Payoro is a PSD2-compliant account servicing platform that facilitates rapid account creation and real-time money transfers across the EU. By enabling seamless integration with banks, it addresses the need for efficient, borderless banking solutions without monthly fees.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional banking solutions often involve slow account creation processes and delays in money transfers, especially for cross-border transactions within the EU. Merchants and individuals also face challenges in managing both fiat and cryptocurrency funds within a single platform, hindering efficient financial operations.
Solution
Payoro offers a PSD2-compliant platform designed to streamline account creation and facilitate real-time money transfers across the EU. The platform provides broad e-ID support for rapid account opening and enables users to manage both fiat and crypto funds from a single application. Payoro Connect, a key component of the platform, allows merchants to move money efficiently, deliver funds to customers and suppliers quickly, and operate in all countries supporting IBAN. By connecting consumers with financial institutions, Payoro simplifies banking relationships and makes borderless banking a reality.
Target Audience
Payoro targets merchants seeking efficient cross-border payment solutions, individuals looking for a unified platform to manage fiat and crypto, and businesses in industries such as crypto, payroll, iGaming, and marketplaces.
Features
- Lightning-fast account opening with broad e-ID support
- Real-time money transfers, 24/7, 365 days a year
- Management of both fiat and crypto funds from the same app
- Payoro Connect platform for efficient money movement and fast payouts
- API integration for seamless connection with existing systems
- 99% acceptance rate across all verticals
- 24/7 customer support
- Operates in all countries supporting IBAN