Finverse

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.

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

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

• Payment orchestration
• Open banking API
• Recurring payment collection
• Direct debit automation
• Asia-Pacific payments

Headquarters

HQ city

Admiralty

HQ country

Hong Kong SAR China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. 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.
2. 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

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core 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

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• RapidStor/SitelinkcoreTechnology or Integration · 10 September 2025Partnership 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.
• StoreganisecoreTechnology or Integration · 15 July 2025Partnership 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.
• XerocoreTechnology or Integration · 19 March 2025Integration 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

Broad 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

• LinkedInlinkedin.com/company/finverse

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors5 records

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

M&A

Investments

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

Frequently asked questions about Finverse