What WadzPay does

WadzPay is a Singapore-headquartered private fintech that operates an enterprise-grade, blockchain-based digital payments and asset tokenization platform. The company was incorporated in Singapore in 2021 as WadzPay Worldwide Pte Ltd (registration 201842594H), with engineering operations in Noida and New Delhi (India), a regional presence in Indonesia, and a Virtual Asset Service Provider registration in Poland secured in July 2025. The platform is built primarily on the Algorand layer-1 blockchain, with institutional-grade custody integrated via BitGo and USDC stablecoin settlement integrated via Circle. The company employs approximately 51-100 people and has raised approximately SGD 50 million from GEM (Global Emerging Markets) in November 2024.

WadzPay's product portfolio is modular and centered on virtual asset payments, cross-border remittance, real-world asset tokenization, and regulated digital asset infrastructure. Core products include MoneyToken (digitized fiat for cross-border settlement, 1:1 backed), AssetToken (tokenization of illiquid assets such as precious metals, minerals, gems, and real estate), wDigiSafe (white-labeled custody for financial institutions), Wallets (with an Issuer Portal), Payments (merchant acceptance at POS and e-commerce), Borderless (remittance), Tokenization (loyalty and asset-backed tokens), Programmable Money (smart-contract-enabled transactions), Stablecoin Technology as a Service (STaaS), a CBDC Platform for central banks, and a Private Blockchain-Based Pilgrim Program for Hajj and Umrah financial flows. Sub-brands include Winity.life (digital-asset-backed spending card) and InvoiceNow.Finance (B2B crypto invoicing). The technology is API-first, with SDKs and integration paths targeted at fintechs, exchanges, and financial institutions.

The company targets financial institutions, governments, and merchants as primary customer segments, with educational institutions and e-commerce merchants as secondary. Revenue is generated through three principal streams: transaction fees on digital asset transfers, cross-border payments, and remittance settlements; professional services and consultancy for deployment and integration; and platform licensing or managed services for partner-deployed infrastructure. Pricing is not publicly disclosed; B2B enterprise and government engagements are quote-based. Distribution combines direct enterprise field sales with channel partnerships (Geidea for pilgrim payments, Bosonic for infrastructure, SMI for mining asset tokenization, FinFan for Southeast Asia remittance). Named customers include BPKH, Indonesia's Hajj and Umrah management body, which selected WadzPay's blockchain-based Pilgrim Program in November 2023, and Societe Miniere D'Investissement SA (SMI), a mining investment firm that partnered with WadzPay in June 2024 to tokenize mining-related financial instruments. The leadership team, led by Founder and CEO Anish Jain (formerly VP Market Development APAC at MasterCard and Client General Manager at American Express), combines more than 250 years of fintech, banking, and regulatory experience.

Name

WadzPay

Legal name

WadzPay Worldwide Pte Ltd

Website

https://wadzpay.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

WadzPay is a Singapore-headquartered fintech operating an enterprise blockchain-based digital payments, custody, and asset tokenization platform on Algorand, serving financial institutions, governments, and merchants with cross-border remittance, stablecoin settlement, CBDC, and tokenization solutions.

Ownership category

akta.pro rank

Product category

Blockchain Payments and Digital Asset Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF), Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD), Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE)

Keywords

• Blockchain payments platform
• Digital asset infrastructure
• Cross-border remittance
• Stablecoin settlement services
• Central bank digital currency

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Fees: WadzPay earns transaction fees on digital asset transfers, cross-border payments, and remittance settlements processed through its platform, likely structured as a take-rate or per-transaction fee model.
2. Professional Services: Consultancy and implementation services offered alongside the platform, supporting financial institutions and governments in deploying blockchain-based payment solutions.
3. Platform Licensing / Managed Services: Revenue derived from licensing the WadzPay technology stack to partners or providing ongoing managed services for deployed platforms.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

WadzPay provides an enterprise-grade blockchain-based payments and digital asset platform built on the Algorand protocol, offering a modular suite of solutions for financial institutions, governments, and merchants. Its offerings span virtual asset custody (wDigiSafe), digitized fiat and stablecoin-based payments (MoneyToken, STaaS, Borderless, Payments), tokenization of real-world and loyalty assets (AssetToken, Tokenization), wallet/issuance infrastructure, CBDC issuance, programmable money, and a specialized pilgrim payment program for Hajj and Umrah, with BitGo-powered custody and Circle USDC stablecoin settlement rails.

Product overview

WadzPay is an enterprise-grade blockchain platform offering a modular suite of solutions for the digital asset economy. The core product portfolio includes: MoneyToken (digitized fiat on blockchain for cross-border payments), AssetToken (real-world asset tokenization platform), wDigiSafe (white-labelled virtual asset custody solution), Wallets (blockchain-based wallet infrastructure with Issuer Portal), Payments (merchant acceptance solution for POS and e-commerce), Borderless (cross-border transaction platform), Tokenization (loyalty tokens and asset-backed tokens), Programmable Money (smart contract-enabled financial operations), Stablecoin Technology as a Service (STaaS), CBDC Platform (for central banks), and the Private Blockchain-Based Pilgrim Program (for Hajj and Umrah transactions). Supporting products include Winity.life (digital asset card) and InvoiceNow.Finance (blockchain-based invoicing). These solutions are built on Algorand blockchain infrastructure with BitGo custodial services and Circle/USDC integration, delivering security, compliance, and scalability for governments, financial institutions, and businesses.

Differentiator

Problem solved

Functional benefit

Brands

• Winity.life: Digital funding card solution bridging digital assets with USD-denominated transactions for real-world use
• InvoiceNow.Finance
• MoneyToken
• AssetToken
• wDigiSafe
• Inscope
• Yellow Block Road

Products and services

• MoneyToken A digitized fiat solution on blockchain that enables instant, secure, and cost-effective transactions with 1:1 equivalence to traditional fiat. MoneyToken is backed by security deposits and offers seamless cross-border payments and real-time settlements, with ready-to-deploy APIs and SDKs targeting campuses, healthcare, education, travel, and retail platforms.
• AssetToken A blockchain-powered platform that transforms illiquid assets — precious metals, minerals, gems, real estate, and more — into digitally tradable tokens, enabling fractional ownership and seamless trading on regulated exchanges for financial institutions and enterprises.
• wDigiSafe A white-labelled virtual asset custody solution designed for financial institutions. It offers secure storage, seamless transfers, and compliant management of cryptocurrencies and digital assets under the institution's own trusted brand.
• Wallets (Issuance) A blockchain-based wallet solution (Issuance) enabling financial institutions to provide customers with versatile wallets for virtual asset-based transactions, including a sophisticated Issuer Portal for comprehensive management and oversight.
• Payments (Acceptance) A comprehensive payment acceptance solution empowering merchants to accept virtual asset-based payments alongside fiat currencies at POS terminals and e-commerce platforms, with blockchain-based refunds and comprehensive transaction insights through an Acceptance Portal.
• Borderless (Remittance) A blockchain-powered cross-border transaction solution offering rapid, cost-efficient, and transparent international transfers through dedicated pathways for financial institutions and payment service providers, with API-first design for regulatory and fintech integration.
• Tokenization A tokenization platform enabling businesses to create special purpose tokens, loyalty tokens, and tokenize real-world assets, supporting fractional ownership, enhanced loyalty rewards, and gaming asset tokenization.
• Programmable Money A platform that harnesses blockchain technology to embed programmability and smart contract conditions in virtual asset-based transactions, providing stability, transparency, and security for financial operations.
• Stablecoin Technology as a Service (STaaS) A turnkey solution providing robust blockchain infrastructure, secure smart contracts, and user-friendly APIs for businesses to launch, manage, and scale stablecoin operations effectively, with comprehensive API integration into existing systems and applications.
• CBDC Platform A platform designed for central banks to issue and manage Central Bank Digital Currencies, supporting token- and account-based CBDCs with programmable money capabilities for financial inclusion.
• Private Blockchain-Based Pilgrim Program An ecosystem for Hajj and Umrah pilgrimage financial transactions, integrating Wallets, Payments, and Tokenization solutions to enable secure, cashless transactions for pilgrims with blockchain-powered wallets pegged 1:1 to local currency.
• Winity.life A digital funding card solution (the Winity Card) that bridges supported digital assets with USD-denominated transactions, enabling flexible, global spend for approved users through a controlled commercial framework.
• InvoiceNow.Finance A blockchain-based B2B invoicing solution enabling businesses to generate invoices, send them, and receive payments in cryptocurrencies, eliminating delays, high fees, and cross-border complexities.

Quantifiable outcome

• SGD $50 million investment commitment secured from GEM
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and flagship.

• AlgorandcoreTechnology or IntegrationAlgorand serves as the foundational blockchain infrastructure for WadzPay's digital asset and payments platform. This technology partnership provides the layer-1 protocol for transaction processing, tokenization, and settlement across all of WadzPay's financial services offerings.
• Societe Miniere D'Investissement SA (SMI)flagshipStrategic or Co-development PartnerWadzPay and SMI formed a strategic partnership to deliver digital asset and financial services solutions. The partnership includes the potential tokenization of mining-related financial instruments, combining WadzPay's blockchain platform capabilities with SMI's mining investment expertise.
• FinFancoreStrategic or Co-development PartnerWadzPay and FinFan entered into a strategic partnership focused on decentralized remittance services, combining WadzPay's blockchain payment rails with FinFan's remittance expertise to enable cross-border money transfers.
• GeideacoreChannel Partner/ Reseller/ DistributorGeidea, a payment solutions provider, partners with WadzPay to serve pilgrims undertaking Hajj and Umrah, providing digital payment infrastructure for pilgrim fund management and disbursements.
• BosoniccoreChannel Partner/ Reseller/ DistributorBosonic, a payment ecosystem provider, was selected by WadzPay to provide payment infrastructure services, supporting WadzPay's digital asset payment capabilities and cross-border settlement rails.
• BitGocoreTechnology or IntegrationBitGo provides institutional-grade custodial services for virtual assets to WadzPay and its customers, enabling secure storage, multi-signature security, and regulated custody of digital assets.
• CirclecoreTechnology or IntegrationCircle, the operator of the USDC stablecoin, provides stablecoin settlement infrastructure integrated into WadzPay's platform, enabling regulated, predictable digital currency rails for cross-border transactions and remittance.

Scale indicators3 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• BitGo: BitGo is a leading institutional digital asset custodian and prime broker offering custody, trading, and lending — provides WadzPay with custody rails but also competes in the broader institutional crypto-infrastructure space against wDigiSafe.

Direct peers

• Ripple: Ripple provides enterprise-grade blockchain-based cross-border payment rails (XRP Ledger, RippleNet, RLUSD stablecoin) for banks and payment service providers — directly competing with WadzPay's Borderless and MoneyToken products for the same FI customer base.
• Alchemy Pay: Alchemy Pay provides crypto-fiat on/off-ramp and merchant payment acceptance across POS and online channels — overlapping with WadzPay's Payments/Acceptance module and InvoiceNow.Finance for crypto-denominated commerce.
• Fireblocks: Fireblocks provides institutional digital asset custody, wallet infrastructure, and tokenization tooling to banks and fintechs — competing head-to-head with WadzPay's wDigiSafe and Wallets products for FI custody and white-label wallet deals.
• Triple-A: Triple-A is a crypto payment gateway enabling merchants and platforms to accept and settle in digital assets with fiat conversion — overlapping with WadzPay's Payments/Acceptance and InvoiceNow.Finance for merchant-side crypto acceptance.
• Stellar Development Foundation: Stellar operates an open blockchain optimized for cross-border payments and tokenized asset issuance, with anchor institutions for remittance corridors — a directly comparable blockchain-payments L1 platform competing for the same financial-institution and remittance use cases as WadzPay.
• Tokeny: Tokeny provides enterprise-grade permissioned tokenization infrastructure for financial institutions to issue, manage, and distribute tokenized securities and assets — directly competes with WadzPay's AssetToken and Tokenization products.
• BVNK: BVNK builds enterprise stablecoin payment and settlement infrastructure for merchants and financial institutions, enabling cross-border payouts in USDC and other stablecoins — a direct competitor to WadzPay's Borderless and Payments products.
• Circle: Circle issues USDC, the dominant regulated stablecoin used for cross-border settlement, and offers enterprise APIs and treasury services — overlaps with WadzPay's MoneyToken, STaaS, and Borderless, and is also a stated WadzPay integration partner.

Emerging players

• Partior: Partior (a JPMorgan, DBS, and Temasek-backed venture) operates a blockchain-based unified cross-border payments and foreign-exchange settlement network for major banks — an emerging competitor in the same enterprise cross-border settlement space as WadzPay Borderless.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/wadzpay
• LinkedInlinkedin.com/company/wadzpay

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments1 record

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

Frequently asked questions about WadzPay