PayAmigo offers a unified payments platform that aggregates over 50 regional payment methods into a single API/SDK, enabling cross‑border eCommerce merchants to accept local payments, settle in any G10 currency, and automate treasury and tax compliance for LATAM, Africa, and the Middle East. The solution includes real‑time analytics, recurring‑billing tools, and four integration models (Direct API, Hosted Paywall, Deep Linking, Reverse API) to fit varying development needs.
Funding
$8.6M 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
Cross‑border eCommerce merchants targeting LATAM, Africa, and the Middle East often encounter fragmented local payment ecosystems, regulatory hurdles, and costly currency conversion, which depress conversion rates and increase operational overhead. These merchants must integrate multiple legacy payment rails, manage disparate tax obligations, and reconcile settlements across different banking networks, creating a barrier to scaling in emerging markets.
Solution
PayAmigo delivers a fully localized payments platform that aggregates the most popular regional payment methods into a single, API‑driven stack. The service handles end‑to‑end transaction processing, including local settlement, treasury management, and tax payment compliance, while allowing merchants to receive funds in any G10 currency. By offering four integration models—Direct API, Hosted Paywall, Deep Linking, and Reverse API—PayAmigo lets merchants choose the level of UI control and development effort that fits their product roadmap. Real‑time reporting, customizable dashboards, and recurring‑billing tools provide actionable insights and streamline subscription revenue. The platform’s cross‑border remittance engine minimizes transfer fees and latency, enabling faster cash flow and lower total cost of ownership for merchants expanding into emerging markets.
Target Audience
The primary customers are cross‑border eCommerce merchants, online marketplaces, and SaaS platforms that sell digital or physical goods to consumers in LATAM, Africa, and the Middle East and require a single solution for local payments, tax compliance, and multi‑currency settlement.
Features
- Unified access to over 50 regional payment methods (e‑wallets, bank transfers, cash‑based vouchers) via a single SDK/API
- Multi‑currency settlement engine supporting receipt in any G10 fiat with automatic FX conversion and transparent fee structures
- Integrated treasury and tax‑payment services that automate local compliance, VAT/GST filing, and regulatory reporting
- Four integration options: Direct API for full UI control, Hosted Paywall with built‑in optimization, Deep Linking for seamless checkout handoff, and Reverse API requiring minimal code changes
- Real‑time analytics suite with customizable dashboards, net‑to‑gross reconciliation, and subscription lifecycle management
- Recurring billing and flexible billing periods supporting subscription models, installment plans, and usage‑based pricing
- PCI‑DSS and GDPR‑compliant security framework with tokenized card data and end‑to‑end encryption