Corefy is a payment orchestration platform that integrates over 1,200 payment providers and supports more than 250 payout methods, enabling online businesses to manage transactions in multiple currencies and languages from a single interface. This solution addresses the complexity of payment processing by streamlining communication and control, allowing businesses to optimize their payment flows and enhance conversion rates.
Funding
$750K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Online businesses face the challenge of integrating and managing multiple payment providers and payout methods, leading to complex payment processing workflows. This complexity can result in inefficiencies, increased operational costs, and reduced conversion rates due to a fragmented payment experience.
Solution
Corefy offers a payment orchestration platform that consolidates over 1,200 payment providers and supports more than 250 payout methods into a single, unified interface. This platform streamlines payment processing by providing a centralized hub for communication, control, and management of online transactions. Corefy enables businesses to optimize their payment flows through intelligent routing and cascading, currency conversion, and reconciliation tools. By simplifying payment management, Corefy helps businesses enhance conversion rates, reduce costs, and expand their global reach.
Target Audience
Corefy primarily targets online businesses and payment institutions, including e-commerce platforms, iGaming operators, forex brokers, and PSPs, that require a comprehensive solution to manage and optimize their payment processing workflows.
Features
- Integration with over 1,200 payment providers and acquirers globally
- Support for 250+ payout methods, including cards, e-wallets, and bank transfers
- Intelligent routing and cascading to optimize transaction success rates and minimize fees
- Currency conversion tools to manage multi-currency payments efficiently
- Real-time analytics and reporting dashboard for monitoring payment performance
- Merchant management portal for managing storefronts and user access
- Reconciliation tools to streamline financial operations
- White-label options for payment gateways and provider solutions
- Compliant with PCI DSS, GDPR, Visa TPA, and Mastercard MRP standards