Intract
Intract is a Singapore-based cross-border payments platform that enables businesses to send and receive international funds in real time (under 30 minutes) across 30+ currencies. It serves remittance platforms, SaaS firms, import/export businesses, payroll providers, and crypto companies via a transaction-fee model.
- Company typePrivate
- Founded2022
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Intract does
Intract is a Singapore-headquartered, private cross-border payments platform that enables businesses to send and receive international funds in real time. The core offering settles cross-border transactions in under 30 minutes across 30+ currencies and 5+ countries, materially compressing the multi-day settlement window typical of correspondent banking. The platform handles both sides of transactions (payer and receiver) and embeds an automated regulatory compliance layer, with the company describing itself as fully licensed and regulated across the jurisdictions it serves. Customers include financial services firms, cryptocurrency exchanges, and technology companies such as Finmo, Bitget, Elchemy, Bantr, and MoonPay.
The product stack is structured around four interdependent modules: multi-currency payment processing, real-time settlement infrastructure, a regulatory compliance engine, and enterprise onboarding via named account managers. Multi-currency coverage extends across USD, EUR, and emerging market currencies, and the platform reports $50.2M of monthly transaction volume across its active corridors. Distribution is sales-led: prospects book 15-minute discovery or demo calls via Calendly or direct email, with no self-serve onboarding visible. Pricing is quote-based and transaction-driven, with the company emphasizing transparent FX spreads and no hidden fees against traditional bank rates.
The business operates on a take-rate model, earning transaction fees on cross-border payment flows. It targets a horizontal set of eight customer segments, including remittance platforms, SaaS and tech firms paying global contractors, import and export businesses, staffing and payroll firms, freelancers, and global marketplaces. Capital structure is consistent with an early-stage company: founded in 2022, 51-100 employees, and a $3 million seed round closed in December 2023 led by Alpha Wave Global and BITKRAFT Ventures with participation from Polygon Ventures, Gumi Cryptos, DeVC, P2 Ventures, tokentus, Areta, and MoonPay. The company also operates a separate Web3 learn-and-earn platform that has reportedly reached over two million users and facilitated $1B in volume, which may serve as a downstream user acquisition funnel for the core payments product.
Intract firmographics
Firmographics- Name
- Intract
- Website
- https://intract.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Intract is a Singapore-based cross-border payments platform that enables businesses to send and receive international funds in real time (under 30 minutes) across 30+ currencies. It serves remittance platforms, SaaS firms, import/export businesses, payroll providers, and crypto companies via a transaction-fee model.
- Ownership category
- akta.pro rank
Intract industry classification
Industry- Product category
- Cross-Border Payments Platform
- akta.pro primary industry
- Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL)
- akta.pro secondary industry
- Instant Payment Scheme Connectivity & Processing (e.g., FedNow, SEPA Instant, Faster Payments) (FSAMAHAD)
Keywords
Where Intract is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Intract business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Cross-border Payment Transaction Fees: Intract charges businesses for moving funds across global markets, earning revenue through transaction fees on cross-border payments. The company competes on providing better spreads than traditional banks with transparent pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Quote-based enterprise pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Intract product offering
Product offeringCore offering
Intract is a cross-border payments platform that enables businesses to move funds across global markets with real-time settlement in under 30 minutes. The platform supports 30+ currencies across major corridors (including USD, EUR, and emerging market currencies), provides both sending and receiving side coverage, and embeds automated regulatory compliance. It targets remittance platforms, SaaS/tech companies, import/export businesses, staffing/payroll firms, freelancers, and global marketplaces.
Product overview
Intract is a single unified cross-border payments platform that enables businesses to move money across global markets in real time. The platform combines multi-currency payment processing, real-time settlement (under 30 minutes), and regulatory compliance into one service for both senders and receivers. Key modules include multi-currency coverage supporting 30+ currencies across major corridors, real-time settlement for both sides of transactions, and automated compliance handling. The platform targets remittance platforms, SaaS companies, import/export businesses, staffing and payroll firms, freelancers, agencies, and global marketplaces.
Differentiator
Problem solved
Functional benefit
Products and services
- Cross-Border Payment Platform A real-time international payment platform for businesses that moves funds across global markets with settlement in under 30 minutes, supporting 30+ currencies across major corridors (USD, EUR, emerging market currencies). It serves remittance platforms, SaaS/tech companies, import/export businesses, staffing and payroll firms, freelancers, and global marketplaces, handling both the sending and receiving sides of cross-border transactions.
Quantifiable outcome
- International payment settlement reduced from days to under 30 minutes
- +2 more outcomes
Companies that use Intract
Customer profileNamed customers5 records
Segments8 records
Ideal customer profiles7 records
Intract technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Intract partnerships and signals
Strategic signalScale indicators6 records
Recent moves5 records
Expansion highlights5 records
Intract competitors and assessment
Company assessmentDirect peers
- Wise: Wise (formerly TransferWise) operates a global multi-currency cross-border payments platform for consumers and businesses, with mid-market FX rates and fast settlement. It is the most direct full-stack competitor to Intract across remittance, SaaS payouts, and freelancer use cases.
- Payoneer: Payoneer provides cross-border payment accounts, mass payouts, and FX services for freelancers, marketplaces, and SMBs. It directly competes with Intract in freelancer/agency and SaaS cross-border receiving use cases.
- dLocal: dLocal is a payments processor focused on emerging markets, helping global merchants collect and pay out in local currencies across Latin America, Africa, and Asia. It competes with Intract on emerging-market corridor coverage and multi-currency local settlement.
- Remitly: Remitly is a digital remittance platform serving senders moving money to emerging-market corridors. While Remitly is more consumer-facing, it overlaps with Intract's remittance-platform segment and competes for similar corridor economics.
- Airwallex: Airwallex is a B2B cross-border payments and treasury platform supporting multi-currency accounts, FX, and global payouts. It competes directly with Intract in the SaaS, payroll, and import/export business segments served by Intract.
- Ripple: Ripple provides real-time cross-border settlement infrastructure (RippleNet and the XRP Ledger-based On-Demand Liquidity service) targeting banks, remittance providers, and crypto-linked payment flows. Its focus on real-time settlement and crypto-native rails closely mirrors Intract's positioning.
- Nium: Nium provides a cross-border payments API and infrastructure for banks, fintechs, and platforms, supporting real-time payouts across 100+ countries. It is a direct infrastructure competitor to Intract in B2B cross-border payouts.
Broad incumbents
- Western Union: Western Union operates the world's largest retail remittance network across hundreds of countries. While it is a legacy incumbent rather than a digital-native competitor, it competes for the same cross-border remittance and payout volumes Intract targets.
- Revolut: Revolut offers multi-currency accounts, international transfers, and business banking across dozens of markets. It overlaps with Intract on multi-currency, cross-border consumer and SMB use cases, though it is a broader consumer fintech rather than a payments-rail specialist.
- MoneyGram: MoneyGram runs a global cross-border P2P and business payments network with both retail and digital channels. It overlaps with Intract on remittance corridors and is investing in digital and real-time capabilities to defend share.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Intract social profiles
Digital presenceIntract compliance and trust
Trust signalCompliance1 record
Intract financial estimates
Financial estimateRevenue estimate
Valuation estimate
Intract leadership team
Management profileNumber of profiles
Intract funding detail
Funding detailFunding overview
Funding rounds1 record
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Intract M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Intract
What does Intract do?
Intract is a cross-border payments platform that enables businesses to move funds across global markets with real-time settlement in under 30 minutes. The platform supports 30+ currencies across major corridors (including USD, EUR, and emerging market currencies), provides both sending and receiving side coverage, and embeds automated regulatory compliance. It targets remittance platforms, SaaS/tech companies, import/export businesses, staffing/payroll firms, freelancers, and global marketplaces.
Is Intract a public or private company?
Intract is a private company. It is classified as venture growth investor backed and is currently operating.
When was Intract founded?
Intract was founded in 2022. It employs 51 to 100 people.
Where is Intract based?
Intract is headquartered in Singapore, Singapore, in the Asia region.
How does Intract make money?
One revenue line is on record: cross-border Payment Transaction Fees.
Who are Intract's main competitors?
Direct peers on record are Wise, Payoneer, dLocal, Remitly, Airwallex, Ripple and Nium. Broad incumbents are Western Union, Revolut and MoneyGram.
Does Intract have an API?
No public API is recorded for Intract.
What industry is Intract in?
Intract's product category is Cross-Border Payments Platform. Its primary akta.pro industry code is FSAMAIAL, Trade & Invoice Payments (Cross-Border B2B), with a secondary code of FSAMAHAD, Instant Payment Scheme Connectivity & Processing (e.g., FedNow, SEPA Instant, Faster Payments).