Finverse
Finverse is an API-first payment orchestration and open banking platform that automates bank and card payment collection and aggregates consented bank data across 164+ Asian banks in six Asia-Pacific markets, serving lenders, property managers, self-storage operators, and vertical SaaS platforms.
- Company typePrivate
- Founded2020
- HeadquartersAdmiralty, Hong Kong SAR China
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Finverse does
Finverse is a Hong Kong-headquartered, API-first payment orchestration and open banking platform operating across Asia-Pacific. Founded in 2020 by Stephane Lesaffre (formerly of Credit Suisse and NerdWallet), the company enables businesses to automate recurring bank and card payment collection and to access consented bank account data via a unified set of REST APIs. Its infrastructure connects to 164+ Asian banks across six markets — Hong Kong, Singapore, Malaysia, the Philippines, Vietnam, and Indonesia — and supports local payment rails including eDDA and FPS (Hong Kong), eGIRO and PayNow (Singapore), QR-code payments, cards, and digital wallets such as Alipay, WeChat Pay, and GrabPay.
The product surface consists of four integrated APIs: the Payments API and its underlying Collect API, which handle mandate creation, recurring and one-time fund collection, and status checks for direct-debit and card payments; Payment Links, a no-code 'Pay' button embeddable in invoices and portals with automated reconciliation; and the Bank Data API, which provides identity, transaction, balance, and statement data from 40+ banks in machine-readable formats. Authentication uses Bearer tokens with Idempotency-Key headers, and the platform exposes sandbox and production environments with comprehensive developer documentation. Distribution is API-first via a self-serve dashboard at dashboard.finverse.com, supplemented by direct enterprise field sales for volume customers and OEM/embedded placements inside partner platforms including Xero, Storeganise, SiteLink/RapidStor, and Provet Cloud.
Finverse monetises through a 0.5% per-transaction take rate on payments processed (marketed as 85% cheaper than typical card fees), volume pricing with custom contracts for large merchants, and subscription-plus-usage pricing for the Bank Data API. Reported customer segments include real estate and property management (The Flexi Group across 45 locations in 9 cities, Redbox Storage, StorHub), credit and insurance (Tonghuai, Zetl), self-storage software platforms, and B2B services. The company is privately held, has raised approximately $1.8M in total funding including a $1.5M seed round in June 2021, and operates with a team of 1-10 employees from offices in Hong Kong and Singapore.
Finverse firmographics
Firmographics- Name
- Finverse
- Legal name
- Finverse Technologies Limited
- Website
- https://finverse.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Finverse is an API-first payment orchestration and open banking platform that automates bank and card payment collection and aggregates consented bank data across 164+ Asian banks in six Asia-Pacific markets, serving lenders, property managers, self-storage operators, and vertical SaaS platforms.
- Ownership category
- akta.pro rank
Finverse industry classification
Industry- Product category
- Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ)
- akta.pro secondary industry
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
Keywords
Where Finverse is headquartered
LocationHeadquarters
- HQ city
- Admiralty
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices2 records
Markets served
Finverse business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Transaction Fees: Finverse charges a transaction fee (0.5% per transaction) to merchants/businesses for each payment collected through their platform. This is 85% cheaper than traditional card payments. Volume discounts available for large enterprises.
- Bank Data API Access: Charges for access to open banking data through the Bank Data API, which provides real-time financial account information from Asian banks. Pricing includes transparent monthly minimum and pay-as-you-go options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Payments - 0.5% per transaction |
| Transaction based/ take rate | Multi-year contract | Volume Payments - Custom pricing for high-volume merchants |
| Subscription | Monthly | Bank Data API - Subscription with usage |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Finverse product offering
Product offeringCore offering
Finverse provides an API-first payment orchestration platform enabling businesses to automate recurring bank and card payment collections across Asia-Pacific. Its offering combines a Payments API (supporting eDDA, eGIRO, FPS QR, cards, and wallets), Payment Links (no-code 'Pay' button embedded in invoices and portals), and a Bank Data API that aggregates real-time financial account information from 40+ Asian banks across Hong Kong, Singapore, Malaysia, Philippines, Vietnam, and Indonesia.
Product overview
Finverse is a payment automation platform providing a unified API solution for bank and card payments across Asia-Pacific. The core portfolio consists of three integrated products: Payments API (enabling recurring bank and card collections via direct debit), Payment Links (embedding no-code 'Pay' buttons into invoices and portals for automated collections), and Bank Data API (open banking data access from 40+ Asian banks). The Collect API is the foundational payment execution component within the Payments API, handling fund collection initiation and mandate management. Use cases span credit/insurance repayments, property management/real estate, remittances, B2B collections, and payroll operations. Coverage spans Hong Kong, Singapore, and five additional Southeast Asian markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Payments API
Quantifiable outcome
- 85% cost reduction vs traditional card payments
- +3 more outcomes
Companies that use Finverse
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Finverse technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
Finverse partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- RapidStor/SitelinkcorePartnership with RapidStor (front-end digital storefront) and SiteLink (back-end management software) for self-storage industry. Finverse embeds its payment orchestration platform enabling operators to offer FPS, eDDA, cards, and QR payments through the integrated platform. First native payment integration in SiteLink's ecosystem for APAC market.
- StoreganisecorePartnership with Storeganise (cloud-based self-storage software) enabling seamless bank QR payments, card payments, and eGIRO/eDDA for automated payment experience. StorHub Singapore is the first to implement the integration.
- XerocoreIntegration with Xero accounting software enabling automated invoice collection through embedded 'Pay' button. Finverse syncs payment data directly with Xero for automated reconciliation. Available on Xero app marketplace for HK, SG, and APAC markets.
Scale indicators6 records
Recent moves6 records
Expansion highlights3 records
Finverse competitors and assessment
Company assessmentBroad incumbents
- Stripe: Global payment processor with a unified API for card and bank payments. Competes directly with Finverse on payment orchestration and APAC expansion, but serves a much broader merchant base and product set, and is not specialized in APAC A2A rails.
- Adyen: Global unified payments platform serving enterprise merchants with card and local payment method support. Overlaps with Finverse on payment orchestration and APAC market coverage but at much larger scale and broader product scope.
- Plaid: Global open banking and bank data aggregation platform. Overlaps with Finverse's Bank Data API on financial account connectivity and developer-first delivery, but Plaid's footprint and product breadth are much larger and centered in the US and Europe.
Regional players
- iPay88: Malaysia-headquartered payment gateway serving Southeast Asian merchants with card and APM acceptance. Comparable to Finverse on APAC payment rails and merchant integrations, with strong but regionally narrower reach.
Direct peers
- Xendit: Southeast Asia-focused payment gateway operating across Indonesia, Philippines, Vietnam, Malaysia and other SEA markets. Closely comparable to Finverse in geography, API-first developer experience, and support for local payment methods.
- Razorpay: India-based payment gateway and API platform supporting cards, UPI, netbanking, and wallets with developer-first onboarding. Comparable to Finverse on API-first orchestration and breadth of local payment methods, though primarily focused on India rather than HK/SG/SEA.
- HitPay: Singapore-headquartered payment solutions provider offering API-based payment acceptance, recurring billing, and integration with accounting platforms. Directly comparable to Finverse on geography, SMB/enterprise target, and recurring payment focus.
- Omise: Thailand-founded payment gateway operating across SEA with card processing and APM support. Comparable to Finverse on API-driven acceptance of local rails in Southeast Asia, though with different geographic emphasis.
- 2C2P: SEA-focused payment service provider offering card acquiring, alternative payment methods, and payment orchestration across Thailand, Singapore, Malaysia, Indonesia, Vietnam and the Philippines. Directly competes with Finverse in APAC payment orchestration and APM coverage.
Emerging players
- FluidPay: Payment processing and orchestration platform focused on developer-led merchants. Comparable to Finverse on API-first payment infrastructure, though without Finverse's APAC bank-rail focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Finverse social profiles
Digital presenceFinverse compliance and trust
Trust signalCompliance6 records
Finverse financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finverse leadership team
Management profileNumber of profiles
Profiles1 record
Finverse funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finverse 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 Finverse
What does Finverse do?
Finverse provides an API-first payment orchestration platform enabling businesses to automate recurring bank and card payment collections across Asia-Pacific. Its offering combines a Payments API (supporting eDDA, eGIRO, FPS QR, cards, and wallets), Payment Links (no-code 'Pay' button embedded in invoices and portals), and a Bank Data API that aggregates real-time financial account information from 40+ Asian banks across Hong Kong, Singapore, Malaysia, Philippines, Vietnam, and Indonesia.
Is Finverse a public or private company?
Finverse is a private company. It is classified as venture growth investor backed and is currently operating.
When was Finverse founded?
Finverse was founded in 2020. It employs 1 to 10 people.
Where is Finverse based?
Finverse is headquartered in Admiralty, Hong Kong SAR China, in the Asia region.
How does Finverse make money?
Two revenue lines are on record. Payment Transaction Fees are the primary driver. The others are bank Data API Access.
Who are Finverse's main competitors?
Broad incumbents on record are Stripe, Adyen and Plaid. iPay88 is listed as a regional player. Direct peers are Xendit, Razorpay, HitPay, Omise and 2C2P. FluidPay is listed as an emerging player.
Does Finverse have an API?
Yes. Finverse offers REST APIs enabling developers to automate bank and card payments across Asia-Pacific. The API supports: Create Account Mandate (for direct debit authorization with configurable transaction limits, currency, start/end dates, and period settings), Trigger Fund Collection (collecting funds from accounts on specified due dates), and Check Status of mandates and collections. Authentication uses Bearer token with Idempotency-Key headers. Available via sandbox (https://api.sandbox.finverse.net/auth/token) and production (https://api.prod.finverse.net/mandates/) environments. Supports payment methods including bank direct debit (eDDA in Hong Kong, eGIRO in Singapore), card payments, FPS QR, PayNow, and digital wallets (Alipay, WeChat Pay, GrabPay). Developer documentation is at docs.finverse.com.
What industry is Finverse in?
Finverse's product category is Payment Infrastructure. Its primary akta.pro industry code is FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails), with a secondary code of FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure. Its NAICS code is 52232 and its SIC code is 6199.