Chimoney
Chimoney is a Toronto-based licensed cross-border payments infrastructure company offering multi-currency wallets, global payouts, AI agent wallets with policy controls, and W3C DID-compliant digital identity to developers, enterprises, and AI agent builders across 130+ countries.
- Company typePrivate
- Founded2022
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Chimoney does
Chimoney (legal entity Chi Technologies Inc.) is a Toronto-headquartered cross-border payments infrastructure company that operates an API-first platform spanning multi-currency wallets, global payouts, AI agent wallets with policy controls, and W3C DID-compliant digital identity (APort). The platform orchestrates 10+ payment methods across 130+ countries, five blockchains, 20+ stablecoins, and 41 currencies, and is built on Interledger Protocol with integrations into Interac, M-Pesa, SPEI, PIX, Corpay, and Unispend. It holds a US MSB (FinCEN) registration, a Bank of Canada Payment Service Provider license (registered November 2025), and is pursuing SOC 2 Type II certification.
The company monetizes through transaction fees, a usage-based agent passport fee (free for the first 100 passports, then $0.10 each), enterprise volume contracts with SLAs, and tiered subscriptions for the campaign platform. Distribution is hybrid: self-serve developer onboarding at chimoney.app / dash.chimoney.io, plus direct enterprise field sales targeting regulated industries (finance, healthcare, legal). Founder Uchi Uchibeke led the company from its 2021/2022 conceptualization through a Techstars Toronto Accelerator stint, several accelerators and partnerships (Google for Startups Accelerator Canada, Accelerator Centre, Interledger Foundation), and into acquisition by CapitalSage Holdings (via CapitalSage Vantage Limited) in June 2026 following an interim closure announcement caused by funding shortfalls.
Chimoney's customer base spans remittance (Reeple), education/training (Umuzi, AltSchool), community platforms (Goodwall, She Code Africa), and enterprise developer buyers integrating agent frameworks. In June 2024 input, only 25 agent passports had been provisioned since the November 13 product launch — consistent with a company at very early commercial traction despite multiple years of operation.
Chimoney firmographics
Firmographics- Name
- Chimoney
- Legal name
- Chi Technologies Inc.
- Website
- https://chimoney.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Chimoney is a Toronto-based licensed cross-border payments infrastructure company offering multi-currency wallets, global payouts, AI agent wallets with policy controls, and W3C DID-compliant digital identity to developers, enterprises, and AI agent builders across 130+ countries.
- Ownership category
- akta.pro rank
Chimoney industry classification
Industry- Product category
- Cross-Border Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Other Activities Related to Credit Intermediation (522390)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE)
- akta.pro secondary industries
- Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC), Blockchain Compliance, AML & Transaction Monitoring (On-chain Analytics) (FSAGAMAF), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)
Keywords
Where Chimoney is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Chimoney business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Fees: Transaction-based fees charged per payment/transaction processed through the platform. Competitive rates with volume discounts available for enterprise deployments. No monthly fees or setup charges for agent wallet creation.
- Agent Passport Fees: Free tier for first 100 agent passports, then $0.10 per agent passport. No monthly fees, pay-as-you-go model after free tier.
- Enterprise Volume Contracts: Custom pricing for high-volume deployments including dedicated support and SLA. Multi-year contracts available for enterprise customers with advanced features.
- Campaign Platform Fees: Free for public campaigns with less than 100 participants. Paid monthly plans for businesses running multiple campaigns or large-scale events. Enterprise custom pricing for advanced features.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Agent Wallet Creation |
| Usage-based | Pay-as-you-go | Pay-as-you-go Agent Passports |
| Transaction based/ take rate | Pay-as-you-go | Transaction Fees |
| Freemium | Monthly | Campaign Platform - Public |
| Subscription | Monthly | Campaign Platform - Business |
| Subscription | Multi-year contract | Campaign Platform - Enterprise |
Go-to-market motion5 records
Distribution channels7 records
Marketing channels8 records
Chimoney product offering
Product offeringCore offering
Chimoney provides an integrated passport and payment infrastructure that combines W3C DID digital identity (via APort), multi-currency wallets, and policy controls to enable AI agents and humans to autonomously execute global payouts. The platform orchestrates disbursements across 130+ countries, 10+ payment methods (bank, mobile money, Interac, crypto, gift cards, airtime, email/phone), 5 blockchains, and 20+ stablecoins from a single API. It is built on licensed infrastructure (Canadian MSB, Bank of Canada PSP, US MSB) with sub-200ms policy verification and immutable audit trails for SOX/HIPAA/FINRA compliance.
Product overview
Chimoney is a licensed payments infrastructure platform organized as a layered stack: a Licensed Infrastructure foundation providing MSB and PSP compliance, topped with Identity & Wallets (AI Agent Wallet + APort Digital Identity + Multi-Currency Wallet), a Payment Infrastructure layer (Global Payouts + Interledger Payments), and Stablecoin Infrastructure (5+ blockchains, 20+ stablecoins). The company operates a unified platform architecture where the Chimoney API serves as the integration layer across all products, supplemented by the consumer Chimoney App and the Unispend shopping redemption add-on. The portfolio centers on bridging AI agents and humans to global financial rails, with APort providing identity verification and AI Agent Wallet providing autonomous financial agency.
Differentiator
Problem solved
Functional benefit
Products and services
- AI Agent Wallet A financial wallet purpose-built for autonomous AI agents, enabling them to hold, manage, and deploy funds across global payout rails with built-in policy controls including spending limits, counterparty restrictions, and real-time monitoring.
- APort Digital Identity W3C DID-compliant digital passport infrastructure providing KYC/KYB verification for both AI agents and humans, enabling verifiable credentials and identity assertions across financial and digital transactions.
- Multi-Currency Wallet A wallet supporting multi-currency balances for both human users and AI agents, enabling global transfers, currency conversion, and balance management across bank, mobile money, crypto, and other payment rails.
- Global Payouts API-driven cross-border payment infrastructure orchestrating disbursements across bank transfers, mobile money, Interac, cryptocurrency, gift cards, airtime, and email/phone transfers through a unified API.
- Interledger Payments Open payments infrastructure built on the Interledger protocol, supporting Web Monetization and payment pointers for real-time, borderless financial transfers including streaming micropayments down to $0.000001 for agent-to-agent billing.
- Chimoney API REST API with SDKs in JavaScript and Python, webhook support, and a Postman collection enabling developers to integrate global payouts, AI agent wallets, digital identity, payment requests, and campaign management into their applications.
- Chimoney App Consumer-facing mobile application for iOS and Android providing access to multi-currency wallets, global payouts, gift card redemptions, and digital identity features.
Quantifiable outcome
- 4,500% growth in transaction values within months of 2023 launch
- +4 more outcomes
Companies that use Chimoney
Customer profileNamed customers5 records
Segments7 records
Ideal customer profiles4 records
Chimoney technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability8 records
Feature9 records
Chimoney partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- CapitalSage HoldingscoreCapitalSage Vantage Limited, a subsidiary of CapitalSage Holdings, acquired Chi Technologies Inc. (parent company of Chimoney). The acquisition heralds CapitalSage's entry into the Canadian market and expands cross-border payment capabilities across Africa, North America, and Latin America using Chimoney's single-API infrastructure.
- TechstarscoreChimoney was accepted into and participated in the Techstars Toronto Accelerator program, marking a milestone in its mission to democratize global payments. The collaboration aimed to support Chimoney's mission to revolutionize global payments and promote financial inclusion.
- Interledger FoundationcoreStrategic partnership with Interledger Foundation for cross-border payments integration. Chimoney uses Interledger Payment Pointers and ILP protocol for real-time, low-cost cross-border transactions. Interledger Foundation collaboration enables production Interledger infrastructure.
- APortcoreStrategic integration with APort (Autonomous Agent Passport) for W3C DID-compliant digital identity. APort provides L4 financial-grade assurance through built-in KYC and KYB verification. Every Chimoney agent wallet includes APort passport with cryptographic identity credentials.
- ReepleminorReeple uses Chimoney's Interac Collection API and cross-border payment infrastructure for its remittance solution enabling Africans in the diaspora to send money home. Partnership enhances financial access for underserved communities.
- UmuziminorUmuzi uses Chimoney for global payouts to learners across South Africa, Nigeria, Kenya, and the Philippines. Partnership enables stipend payments via mobile money and airtime.
- Google for Startups AcceleratorminorChimoney participated in the Google for Startups Accelerator (GFSA) Canada program, which provided mentorship, resources, and support for growth.
- Accelerator Center Studio Program (AC:Studio)minorChimoney participated in the Accelerator Center Studio Program (AC:Studio), an elite accelerator program supporting startup growth.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Chimoney competitors and assessment
Company assessmentBroad incumbents
- Stripe: Stripe is a global payments platform that provides agent wallets, payment processing, and developer APIs. Chimoney explicitly positions against Stripe's wallet offering in its comparison table, and both target developers building agentic payment flows. Stripe operates at vastly greater scale and capital base than Chimoney.
- Okta: Okta is an identity and access management platform that Chimoney explicitly compares itself against. Both provide identity credentials to enterprises, though Chimoney bundles identity with payments and policy controls while Okta is identity-only.
- Circle: Circle issues USDC and provides APIs for stablecoin payments, directly competing with Chimoney's stablecoin and blockchain payment infrastructure. Both target developers integrating stablecoin rails into agent and application workflows.
- Remitly: Remitly is a leading cross-border remittance platform serving diaspora communities globally. Chimoney's remittance customers (e.g., Reeple) and global payouts API overlap with Remitly's core business of moving money across borders.
- Wise: Wise (formerly TransferWise) operates a global cross-border payments network across 130+ countries, directly overlapping with Chimoney's global payouts infrastructure and multi-currency wallet offering for both individuals and businesses.
Direct peers
- Coinbase x402: Coinbase's x402 protocol targets AI agent payments using crypto rails, directly overlapping with Chimoney's agentic payments stack. Both compete for the same developer mind-share around agent-to-agent billing and stablecoin settlement.
- Bridge (Stripe-owned): Bridge provides stablecoin API infrastructure for developers, including account issuance and payments, and was acquired by Stripe in 2024. It is comparable to Chimoney's multi-chain stablecoin orchestration layer for global payouts and agentic payments.
Emerging players
- Skyfire: Skyfire is an emerging payments platform built specifically for AI agents, providing wallets and payment infrastructure for autonomous transactions. It directly overlaps with Chimoney's AI Agent Wallet product line and target developer base.
- Nevermined: Nevermined builds payment and access infrastructure for AI agents and autonomous services, comparable to Chimoney's agentic payments and policy control stack. Both target the same emerging agentic commerce market.
Regional players
- Corpay: Corpay is a strategic technology and integration partner of Chimoney providing bank payout infrastructure across 130+ countries. Comparable as a cross-border B2B payment rail provider, though Corpay primarily serves enterprise corporate clients rather than AI agent developers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Chimoney social profiles
Digital presenceChimoney compliance and trust
Trust signalCompliance4 records
Chimoney financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chimoney leadership team
Management profileNumber of profiles
Profiles2 records
Chimoney funding detail
Funding detailFunding overview
Funding rounds8 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chimoney 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 Chimoney
What does Chimoney do?
Chimoney provides an integrated passport and payment infrastructure that combines W3C DID digital identity (via APort), multi-currency wallets, and policy controls to enable AI agents and humans to autonomously execute global payouts. The platform orchestrates disbursements across 130+ countries, 10+ payment methods (bank, mobile money, Interac, crypto, gift cards, airtime, email/phone), 5 blockchains, and 20+ stablecoins from a single API. It is built on licensed infrastructure (Canadian MSB, Bank of Canada PSP, US MSB) with sub-200ms policy verification and immutable audit trails for SOX/HIPAA/FINRA compliance.
Is Chimoney a public or private company?
Chimoney is a private company. It is classified as corporate owned and is currently acquired.
When was Chimoney founded?
Chimoney was founded in 2022. It employs 1 to 10 people.
Where is Chimoney based?
Chimoney is headquartered in Toronto, Canada, in the North America region.
How does Chimoney make money?
Four revenue lines are on record. Transaction Fees are the primary driver. The others are agent Passport Fees, enterprise Volume Contracts and campaign Platform Fees.
Who are Chimoney's main competitors?
Broad incumbents on record are Stripe, Okta, Circle, Remitly and Wise. Direct peers are Coinbase x402 and Bridge (Stripe-owned). Emerging players are Skyfire and Nevermined. Corpay is listed as a regional player.
Does Chimoney have an API?
Yes. REST API enabling global payouts to bank accounts, mobile money, Interac, cryptocurrency wallets, gift cards, airtime, and email/phone recipients. Supports multi-currency wallets, AI agent wallets with policy controls, APort digital identity, payment requests, webhooks, and campaign management. Available via Postman collection with sandbox/test environment. SLA of 99.9% uptime. Developer documentation is at docs.chimoney.com.
What industry is Chimoney in?
Chimoney's product category is Cross-Border Payment Infrastructure. Its primary akta.pro industry code is FSAPAEAE, Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll), with a secondary code of FSADAIAD, Crypto Remittance & Cross-Border Money Transfer Providers. Its NAICS code is 522320 and its SIC code is 6199.