ARYZE
ARYZE is a Danish fintech acting as a UK-focused Payment Service Provider. Its "Pay by Bank" product delivers account-to-account payments on Mastercard Open Banking rails, serving iGaming, crypto exchange, and e-commerce merchants seeking lower fees and reduced chargebacks versus cards.
- Company typePrivate
- Founded2017
- HeadquartersCopenhagen, Denmark
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What ARYZE does
ARYZE is a Danish fintech founded in 2017 in Copenhagen, operating as a Payment Service Provider (PSP) for UK merchants. The company's core product, Pay by Bank, is an account-to-account (A2A) payment solution built on Mastercard Open Banking Payment Rails that enables merchants to accept direct bank-authenticated payments instead of card-based transactions. It serves merchants in verticals with high payment volumes and acute sensitivity to card fees and chargebacks, specifically iGaming and betting operators, crypto exchanges, and e-commerce and digital services platforms, with a UK regulatory and banking footprint.
The technical stack combines a REST Payment API (JWT authentication, payment initiation and status endpoints, outbound webhooks, sandbox and live environments) and the Open Finance Payments Dashboard for merchant onboarding, KYB verification, and transaction monitoring. Regulated Payment Initiation Services in the UK are provided exclusively through Volt Technologies, an FCA-authorized Payment Institution, while KYC/KYB compliance automation is delivered through a partnership with Muinmos with global coverage. Beyond payments, ARYZE operates an ERC-20 RYZE Token and a Reforge V3 cross-chain bridge that were audited by Softstack GmbH in April 2026, and lists two development-stage products: Digital Cash (infrastructure for licensed institutions) and Stablecoin Factory (stablecoin deployment flow).
ARYZE monetizes via tiered flat fees per Pay by Bank transaction, positioning predictable unit economics against percentage-based card fees of 1.5-5%, with stated cost advantage emerging above approximately £35 average ticket size. Its go-to-market is API-first with self-serve developer documentation, a sandbox environment, and an interactive Savings Calculator, supplemented by direct sales to regulated merchants via demo booking. The company is privately held by founders, reports 1-10 employees, and has raised approximately $6 million across disclosed rounds in 2019, 2021, and May 2026.
ARYZE firmographics
Firmographics- Name
- ARYZE
- Legal name
- Aryze ApS
- Website
- https://aryze.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ARYZE is a Danish fintech acting as a UK-focused Payment Service Provider. Its "Pay by Bank" product delivers account-to-account payments on Mastercard Open Banking rails, serving iGaming, crypto exchange, and e-commerce merchants seeking lower fees and reduced chargebacks versus cards.
- Ownership category
- akta.pro rank
ARYZE industry classification
Industry- Product category
- Payment Processing / Open Banking Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
- akta.pro secondary industries
- Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB), ACH/Bank Transfer & Open Banking Payments (MPAEALAC), Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG)
Keywords
Where ARYZE is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
ARYZE business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others
Revenue model
- Transaction-based fees (Pay by Bank): Tiered flat fee per transaction model for Pay by Bank payments. Aryze charges predictable fixed fees per payment rather than percentage-based card fees, enabling merchants to forecast costs as volume grows.
- Tiered Flat Fee Pricing: Predictable unit economics with tiered fixed cost per transaction. Pricing scales with business volume rather than against it, with margins improving as transaction values grow.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Tiered flat fee per transaction |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
ARYZE product offering
Product offeringCore offering
ARYZE operates as a Payment Service Provider (PSP) for UK merchants, offering Pay by Bank — an account-to-account payment solution built on Mastercard Open Banking rails that enables real-time 24/7/365 settlement, tiered flat-fee pricing, and near-zero chargeback exposure. The offering is delivered through a RESTful Payment API, an Open Finance Payments Dashboard for merchant onboarding, KYB verification, transaction management, and a sandbox environment for integration testing. Target verticals are iGaming operators, crypto exchanges, and e-commerce platforms seeking to replace percentage-based card fees with predictable per-transaction pricing.
Product overview
ARYZE is a Danish fintech company founded in 2017 that operates as a Payment Service Provider (PSP) offering Pay by Bank solutions for UK merchants. The core product is Pay by Bank, an account-to-account payment solution built on Mastercard Open Banking rails, complemented by the ARYZE Payment API for developer integrations and the Open Finance Payments Dashboard for account and transaction management. A Savings Calculator tool helps merchants estimate cost savings. The product suite also includes planned offerings: Digital Cash (institutional digital cash infrastructure) and Stablecoin Factory (stablecoin deployment flow), both currently in development.
Differentiator
Problem solved
Functional benefit
Brands
- Pay by Bank: Account-to-account payment solution for UK merchants using Mastercard Open Banking payment rails, offering real-time payments, lower fees, and reduced chargeback exposure.
- Stablecoin Factory
- Digital Cash
Products and services
- Pay by Bank Account-to-account (A2A) payment solution enabling UK merchants to accept direct bank transfers via Mastercard Open Banking rails. Offers real-time payments 24/7/365, tiered flat fee pricing, near-zero chargebacks, and reduced fraud exposure compared to card payments. Targets iGaming operators, crypto exchanges, and e-commerce platforms.
- ARYZE Payment API REST API enabling developers to integrate Pay by Bank functionality into merchant platforms. Supports payment initiation, status tracking, webhook events, and access token management. Targets merchants and developers building payment-driven applications.
- Open Finance Payments Dashboard Web-based dashboard for managing merchant accounts, KYB verification, bank destinations, API keys, webhook configuration, and transaction monitoring. Provides sandbox and live environments for testing and production use.
Quantifiable outcome
- Near-zero chargebacks compared to legacy card payment models
- +3 more outcomes
Companies that use ARYZE
Customer profileSegments4 records
Ideal customer profiles3 records
ARYZE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature5 records
ARYZE partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- MuinmoscoreDanish FinTech Aryze partnered with Muinmos to enhance its compliance framework using automated KYC and KYB processes. Muinmos provides fully automated compliance solution with global coverage. The partnership ensures Aryze's compliance infrastructure can scale alongside its product innovation across multiple jurisdictions.
- MastercardcoreAryze leverages Mastercard Open Banking Payment Rails for expected reach, trust, and operational benchmarks. Mastercard Open Banking / Open Finance supports underlying connectivity and API infrastructure for payment and bank-connected use cases.
- Volt Technologies Holdings LimitedcoreVolt provides regulated Payment Initiation Services (PIS) for Aryze Pay by Bank in the UK. Volt is authorised and regulated by the Financial Conduct Authority as a Payment Institution. Volt is located at 42 Berners Street, London, W1T 3ND, United Kingdom.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
ARYZE competitors and assessment
Company assessmentDirect peers
- TrueLayer: TrueLayer is a leading UK A2A payment initiation platform enabling merchants to accept Open Banking payments. It is the most direct competitor to ARYZE's Pay by Bank offering, targeting the same UK merchant base with overlapping developer-first APIs and PIS infrastructure.
- Volt Technologies: Volt is ARYZE's regulated PIS partner and a major UK A2A payments platform in its own right. Volt directly competes with ARYZE for UK merchant Open Banking volumes and represents both a critical infrastructure dependency and a head-to-head competitor.
- Token.io: Token.io is a UK- and Europe-based A2A payment network that offers Open Banking payment initiation to merchants and banks. It competes directly with ARYZE in the UK Pay by Bank space with its own bank connectivity, API, and merchant integrations.
- Yapily: Yapily is a European Open Banking API platform connecting merchants and businesses to bank payment initiation. It targets a similar UK/European merchant audience as ARYZE with comparable API-first, developer-centric positioning in the A2A payment space.
- Trustly: Trustly is a European A2A payment network with strong iGaming and e-commerce penetration — precisely the verticals ARYZE targets. Trustly's scale and established merchant relationships in iGaming make it a key competitive benchmark for ARYZE's vertical expansion strategy.
- Modulr: Modulr is a UK Payments-as-a-Service provider offering A2A payments, direct debit, and account-to-account infrastructure to merchants and platforms. It competes in the UK payment processing space where ARYZE operates, with overlapping enterprise merchant customers.
Broad incumbents
- Stripe: Stripe is the global incumbent in online payment processing with broad card and emerging payment method support. Stripe's footprint in UK e-commerce and developer-first API approach make it a broad incumbent benchmark for ARYZE's PSP positioning, even though A2A is not its core product.
- Checkout.com: Checkout.com is a global PSP with strong UK and European presence serving iGaming, crypto, and e-commerce merchants. It is a broad incumbent competitor for ARYZE in regulated, payment-heavy verticals where card and alternative payment methods compete head-to-head.
- Plaid: Plaid is a global Open Banking connectivity and bank data platform with UK and European operations. While primarily a data/connectivity layer, Plaid competes with ARYZE in the UK A2A infrastructure space as a broader incumbent in Open Banking.
Emerging players
- Circle: Circle is a USDC issuer and stablecoin infrastructure provider that overlaps with ARYZE's planned Digital Cash and Stablecoin Factory product roadmap. While not a direct PSP competitor, Circle represents the tokenized-money and stablecoin opportunity that ARYZE's coming-soon products aim to address.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
ARYZE social profiles
Digital presenceARYZE financial estimates
Financial estimateRevenue estimate
Valuation estimate
ARYZE leadership team
Management profileNumber of profiles
Profiles7 records
ARYZE funding detail
Funding detailFunding overview
Funding rounds4 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ARYZE 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 ARYZE
What does ARYZE do?
ARYZE operates as a Payment Service Provider (PSP) for UK merchants, offering Pay by Bank — an account-to-account payment solution built on Mastercard Open Banking rails that enables real-time 24/7/365 settlement, tiered flat-fee pricing, and near-zero chargeback exposure. The offering is delivered through a RESTful Payment API, an Open Finance Payments Dashboard for merchant onboarding, KYB verification, transaction management, and a sandbox environment for integration testing. Target verticals are iGaming operators, crypto exchanges, and e-commerce platforms seeking to replace percentage-based card fees with predictable per-transaction pricing.
Is ARYZE a public or private company?
ARYZE is a private company. It is classified as unknown and is currently operating.
When was ARYZE founded?
ARYZE was founded in 2017. It employs 1 to 10 people.
Where is ARYZE based?
ARYZE is headquartered in Copenhagen, Denmark, in the Europe region.
How does ARYZE make money?
Two revenue lines are on record. Transaction-based fees (Pay by Bank) is the primary driver. The others are tiered Flat Fee Pricing.
Who are ARYZE's main competitors?
Direct peers on record are TrueLayer, Volt Technologies, Token.io, Yapily, Trustly and Modulr. Broad incumbents are Stripe, Checkout.com and Plaid. Circle is listed as an emerging player.
Does ARYZE have an API?
Yes. RESTful Payment API for initiating and managing account-to-account payments via Mastercard Open Banking. Provides endpoints for authentication (POST /v1/auth/token), payment initiation (POST /v1/payments/initiate), payment status retrieval (GET /v1/payments/{transactionId}), and outbound webhook events for payment status updates. Uses JWT Bearer token authentication with 60-minute token expiry. Rate limits: 10 requests/minute for auth, 100 requests/minute for payment endpoints. Supports sandbox and live environments via the same base URL (environment determined by API key). Base URL: https://payment-api.openfinance.aryze.io, versioned under /v1. Developer documentation is at docs.aryze.io.
What industry is ARYZE in?
ARYZE's product category is Payment Processing / Open Banking Infrastructure. Its primary akta.pro industry code is FSAMAFAF, A2A Checkout & Merchant Acceptance Solutions, with a secondary code of FSAMABAA, Integrated Payment Processors (PSP/Acquirer). Its NAICS code is 522320 and its SIC code is 6199.