MaritimePay provides a global payment platform built specifically for vessel operations, enabling ship managers to handle crew payroll, supplier disbursements, and FX across 130+ currencies from a single dashboard. Every payment is pre-screened against vessel ownership, counterparty, and sanctions data to reduce banking rejections and ensure compliance across multi-jurisdictional regimes. The platform offers transparent FX pricing with no hidden spreads, giving finance teams predictable costs and full fleet-level visibility.
Funding
Funding not disclosed
Founders
Product
Problem
Maritime payments are becoming increasingly difficult to execute reliably due to rising sanctions exposure, multi-jurisdiction banking complexity, and fragmented workflows. Generic payment providers cannot assess vessel-level risk, leading to delayed or rejected payments that disrupt port calls and strain supplier relationships. Hidden FX costs from correspondent banking further complicate cost forecasting for finance teams.
Solution
MaritimePay provides a unified payment platform designed around vessel operations, combining compliance intelligence with transparent FX execution. Every payment is screened before execution against vessel ownership, counterparty, and sanctions data, reducing banking rejections and protecting operational continuity. The platform supports crew payroll, supplier and port disbursements, and FX management across 130+ currencies with real-time pricing and no hidden spreads. Ship managers access a single dashboard for fleet-level payment control, batch payroll processing, and automated reconciliation, with a dedicated Tier-1 safeguarded bank account included on approval.
Target Audience
Primary customers are ship managers, crewing agencies, and maritime finance teams responsible for crew payroll, supplier settlements, and port disbursements across international fleets.
Features
- Pre-execution compliance screening against vessel ownership, counterparty, and sanctions watchlists
- Continuous transaction monitoring and counterparty verification embedded in every payment workflow
- Batch crew payroll processing with automated reconciliation and per-transaction tracking
- Real-time FX pricing across 130+ currencies with fully disclosed margins and no hidden deductions
- Centralized fleet-level disbursement control for port agent and supplier payments
- Upcoming multi-currency digital wallets for seafarers, targeting up to 80% reduction in onboard cash and simplified Cash-to-Master workflows