About Buckzy Payments

Buckzy Payments provides a real-time cross-border payment network and Banking-as-a-Service platform that enables businesses to launch digital banking solutions quickly. Their technology facilitates instant payouts and multi-currency accounts, addressing the need for efficient and cost-effective international transactions.

```xml <problem> Traditional cross-border payment systems often involve high fees, slow processing times, and a lack of transparency, creating friction for businesses engaged in international transactions. Existing solutions may not offer comprehensive banking services, requiring businesses to manage multiple platforms for different financial needs. </problem> <solution> Buckzy Payments offers a real-time cross-border payment network and Banking-as-a-Service (BaaS) platform designed to streamline international transactions and provide comprehensive digital banking solutions. The platform enables businesses to send and receive payments in multiple currencies with faster settlement times and reduced costs. Buckzy's embedded finance marketplace provides access to a variety of tools and services, including account verification, card issuing and acquiring services, and global liquidity management. By leveraging pre-built composable services and open banking APIs, businesses can build and scale their own digital banking and fintech solutions, delivering an improved customer experience. </solution> <features> - Real-time global payout network for B2B, B2C, and P2P services with instant payouts to bank accounts and third-party wallets - Global payin network to collect receivables from customers, suppliers, and partners in over 40 countries using local alternative schemes and card acquiring - Banking-as-a-Service (BaaS) offering multi-currency accounts, digital ledger, treasury management, global liquidity management, cross-border real-time payments, and FX management - Fintech-as-a-Service (FaaS) leveraging pre-existing composable services to scale digital banking, including open APIs, customer onboarding, account validation, and data analytics - Multi-experience development platform providing a comprehensive set of Open Banking APIs </features> <target_audience> Buckzy Payments targets fintechs, financial institutions, and businesses that require efficient and cost-effective cross-border payment solutions and digital banking services. </target_audience> ```

What does Buckzy Payments do?

Where is Buckzy Payments located?

Buckzy Payments is based in Toronto, Canada.

When was Buckzy Payments founded?

Buckzy Payments was founded in 2018.

How much funding has Buckzy Payments raised?

Buckzy Payments has raised 18810000.

Location

Toronto, Canada

Founded

2018

Funding

18810000

Employees

46 employees

Major Investors

Mistral Venture Partners, Uncorrelated Ventures

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Buckzy Payments

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Executive Summary

buckzy.net 3K+

Crunchbase

Founded 2018 – Toronto, Canada

Funding

Estimated Funding

$10M+

Major Investors

Mistral Venture Partners, Uncorrelated Ventures

Team (40+)

No team information available.

Company Description

Problem

Traditional cross-border payment systems often involve high fees, slow processing times, and a lack of transparency, creating friction for businesses engaged in international transactions. Existing solutions may not offer comprehensive banking services, requiring businesses to manage multiple platforms for different financial needs.

Solution

Buckzy Payments offers a real-time cross-border payment network and Banking-as-a-Service (BaaS) platform designed to streamline international transactions and provide comprehensive digital banking solutions. The platform enables businesses to send and receive payments in multiple currencies with faster settlement times and reduced costs. Buckzy's embedded finance marketplace provides access to a variety of tools and services, including account verification, card issuing and acquiring services, and global liquidity management. By leveraging pre-built composable services and open banking APIs, businesses can build and scale their own digital banking and fintech solutions, delivering an improved customer experience.

Features

Real-time global payout network for B2B, B2C, and P2P services with instant payouts to bank accounts and third-party wallets

Global payin network to collect receivables from customers, suppliers, and partners in over 40 countries using local alternative schemes and card acquiring

Banking-as-a-Service (BaaS) offering multi-currency accounts, digital ledger, treasury management, global liquidity management, cross-border real-time payments, and FX management

Fintech-as-a-Service (FaaS) leveraging pre-existing composable services to scale digital banking, including open APIs, customer onboarding, account validation, and data analytics

Multi-experience development platform providing a comprehensive set of Open Banking APIs

Target Audience

Buckzy Payments targets fintechs, financial institutions, and businesses that require efficient and cost-effective cross-border payment solutions and digital banking services.