Alchemy Pay

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.

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

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

• Crypto payment gateway
• Fiat on-ramp services
• Stablecoin payment infrastructure
• Blockchain payment processing
• Merchant crypto acceptance

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core 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

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

Feature6 records

Partnerships

Twelve partnerships are on record, tiered flagship and core.

• MastercardflagshipTechnology or Integration · 13 May 2026Strategic 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 LimitedflagshipStrategic or Co-development Partner · 26 March 2026Partnership 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 WalletcoreTechnology or Integration · 22 December 2025Joint 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.
• OKXcoreTechnology or Integration · 20 November 2025OKX 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.
• dLocalcoreTechnology or Integration · 23 October 2025Partnership 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.
• SumsubcoreTechnology or Integration · 20 August 2025Integration 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)coreStrategic or Co-development Partner · 5 February 2025Investment 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.
• UnlimitcoreTechnology or Integration · 29 August 2024Partnership 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.
• PaysafecoreTechnology or Integration · 25 July 2024Integration 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 PaycoreTechnology or IntegrationCrypto 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 PaycoreTechnology or IntegrationCrypto payment facilitation for Solana Pay ecosystem enabling merchants to accept crypto payments.
• Crypto.com PaycoreTechnology or IntegrationCrypto 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

Direct 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

• Xx.com/AlchemyPay
• Facebookfacebook.com/AlchemyGPS
• LinkedInlinkedin.com/company/alchemypay

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alchemy Pay