Cobre, one of Latin America’s leading B2B payments platforms, has entered into a partnership with TerraPay, a global company that focuses on making cross-border money movement simpler and more efficient. Together, the two aim to expand international payment flows across the Latin America (LATAM) region. They expect transaction volumes to rise sharply in the coming months.
The partnership between TerraPay and Cobre gives businesses a faster and more efficient way to move money across borders. It helps cut delays, lowers administrative hurdles, and makes cross-border transactions far easier to manage. Connecting Cobre’s enterprise payment system with TerraPay’s worldwide network enables faster settlements, real-time fund transfers, and simpler access to new markets. The setup also helps speed up settlements, lower operational barriers, and stay fully compliant with financial regulations, reducing many of the delays that used to come with international transactions.
“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, added: “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 reflects the shared commitment of TerraPay and Cobre to simplify enterprise financial operations throughout Latin America and beyond. By leveraging TerraPay’s reach and infrastructure, Cobre enables businesses to navigate the challenges of cross-border transactions, from regulatory compliance and treasury management to technological integration and settlement , with greater ease and efficiency.