Crosspay

About Crosspay

Crosspay is a multi-currency payment platform that facilitates fast, secure cross-border transactions for individuals, businesses, and charities through direct APIs with over 10,000 banks in more than 50 countries. The platform enables users to receive funds as bank credits, mobile money, or cash pickups, addressing the complexities of international money transfers with low fees and quick processing times.

```xml <problem> Traditional cross-border payment systems often involve high fees, slow processing times, and complex procedures, creating friction for individuals, businesses, and charities sending money internationally. Navigating varying regulations and banking infrastructures across different countries adds further complications. </problem> <solution> Crosspay offers a multi-currency payment platform designed to streamline cross-border transactions through direct APIs with a global network of over 10,000 banks in more than 50 countries. The platform facilitates fast and secure international money transfers, enabling users to send and receive funds as bank credits, mobile money, or cash pickups. Crosspay simplifies the complexities of international payments by providing a single API for seamless transactions and multi-currency payouts. </solution> <features> - Direct API integration with over 10,000 banks worldwide - Support for payouts in over 50 countries - Multi-currency payment processing - Options for receiving funds as bank credits, mobile money, or cash pickup - Encryption technology to ensure secure transactions - Modular, integrated payment ecosystems for individuals and businesses </features> <target_audience> Crosspay primarily serves individuals, small to medium-sized enterprises, charities, and financial institutions that require efficient and cost-effective cross-border payment solutions. </target_audience> ```

What does Crosspay do?

Crosspay is a multi-currency payment platform that facilitates fast, secure cross-border transactions for individuals, businesses, and charities through direct APIs with over 10,000 banks in more than 50 countries. The platform enables users to receive funds as bank credits, mobile money, or cash pickups, addressing the complexities of international money transfers with low fees and quick processing times.

Where is Crosspay located?

Crosspay is based in London, United Kingdom.

When was Crosspay founded?

Crosspay was founded in 2015.

How much funding has Crosspay raised?

Crosspay has raised 790000.

Location
London, United Kingdom
Founded
2015
Funding
790000
Employees
33 employees

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Crosspay

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Executive Summary

Crosspay is a multi-currency payment platform that facilitates fast, secure cross-border transactions for individuals, businesses, and charities through direct APIs with over 10,000 banks in more than 50 countries. The platform enables users to receive funds as bank credits, mobile money, or cash pickups, addressing the complexities of international money transfers with low fees and quick processing times.

crosspaygroup.com1K+
cb
Crunchbase
Founded 2015London, United Kingdom

Funding

$

Estimated Funding

$500K+

Team (30+)

No team information available.

Company Description

Problem

Traditional cross-border payment systems often involve high fees, slow processing times, and complex procedures, creating friction for individuals, businesses, and charities sending money internationally. Navigating varying regulations and banking infrastructures across different countries adds further complications.

Solution

Crosspay offers a multi-currency payment platform designed to streamline cross-border transactions through direct APIs with a global network of over 10,000 banks in more than 50 countries. The platform facilitates fast and secure international money transfers, enabling users to send and receive funds as bank credits, mobile money, or cash pickups. Crosspay simplifies the complexities of international payments by providing a single API for seamless transactions and multi-currency payouts.

Features

Direct API integration with over 10,000 banks worldwide

Support for payouts in over 50 countries

Multi-currency payment processing

Options for receiving funds as bank credits, mobile money, or cash pickup

Encryption technology to ensure secure transactions

Modular, integrated payment ecosystems for individuals and businesses

Target Audience

Crosspay primarily serves individuals, small to medium-sized enterprises, charities, and financial institutions that require efficient and cost-effective cross-border payment solutions.

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