Dots offers a unified payouts platform that enables businesses to send instant payments to recipients in over 190 countries via 300+ payment rails, including bank transfers, digital wallets, and stablecoins. The service automates payee onboarding, KYC, tax form collection, and 1099 e‑filing, while providing a REST API, dashboard, CSV uploads, and branded payout links for scalable, secure, and compliant global disbursements.
Funding
$3M 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
Companies that need to pay freelancers, creators, contractors, or marketplace sellers must navigate fragmented payment rails, manual onboarding, tax compliance, and limited global coverage, leading to slow payouts, high operational overhead, and regulatory risk.
Solution
Dots provides a unified payouts platform that lets businesses send money instantly to anyone in over 190 countries using 300+ payment rails, including bank transfers, digital wallets, and stablecoins. The platform automates payee onboarding, KYC, and tax form collection (W‑9/W‑8BEN) and can e‑file 1099s automatically. Payouts can be initiated via a dashboard, CSV upload, API integration, or branded payout links that require no bank details from recipients. Real‑time compliance checks, fraud prevention, and a single API abstract the complexity of multiple providers, enabling scalable, secure, and compliant global disbursements.
Target Audience
Primary customers are marketplaces, gig‑economy platforms, creator and influencer tools, contractor management systems, and SaaS businesses that need to disburse payments to a large, distributed workforce or seller base.
Features
- Global coverage: payouts to 190+ countries, 150+ currencies, and 300+ payment rails (ACH, RTP, PayPal, Venmo, UPI, stablecoins, etc.).
- Unified REST API and SDKs for seamless integration, with webhooks for event‑driven automation.
- Branded payout links that allow recipients to claim funds via email, SMS, or chat without providing bank details.
- Automated onboarding: white‑labeled KYC, identity verification, and tax form collection (W‑9, W‑8BEN, T4A) with IRS TIN validation.
- Built‑in tax compliance: auto‑generation and e‑filing of 1099s/1099‑NEC at year‑end.
- Real‑time fraud and sanctions screening (Dots Control) and SOC 2 Type II security for data protection.
- Flexible payout workflows: one‑off dashboard sends, batch CSV uploads, or fully automated rules for holds, clawbacks, and revenue splits.
- Comprehensive reporting and dashboard with status tracking, webhook notifications, and customizable alerts.