Cyclops provides a single API and dashboard that enable payment service providers and merchant acquirers to add cryptocurrency and stablecoin acceptance, settlement, and reconciliation without building blockchain infrastructure. The platform handles onboarding, compliance (KYC/AML), multi‑asset routing, and real‑time reporting, supporting high‑volume digital‑asset transactions for existing payment ecosystems.
Funding
Funding not disclosed
Founders
Product
Problem
Payment processors face fragmented and complex integration challenges when adding cryptocurrency and stablecoin support, including cumbersome onboarding, manual reconciliation, and the need to build and maintain blockchain infrastructure. These obstacles hinder rapid adoption and increase compliance risk for merchants seeking digital asset payments.
Solution
Cyclops offers a unified, compliance‑focused platform that lets payment service providers and merchant acquirers add crypto and stablecoin capabilities through a single API and dashboard. The solution abstracts blockchain interactions, handling onboarding, transaction processing, settlement, and multi‑asset reconciliation across global markets. Built exclusively for payments companies, Cyclops provides end‑to‑end digital‑asset workflows that are ready for large‑scale merchant volumes while meeting regulatory requirements. Merchants can accept crypto, settle in stablecoins, and access real‑time reporting without developing their own blockchain stack. The platform’s architecture supports billions in transaction volume and integrates with existing payment infrastructures via standard APIs.
Target Audience
Primary customers are payment service providers, merchant acquirers, and fintech platforms that need to offer crypto and stablecoin payment options to their merchant base.
Features
- Single API and web dashboard that consolidate crypto onboarding, transaction routing, and settlement for multiple assets
- Automated reconciliation engine that matches on‑chain events with internal ledgers, reducing manual effort and error
- Built‑in compliance modules covering KYC, AML, and jurisdictional regulations for stablecoin and crypto transactions
- Multi‑asset support for major cryptocurrencies and stablecoins, with dynamic pricing and conversion tools
- Scalable infrastructure designed for high‑throughput processing of billions in digital‑asset volume
- Seamless integration hooks for existing payment processors, PSPs, and merchant acquiring platforms