swift banking ecosystem? At Sibos 2025, Ram Sundaram, Co-founder & COO, TerraPay explains how the company evolved from wallet-to-wallet interoperability to a full-service, licensed platform that connects bank accounts, wallets, and cards across 150+ countries, with senders in 220+ countries. We discuss why banks can start via Swift RMA (no new API integration), the role of real-time rails in reducing costs, and how interoperability unlocks financial inclusion for merchants and consumers who primarily use mobile wallets. Highlights - Origin story: building interoperability for mobile wallets, then scaling into a full-service licensed platform - Today: connecting banks, wallets & cards in 150+ countries; senders in 220+ countries - Swift RMA: banks can use existing Swift flows, no new API required - Inclusion at scale: wallets dominate in parts of Africa & Asia; access to wider financial services via interoperability - Economics: real-time + compliance platform → lower marginal costs, viable cross-border micro-transactions - Human impact: the $13m UAE→Tanzania story and why payments can be transformative If this was useful, like, subscribe, and hit the bell 🔔 for more executive interviews from Sibos, Money20/20 and beyond. #Sibos2025 #FinancialIT #TerraPay #Swift #Interoperability #RealTimePayments #CrossBorderPayments #Wallets #FinancialInclusion #APIs #RMA #BankingTech #Fintech #Treasury #PaymentsInnovation