This article details 10 new cross-border or international payment solutions. The companies featured in this article leverage blockchain, AI-driven fraud detection, and real-time payment processing to speed up cross-border payments. These technologies make transactions faster, more secure, and cost-effective. Emerging fintechs also offer solutions to tackle issues related to regulatory compliance, currency exchange fluctuations, and cybersecurity. We updated this report 5 days ago. Missing information? Contact us to add your insights.
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging International Payment Companies
- How to Scout Top International Payment Solutions Easily
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of international payments. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Current International Payment Trends: The current cross-border payment trends include platform as a service (PaaS), digital wallets, blockchain, cryptocurrencies, QR code payments, and real-time settlements.
- International Payment Market Stats: The sector comprises 12.2K+ organizations worldwide. Out of these, 2.8K+ new cross-border payment companies were founded in the last five years, with 2020 as the average founding year. On average, each of these companies employs about 65 people. Moreover, the average funding received by these 2.8K+ cross-border payment companies per round in the same span is USD 25.3 million.
- 10 New Cross-Border Companies to Watch:
- Xflow Payments – No-Code Solutions for Global Payments
- NOAH – Blockchain-based Payment Rails
- Fipto – Blockchain Rails
- Atatfa – Web3-powered Cross-Border Payments
- Pouch – Lightning Network Payments
- Roxe – Private Blockchain Technology
- Arf – Liquidity and Settlement Platform
- Payrails – Payment Operating System
- Nilos – Crypto Payment Platform
- Finmo – Treasury Operating System
Discover 10 out of 2.8K+ Emerging Cross-Border Payment Companies
In this section, we highlight 10 top international payment companies that enhance international transactions. Their solutions address the complexities of global commerce and growing market demands. By using technologies such as decentralized finance (DeFi), biometric authentication, or machine learning-driven risk management, these solutions advance the financial industry.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Xflow Payments
- Founding Year: 2021
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: Xflow Payments provides a suite of APIs and no-code solutions for businesses and independent professionals to collect international payments. The company’s solution, Xflow Receiving Account, functions as a virtual foreign currency account and allows for convenient, compliant, and cost-effective local bank transfers. Xflow for Platforms offers international payment infrastructure for platforms through APIs to simplify cross-border transactions while ensuring compliance, fast settlements, and monetization opportunities. The company also provides a dashboard to track and manage international invoices and payments to increase transparency and reliability.
2. NOAH
- Founding Year: 2020
- Employee Range: 11-50
- Location: UK
- Signal Strength: Very Strong
- What they do: NOAH develops a platform leveraging payment rails and blockchain. It optimizes B2B payments, currency conversion, and foreign exchange (FX) margins via a global banking network. The company offers compliance and security with advanced anti-money laundering (AML) and transaction monitoring systems to improve asset protection. The platform also integrates on-ramp and off-ramp capabilities to accelerate cross-border transactions and streamline treasury operations with its virtual international bank account number (IBAN) process.
3. Fipto
- Founding Year: 2022
- Employee Range: 11-50
- Location: France
- Signal Strength: Very Strong
- What they do: Fipto offers a secure and transparent payment and cash management platform using blockchain rails. It enables global payments and settlements in both traditional and digital currencies. Fipto’s multi-currency accounts facilitate cross-border transactions without intermediaries, processing fees, or delays. Its digital asset wallet allows businesses to manage and invest in fiat and digital currencies while remaining compliant. Its security measures include multi-party computation wallets and role-based access control to safeguard funds. The platform supports treasury management, B2B payments, and cash repatriation to ensure efficient liquidity flow.
4. Atatfa
- Founding Year: 2023
- Employee Range: 2-10
- Location: Ghana
- Signal Strength: Medium Strong
- What they do: Atatfa leverages blockchain rails for international transactions to ensure security, transparency, and reduced transaction time and costs. The company integrates a Web3 marketplace, decentralized financial (DeFi), and traditional financial (TradFi). Its non-fungible token (NFT) wallet store manages and trades digital assets as well as uses multi-party computation (MPC) wallets to increase transaction security and privacy. The platform supports various payment methods by providing low-cost transactions locally and globally.
5. Pouch
- Founding Year: 2021
- Employee Range: 2-10
- Location: Philippines
- Signal Strength: Medium Strong
- What they do: Pouch enables merchants to accept Bitcoin payments via the Lightning network without exchange rate volatility. The company also supports traditional local payment methods, including InstaPay and QR-Ph. Automatic settlements into preferred bank accounts further ensure integration without changing banks. In addition, it supports payments with Bolt Cards and accepts payments from global eWallets.
6. Roxe
- Founding Year: 2019
- Employee Range: 51-100
- Location: USA
- Signal Strength: Very Strong
- What they do: Roxe provides an advanced payment network platform, Roxe Instant Settlement Network (RISN), that enables instant, low-cost, and real-time cross-border payments in multiple currencies. The platform eliminates the need for nostro-vostro accounts, frees up capital, and reduces expenses for banks and financial institutions. The company’s Roxe Pay empowers merchants with tools to sell and track sales and offers features such as QR code payments and eGiftCard creation without intermediaries. Roxe One platform provides a cloud-based platform for managing dine-in, online, and delivery services, including contactless payments and restaurant inventory management.
7. Arf
- Founding Year: 2019
- Employee Range: 11-50
- Location: Switzerland
- Signal Strength: Very Strong
- What they do: Arf develops a regulated and transparent liquidity solution, Arf Liquidity. The solution offers short-term, receivable-backed, revolving liquidity for real-time money transfers without pre-funding. This allows businesses to access liquidity in any required corridor, manage global treasury, and settle transactions instantly. It utilizes on-chain stablecoin transactions to increase transparency and traceability of loans, repayments, and receivables.
8. Payrails
- Founding Year: 2021
- Employee Range: 51-100
- Location: Germany
- Signal Strength: Very Strong
- What they do: Payrails provides a payment infrastructure for high-growth businesses to accept payments globally and automate financial operations. The company’s platform leverages dynamic payment routing to increase authorization rates and reduce costs. It supports diverse payment methods, including loyalty points, credits, and wallet balances while providing end-to-end traceability with scalable ledgers. Features like automated tracking, managing, and reconciling money movements streamline financial operations. Further, the platform features tools like anomaly detection, automated reconciliation, and customizable software development kits (SDKs).
9. Nilos
- Founding Year: 2021
- Employee Range: 11-50
- Location: Israel
- Signal Strength: Very Strong
- What they do: Nilos offers a digital payment platform for businesses to collect, exchange, and pay in various currencies and digital assets. The platform enables real-time cross-border money transfers by utilizing a network of payment and liquidity partners across countries. Nilos also provides a business account that supports multiple currencies, crypto wallets, and virtual IBANs to centralize and streamline financial operations. The platform ensures compliance with AML and regulatory standards through algorithmic functions and multi-factor authentication.
10. Finmo
- Founding Year: 2021
- Employee Range: 11-50
- Location: Singapore
- Signal Strength: Very Strong
- What they do: Finmo builds a treasury operating system built on real-time payment rails to streamline cross-border commerce. It integrates money movement, cash management, and FX management. The system provides instant money transfers, accurate cash flow forecasting, optimized liquidity management, and effective financial risk mitigation. For example, Finmo’s Global Currency Account receives and pays in multiple currencies with real-time visibility and reporting of cash management processes. The platform also features automated workflows for accounts receivable and payable as well as FX risk management tools.
Quick Tip to Find New Cross-Border Payment Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new cross-border payment solutions provides significant benefits compared to traditional scouting methods:
- Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying international payment innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in international payments. The platform keeps you informed with near real-time updates on emerging international payment companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within international payments, such as no-code solutions, treasury OS, or blockchain rails. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New International Payment Solutions?
We’ve explored the dynamic landscape of international payments, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free FinTech Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. If you’re an expert in startups or emerging tech, we invite you to contribute to our insights.
