Walapay
A payments API for fintechs and global businesses to issue multi-currency accounts, collect funds, convert currencies and pay through local banking rails or stablecoins.
Product
Accounts, conversions and payouts through one integration
Walapay lets developers embed money movement into a financial product or business workflow. Its API can onboard customers, create named virtual bank accounts and digital wallets, collect funds, and send payments across bank transfers and stablecoins. Developers can choose payment rails and program currency conversion—for example, receiving local currency and converting it to USDC—while controlling account permissions and transaction policies.
The customers include fintechs issuing accounts, payment providers settling funds, and payroll or marketplace operators paying people across borders. Walapay connects to local banking infrastructure to handle the final delivery into a recipient’s currency and account. It is already operating: its October announcement names Kast, Nuvei and Bastion as customers and reports annualized payment volume of USD 2.5 billion. The next expansion concerns licences, banking relationships and additional direct connections.
Funding history
1 round- $4.6M