Fyorin
Fyorin (trading as PorterPays Limited, Malta) is a cloud-based financial operations and treasury management platform serving mid-market and enterprise businesses with cross-border payment, multi-currency account, corporate card, and ERP-integrated automation needs across 200+ countries and 100+ currencies.
- Company typePrivate
- Founded2019
- HeadquartersBirkirkara, Malta
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Fyorin does
Fyorin is a Malta-registered (PorterPays Limited) financial operations and treasury management platform founded in 2019 and headquartered in Ħal Lija, Malta. The company targets mid-market and enterprise businesses with cross-border financial operations, offering a unified platform that combines treasury management, accounts payable automation, accounts receivable, expense management, multi-currency virtual accounts, international payments, FX, corporate cards, and bank connectivity. A single dashboard aims to deliver full cash-position visibility across subsidiaries, accounts, and currencies, supported by automated reconciliation and bulk payment capabilities.
Fyorin delivers its capabilities through a cloud-based, API-first architecture accessing a network of regulated banking and card partners: CurrencyCloud (EEA e-money), TransferMate (EEA payment services), Visa Global Services (US payment services), and Moorwand (Mastercard and Discover card issuance). The platform supports 100+ currencies across 200+ countries and exposes native, two-way integrations with six ERP/accounting systems (NetSuite, Microsoft Dynamics, Xero, QuickBooks, Sage, Zoho) and a PSD2 Open Banking API for authorised Third-Party Providers. Compliance posture includes ISO/IEC 27001:2022 ISMS, PCI DSS, and GDPR, with MFSA regulation as an Account Information Service Provider.
Fyorin operates a sales-led direct go-to-market supplemented by software reseller partnerships and a content/comparison-driven SEO strategy (alternatives pages against Revolut, Payhawk, Soldo, Tipalti, Wise, Kyriba, Agicap, and Airwallex). Revenue is generated through a mix of platform subscription fees, FX and currency exchange margin, and card transaction interchange, with modular capabilities that customers can switch on or off and quote-based enterprise pricing. Only one customer logo (AMFE Global Ltd, luxury hospitality) is publicly disclosed, and only a single ~$741K funding round in January 2022 is on record, placing Fyorin in the early-stage, pre-institutional-backed portion of the competitive landscape alongside larger players such as Revolut Business, Payhawk, Soldo, Wise Business, and Airwallex.
Fyorin firmographics
Firmographics- Name
- Fyorin
- Legal name
- PorterPays Limited
- Website
- https://fyorin.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fyorin (trading as PorterPays Limited, Malta) is a cloud-based financial operations and treasury management platform serving mid-market and enterprise businesses with cross-border payment, multi-currency account, corporate card, and ERP-integrated automation needs across 200+ countries and 100+ currencies.
- Ownership category
- akta.pro rank
Fyorin industry classification
Industry- Product category
- Financial Operations and Treasury Management Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Finance Services (6199), Miscellaneous Business Credit Institution (6159), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
- akta.pro secondary industries
- Treasury, Cash Management & Liquidity (SME) (FSAGAJAG), Corporate Cash Management & Treasury ACH (FSAMAGAG), Corporate Cash Management & Treasury Services (FSAMAOAA), Treasury Operations Support (Cash Management, Bank Reconciliations, Payments Ops) (BPAAAGAH)
Keywords
Where Fyorin is headquartered
LocationHeadquarters
- HQ city
- Birkirkara
- HQ country
- Malta
- HQ region
- Europe
Offices1 record
Markets served
Fyorin business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Subscription and Transaction Fees: Fyorin generates revenue through platform subscription fees combined with transaction-based fees for payment processing, currency exchange, and card transactions. The platform offers modular capabilities that can be switched on or off, suggesting a usage-based or tiered subscription model. Corporate cards provide additional revenue through interchange fees and cashback programs where Fyorin earns revenue from transaction volume.
- FX and Currency Exchange: Revenue generated from foreign exchange services when businesses exchange currencies, minimising FX exposure through dedicated multi-currency accounts and advanced FX capabilities.
- Card Transaction Interchange: Revenue from corporate card transactions through Mastercard and Discover networks, including cash rebates earned on business expenses that turn costs into earnings.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Fyorin product offering
Product offeringCore offering
Fyorin is a unified financial operations and treasury management platform for international digital businesses. It combines treasury management, accounts payable automation, accounts receivable solutions, and expense management (with corporate cards) into a single dashboard, providing 100% visibility of cash position across entities, accounts and currencies. The platform operates through a network of global financial institution partners, supports payments in 100+ currencies across 200+ countries, and integrates natively with leading ERP systems for automated reconciliation.
Product overview
Fyorin is a unified financial operations and treasury management platform designed for international digital businesses. The platform operates as a comprehensive solution combining four core products: Treasury Management (providing cash visibility across all entities), Accounts Payable Automation, Accounts Receivable Solutions, and Expense Management (with corporate cards). These core products are supported by a suite of capabilities including Virtual Accounts (multi-currency IBANs), International Payments (global payment rails), Foreign Exchange (FX management), Cards (virtual and physical corporate cards), Liquidity Diversification, and Bank Connectivity. Additional features include Request Payment, Bulk Payments & Payroll, Sub-Accounts, Security, Reconciliation, Subscription Management, and Reporting. The platform supports 100+ currencies across 200+ countries and integrates natively with leading ERP systems including NetSuite, Microsoft Dynamics, Xero, QuickBooks, Sage, and Zoho.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Reduce 80% of operational costs
- +2 more outcomes
Companies that use Fyorin
Customer profileNamed customers1 record
Segments12 records
Ideal customer profiles2 records
Fyorin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature5 records
Fyorin partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Oracle NetSuitecoreNative, out-of-the-box integration with Oracle NetSuite ERP system. Two-way sync enables automated reconciliation and posting. Part of Fyorin's enterprise-ready integrations providing seamless financial data synchronization.
- Microsoft DynamicscoreNative integration with Microsoft Dynamics 365 ERP. Enables automated financial operations including payables, receivables, and treasury management with Dynamics 365. Supports automated reconciliation through two-way sync.
- XerocoreNative integration with Xero accounting software. Enables automated reconciliation and real-time financial data synchronization for small and medium business customers.
- QuickBookscoreNative integration with Intuit QuickBooks accounting platform. Part of Fyorin's ERP integration ecosystem enabling automated accounting and reconciliation.
- SagecoreNative integration with Sage accounting software. Part of Fyorin's enterprise-ready integrations ecosystem for automated financial operations.
- ZohocoreNative integration with Zoho suite of business applications. Part of Fyorin's comprehensive ERP integration offerings for diverse business needs.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Fyorin competitors and assessment
Company assessmentDirect peers
- Brex: Corporate cards, expense management, bill pay, and treasury solutions for startups and mid-market companies. Overlaps with Fyorin on cards, AP, and multi-currency capabilities.
- Wise Business: Multi-currency business accounts with international payments, cards, and reconciliation. Fyorin publishes a 'Wise alternatives' page, signalling direct competition particularly in cross-border payments and FX.
- Payhawk: Corporate cards, expense management, AP automation, and ERP integrations targeting mid-market finance teams in Europe. Fyorin publishes a 'Payhawk alternatives' page, indicating direct competition in the European mid-market.
- Pleo: Corporate cards, expense management, and AP automation for European SMBs. Competes with Fyorin in the European mid-market on cards, expense, and AP workflows.
- Airwallex: Global multi-currency business account and payments platform offering corporate cards, FX, AP/AR automation, and ERP integrations for SMBs and mid-market. Directly competes with Fyorin across nearly every product line and is explicitly listed as a comparison target on Fyorin's site.
- Tipalti: AP automation, global payments, and supplier management platform. Fyorin publishes a 'Tipalti alternatives' page, positioning itself against Tipalti on payables automation for finance teams.
- Moss: European corporate card and spend management platform with expense management and accounting integrations. Competes with Fyorin on the SMB/mid-market corporate card + expense stack in Europe.
- Revolut Business: Multi-currency business accounts with corporate cards, expense management, and FX for SMBs. Fyorin runs a 'Revolut alternatives' comparison page, indicating direct head-to-head competition for the same mid-market segment.
- Soldo: Multi-currency business accounts with corporate cards, expense management, and spend controls. Fyorin explicitly lists Soldo on its alternatives comparison page as a direct competitor.
Broad incumbents
- Kyriba: Enterprise treasury management platform with cash visibility, payments, and FX. Fyorin lists Kyriba on its comparison page, positioning against the established enterprise treasury incumbent—Fyorin targets the mid-market, Kyriba the enterprise, but the product category overlap is significant.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Fyorin social profiles
Digital presenceFyorin compliance and trust
Trust signalCompliance3 records
Fyorin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fyorin leadership team
Management profileNumber of profiles
Fyorin funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fyorin 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 Fyorin
What does Fyorin do?
Fyorin is a unified financial operations and treasury management platform for international digital businesses. It combines treasury management, accounts payable automation, accounts receivable solutions, and expense management (with corporate cards) into a single dashboard, providing 100% visibility of cash position across entities, accounts and currencies. The platform operates through a network of global financial institution partners, supports payments in 100+ currencies across 200+ countries, and integrates natively with leading ERP systems for automated reconciliation.
Is Fyorin a public or private company?
Fyorin is a private company. It is classified as unknown and is currently operating.
When was Fyorin founded?
Fyorin was founded in 2019. It employs 11 to 50 people.
Where is Fyorin based?
Fyorin is headquartered in Birkirkara, Malta, in the Europe region.
How does Fyorin make money?
Three revenue lines are on record. Platform Subscription and Transaction Fees are the primary driver. The others are FX and Currency Exchange and card Transaction Interchange.
Who are Fyorin's main competitors?
Direct peers on record are Brex, Wise Business, Payhawk, Pleo, Airwallex, Tipalti, Moss, Revolut Business and Soldo. Kyriba is listed as a broad incumbent.
Does Fyorin have an API?
Yes. Fyorin offers a PSD2 API Integration for Open Banking. The Open Banking API Integration package is available for download. Third-Party Providers (TPP) can access information on customer accounts held on the Fyorin Service, combine and display information with information from other account providers, provided the TPP is authorised by the FCA or another European regulator and explicit consent is given. Developer documentation is at fyorin.com/open-banking.
What industry is Fyorin in?
Fyorin's product category is Financial Operations and Treasury Management Platform. Its primary akta.pro industry code is FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments, with a secondary code of FSAGAJAG, Treasury, Cash Management & Liquidity (SME). Its NAICS code is 522320 and its SIC code is 6199.