Alchemy Pay
Alchemy Pay is a Singapore-based payment gateway founded in 2018 that provides fiat-to-crypto and crypto-to-fiat on/off-ramp infrastructure for cryptocurrency exchanges, blockchain platforms, and merchants across 173 countries, with multi-jurisdictional regulatory licensing and a proprietary Layer-1 stablecoin payment blockchain.
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Alchemy Pay does
Alchemy Pay is a Singapore-based payment solutions provider founded in 2018 that operates a hybrid fiat-crypto payment gateway bridging traditional finance and digital assets. The company serves three primary customer segments: cryptocurrency exchanges (Binance, Coinbase, Bitget, Kraken, OSL) integrating its API for fiat on-ramps; Web3 projects and blockchain platforms (Polygon, NEAR, Apertum, XDB CHAIN) requiring fiat onboarding infrastructure; and e-commerce merchants seeking to accept crypto payments with fiat settlement. Its core technology includes on/off-ramp services supporting 300+ cryptocurrencies and 52 fiat currencies across 173 countries, a Web3 Card issuance solution, NFT Checkout, and Brazil's PIX acquiring solution integrated with LBank.
The company's revenue model is transaction-based, charging processing fees ranging from 0.5% to 2.5% for merchant payments and 0.9% to 4.5% for exchange API integrations depending on payment method. ACH token serves as a utility token within the ecosystem, functioning as a fiat on-ramp token and gas fee token on Alchemy Chain, the company's proprietary Layer-1 blockchain purpose-built for stablecoin payments that launched on mainnet in May 2026. The company holds Money Transmitter Licenses across 18 US states, SFC Type 1 and Type 4 licenses in Hong Kong via HTF Securities, electronic financial business registration in Korea via EZPG, and EU MiCA compliance through its Lithuanian subsidiary Alchemy GPS Europe UAB.
Alchemy Pay has secured $10 million in funding from DWF Labs at a $400 million valuation in April 2023, serving approximately 3 million users globally with integrations across 300+ payment methods including Visa, Mastercard, Google Pay, Apple Pay, and local bank transfers. The company maintains strategic distribution partnerships with Mastercard's Crypto Partner Program (85+ firms), Paysafe (Skrill/NETELLER, 130 countries), Unlimit (173 countries), and dLocal (Latin America), while pursuing expansion into RWA tokenization, Web3 digital banking, and stablecoin payment infrastructure.
Alchemy Pay firmographics
Firmographics- Name
- Alchemy Pay
- Legal name
- Alchemy Pay
- Website
- https://alchemypay.org
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Alchemy Pay is a Singapore-based payment gateway founded in 2018 that provides fiat-to-crypto and crypto-to-fiat on/off-ramp infrastructure for cryptocurrency exchanges, blockchain platforms, and merchants across 173 countries, with multi-jurisdictional regulatory licensing and a proprietary Layer-1 stablecoin payment blockchain.
- Ownership category
- akta.pro rank
Alchemy Pay industry classification
Industry- Product category
- Crypto Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Payment Gateways & Checkout APIs (FSADAIAA)
- akta.pro secondary industries
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where Alchemy Pay is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Alchemy Pay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Transaction/Processing Fees: Merchant processing fees typically ranging from 0.5% to 2.5% per transaction. The platform charges fees for facilitating fiat-crypto and crypto-fiat conversions, with fee structures varying by payment method and volume. Settlement typically occurs within 24-48 hours for fiat transactions with crypto confirmations completing in 3-15 seconds.
- ACH Token Utility: The ACH token functions as a utility token within the ecosystem, currently serving as a fiat on-ramp token and planned to become the gas fee token on Alchemy Chain. The tokenomics model features a supply increase to 10.8 billion ACH with a buyback mechanism funded by network revenue.
- Enterprise API/Integration Services: Revenue generated from API integrations and white-label solutions provided to cryptocurrency exchanges (Binance, Coinbase, Bitget, Kraken, OSL), blockchain projects, and enterprise clients requiring fiat-crypto payment infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Merchant crypto payment processing |
| Transaction based/ take rate | Pay-as-you-go | Exchange API integration |
| Freemium | Pay-as-you-go | USDC on-ramp (Bitget Wallet partnership) |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
Alchemy Pay product offering
Product offeringCore offering
Alchemy Pay operates a hybrid crypto-fiat payment gateway that bridges traditional finance and digital assets for global merchants, crypto exchanges, and Web3 platforms. The company offers On and Off Ramp APIs enabling fiat-to-crypto conversion across 173 countries, 52 fiat currencies, and 300+ cryptocurrencies, alongside merchant crypto payment acceptance, NFT checkout, Web3 card issuance, and its proprietary Alchemy Chain Layer-1 blockchain purpose-built for stablecoin payments.
Product overview
Alchemy Pay operates a hybrid crypto-fiat payment platform bridging traditional finance and digital assets. The core platform consists of On and Off Ramps for fiat-to-crypto and crypto-to-fiat conversion, a Token Listing service, and a Crypto Payment acceptance service for merchants. Add-on modules include an NFT Checkout for fiat-based NFT purchases, a Web3 Card issuance solution for branded crypto cards, and a Global Acquiring Solution supporting local payment rails like Brazil's PIX. The company's strategic infrastructure includes Alchemy Chain, a Layer-1 blockchain purpose-built for stablecoin payments with MiCA and HKMA compliance, on which the ACH utility token serves as the gas fee token. The RWA Platform enables real-world asset tokenization. The platform supports 300+ cryptocurrencies, 52 fiat currencies, and 173 countries.
Differentiator
Problem solved
Functional benefit
Brands
- Alchemy Chain: A Layer-1 blockchain purpose-built for stablecoin payments, positioned as the world's first payment blockchain aligned with EU MiCA and Hong Kong HKMA regulatory frameworks, featuring near-instant transaction finality and native stablecoin support.
- ACH Token
Products and services
- On and Off Ramps
- Token Listing
- NFT Checkout
- Web3 Card (Card Issue)
- Alchemy Chain
- Web3 Digital Banking Solution
- Global Acquiring Solution
- ACH Token
Quantifiable outcome
- Processing fees of 0.5-2.5% compared to 2.5-4% for traditional credit card processing
- +3 more outcomes
Companies that use Alchemy Pay
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Alchemy Pay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
Feature6 records
Alchemy Pay partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered flagship and core.
- MastercardflagshipStrategic collaboration with Mastercard's Crypto Partner Program, integrating Alchemy Pay's fiat-crypto payment gateway with Mastercard's global payment infrastructure. Connects Alchemy Pay with a network of over 85 crypto firms, payment providers, and financial institutions. The partnership enables cross-border crypto settlements, fiat-to-crypto connectivity, and streamlined B2B payments.
- HTF Securities LimitedflagshipPartnership with HTF Securities Limited to upgrade their SFC Type 1 (Dealing in Securities) license in Hong Kong to include virtual asset dealing services for professional and retail investors. Follows earlier upgrade to Type 4 license. Companies pursuing Type 9 (Asset Management) to create comprehensive financial permissions under Hong Kong's regulatory framework.
- Bitget WalletcoreJoint launch of zero-fee USDC on-ramp service backed by Coinbase, allowing users to purchase USDC with 0% transaction and network fees across emerging markets in Asia Pacific, Latin America, and Africa. Supports Apple Pay, Google Pay, Mastercard, Visa, and local bank transfers.
- OKXcoreOKX Europe Limited published a regulatory whitepaper formally admitting the Alchemy Pay (ACH) utility token to trading on its platform in compliance with EU's MiCA regulation. Issuer is Alchemy GPS Europe UAB, a Lithuanian-incorporated entity.
- dLocalcorePartnership to enable crypto-to-fiat payments in Latin America, starting with instant bank transfers in Argentina through dLocal's local payment infrastructure. The collaboration reduces cross-border transaction friction by allowing Alchemy Pay users to purchase cryptocurrency using local bank transfers, with dLocal managing cross-border settlement in USD.
- SumsubcoreIntegration of Sumsub's Travel Rule compliance solution across Alchemy Pay's product suite, automating secure exchange of originator and beneficiary information during crypto transactions. Enables compliance across 35 markets with over 10 jurisdictional rule bundles.
- EZPG Co., Ltd. (이지피쥐)coreInvestment in Korean e-finance firm EZPG Co., Ltd. to obtain electronic financial business registration in Korea. This registration allows Alchemy Pay to expand crypto payment services and integrate with local payment methods, positioning the company to capitalize on Korea's growing digital assets market.
- UnlimitcorePartnership enabling fiat-to-crypto purchases across 173 countries with strong coverage in Europe, Latin America, and Southeast Asia. Alchemy Pay expands payment options to include Visa, Mastercard, SEPA, and Google Pay while leveraging Unlimit's 15 years of global payment expertise.
- PaysafecoreIntegration of Paysafe's Skrill and NETELLER digital wallets along with local payment methods into Alchemy Pay's Fiat On-ramp product. Users across 130 countries can now purchase Bitcoin, Ethereum, and other cryptocurrencies using over 40 fiat currencies, with Paysafe's open banking available in the UK and 15 European countries.
- Binance PaycoreCrypto payment facilitation for Binance Pay platform as one of the supported payment providers enabling users to pay with crypto across e-commerce merchants in over 70 countries.
- Solana PaycoreCrypto payment facilitation for Solana Pay ecosystem enabling merchants to accept crypto payments.
- Crypto.com PaycoreCrypto payment facilitation for Crypto.com Pay platform as part of Alchemy Pay's multi-platform payment network.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Alchemy Pay competitors and assessment
Company assessmentDirect peers
- Transak: Transak provides fiat on/off-ramp infrastructure for crypto wallets and dApps across 100+ countries. Competes directly for Web3 project integrations (Polygon, NEAR, etc.) and shares the same fiat-crypto gateway business model.
- MoonPay: MoonPay is a leading fiat-to-crypto on-ramp provider offering similar exchange and merchant integrations across 160+ countries with similar Visa/Mastercard payment rails. Directly competes for the same crypto exchange and Web3 project partnerships.
- Ramp Network: Ramp Network offers a fiat-to-crypto on-ramp product with similar API-first delivery to wallets, exchanges, and Web3 platforms. Competes in the same European and global markets with comparable coverage and payment methods.
- Banxa: Banxa is a publicly listed on-ramp provider with a similar focus on exchange integrations and local payment methods globally. Directly comparable in serving the same crypto exchange customers with fiat payment infrastructure.
- Wyre: Wyre (now wound down and partly acquired by Bolt) was historically a major fiat-to-crypto on-ramp provider with deep exchange relationships. As a former direct competitor with similar API-driven model, it illustrates both the opportunity and execution risk in this category.
Emerging players
- Onramper: Onramper is an on-ramp aggregator that routes transactions across multiple fiat-to-crypto providers. While not a direct gateway, it influences how exchanges and wallets select on-ramp partners, creating indirect competitive pressure on Alchemy Pay's exchange relationships.
- BVNK: BVNK provides stablecoin payment infrastructure for merchants and financial institutions, overlapping with Alchemy Pay's enterprise and Web3 digital banking offerings. Represents an emerging competitor in the stablecoin payment infrastructure layer.
Broad incumbents
- Coinbase: Coinbase is both a partner (zero-fee USDC on-ramp funding) and a potential competitor — its Coinbase Onramp product provides fiat-to-crypto services directly to wallets and dApps. As a major exchange, Coinbase represents both Alchemy Pay's largest customers and a direct threat if it expands its on-ramp business.
- Stripe: Stripe's recent re-entry into crypto (USDC stablecoin support) and fiat-to-crypto on-ramp initiatives position it as a broad incumbent that could capture merchant and exchange on-ramp volume at scale, leveraging its existing payment infrastructure relationships.
- Simplex (Nuvei): Simplex (acquired by Nuvei) provides fiat on-ramp services for crypto exchanges and wallets, with similar credit card and local payment rails. As part of the broader Nuvei payments platform, it competes for enterprise-level exchange and merchant integrations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Alchemy Pay social profiles
Digital presenceAlchemy Pay compliance and trust
Trust signalCompliance4 records
Alchemy Pay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alchemy Pay leadership team
Management profileNumber of profiles
Profiles4 records
Alchemy Pay subsidiaries and ownership
Company hierarchySubsidiaries2 records
Alchemy Pay funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alchemy Pay M&A and investment
M&A and investmentM&A2 records
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alchemy Pay
What does Alchemy Pay do?
Alchemy Pay operates a hybrid crypto-fiat payment gateway that bridges traditional finance and digital assets for global merchants, crypto exchanges, and Web3 platforms. The company offers On and Off Ramp APIs enabling fiat-to-crypto conversion across 173 countries, 52 fiat currencies, and 300+ cryptocurrencies, alongside merchant crypto payment acceptance, NFT checkout, Web3 card issuance, and its proprietary Alchemy Chain Layer-1 blockchain purpose-built for stablecoin payments.
Is Alchemy Pay a public or private company?
Alchemy Pay is a private company. It is classified as venture growth investor backed and is currently operating.
When was Alchemy Pay founded?
Alchemy Pay was founded in 2018. It employs 51 to 100 people.
Where is Alchemy Pay based?
Alchemy Pay is headquartered in Singapore, Singapore, in the Asia region.
How does Alchemy Pay make money?
Three revenue lines are on record. Transaction/Processing Fees are the primary driver. The others are ACH Token Utility and enterprise API/Integration Services.
Who are Alchemy Pay's main competitors?
Direct peers on record are Transak, MoonPay, Ramp Network, Banxa and Wyre. Emerging players are Onramper and BVNK. Broad incumbents are Coinbase, Stripe and Simplex (Nuvei).
Does Alchemy Pay have an API?
Yes. Alchemy Pay operates a fiat-crypto payment API that enables exchange partners and platforms to integrate fiat on-ramp and off-ramp functionality via API connections. The API supports processing crypto payments across 300+ payment channels and 52 fiat currencies in 173 countries. Major cryptocurrency exchanges including Binance, Coinbase, Bitget, Kraken, and OSL integrate Alchemy Pay's payment infrastructure through API connections. The platform supports 300+ cryptocurrencies and 52 fiat currencies via its hybrid payment gateway with a three-layer architecture. No public developer portal or documentation URL is explicitly stated in the available sources.
What industry is Alchemy Pay in?
Alchemy Pay's product category is Crypto Payment Infrastructure. Its primary akta.pro industry code is FSADAIAA, Crypto Payment Gateways & Checkout APIs, with a secondary code of FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks. Its NAICS code is 52232 and its SIC code is 6211.