Paywhere offers a programmable banking platform that layers real‑time, RESTful APIs over existing legacy core systems, enabling banks and credit unions to provide API‑driven payments, account data, and transaction management to corporate clients. The solution supports stablecoin transactions, AI‑ready workflow automation, and includes built‑in compliance, fraud detection, and low‑code SDKs for rapid development without replacing core infrastructure.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional banking systems rely on legacy core platforms that process transactions in batches and lack the ability to interact programmatically with corporate clients, stablecoins, or AI-driven financial workflows. This limits banks’ and credit unions’ ability to retain commercial customers who demand real-time, API-based services.
Solution
Paywhere provides a programmable banking platform that sits on top of existing core systems and exposes modern, real-time APIs for payments, account data, and transaction management. The platform enables financial institutions to integrate directly with corporate clients’ ERP and treasury systems, support stablecoin transactions, and prepare for AI-driven automation of financial workflows. By abstracting the core’s complexity, Paywhere allows banks and credit unions to launch new digital services quickly without costly core replacements. The solution includes built‑in compliance, security, and monitoring tools to meet regulatory requirements while delivering a seamless developer experience.
Target Audience
Primary customers are banks and credit unions seeking to modernize their service offerings and retain corporate clients through programmable, API‑driven banking solutions.
Features
- Real-time, RESTful APIs for payments, balances, and transaction history that integrate with corporate ERP and treasury platforms
- Stablecoin support and programmable money capabilities aligned with emerging regulatory frameworks
- AI‑ready architecture that enables automated workflow orchestration and intelligent transaction routing
- Low‑code SDKs and sandbox environment for rapid development, testing, and deployment of new services
- Embedded compliance, fraud detection, and audit logging to satisfy banking regulations
- Scalable cloud infrastructure that operates alongside legacy core systems, avoiding full core replacement