borderless

What borderless does

borderless, operating as borderless LLC and headquartered in Louisville, Kentucky, is a regulated cross-border payouts fintech that provides a Global Payouts API enabling businesses, marketplaces, and platforms to pay recipients across 190+ countries. The company targets use cases including contractor and vendor payouts, marketplace seller disbursements, creator/influencer payments, gig-worker compensation, music royalty distributions, esports/gaming prize payouts, and beverage industry supply-chain settlements. Its platform supports multi-currency balances in 35+ currencies (USD, GBP, EUR, CAD, MXN, CHF, SGD, HKD, and others) and delivers funds via recipient-chosen local rails including bank accounts, debit cards, PayPal, and Venmo. Named enterprise customers include ACI (Technology), Unity (Gaming), GoPuff (Delivery/Retail), Lenderfit (Financial Services), and UJV.

Name

borderless

Legal name

borderless LLC

Website

https://getborderless.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

borderless, a Louisville-based fintech operating borderless LLC, provides a Global Payouts API that enables businesses and platforms to pay contractors, vendors, marketplace sellers, and creators across 190+ countries in 35+ currencies via multi-rail smart infrastructure spanning ACH, SEPA, RTP, FedNow, SWIFT, and major e-wallets.

Ownership category

akta.pro rank

Product category

Cross-Border Payments API / Global Payouts Infrastructure

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC)

akta.pro secondary industries

Cross-Border & Multi-Currency Gateway Services (FSAMACAI), Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH), Cross-Border A2A & Bank Transfer Networks (FSAMAIAF), Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG)

Keywords

• Global payouts API
• Cross-border payments
• Marketplace payouts
• Multi-rail payment infrastructure
• Contractor vendor payments

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Fees: Flat fees per transaction for global payouts. Simple and transparent pricing with fees shown upfront before payment execution. Fees vary by destination country and payment method.
2. Foreign Exchange Conversion: Currency conversion using borderless exchange rates when funds are converted in the account. Exchange rate includes a currency conversion spread on the date of conversion.
3. API Access Packages: Custom API packages for high-volume enterprise customers. Quote-based pricing for businesses sending over $100,000 in monthly payouts.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

borderless operates a Global Payout API platform that enables businesses to pay contractors, vendors, marketplace sellers, creators, and gig workers across 190+ countries in local currency via local payment rails. The platform unifies SEPA, BECS, ACH, RTP, FedNow, SWIFT, card networks (VISA/MasterCard), PayPal, and Venmo under one multi-rail infrastructure, supports multi-currency balances in 35+ currencies, and embeds KYC compliance and customizable approval workflows.

Product overview

borderless is a global payout platform that enables businesses to pay contractors, vendors, marketplace sellers, and partners worldwide across 190+ countries. The platform operates as a multi-rail smart infrastructure connecting local payment rails (SEPA, BECS, ACH, RTP, FedNow), e-wallet transfers, and SWIFT under one unified system. The core product portfolio consists of four main solutions: Global Pay for contractor and vendor payouts; Marketplace for marketplace seller payouts via API; Partner for embedded payments enabling partners to issue virtual accounts and wallets; and Disburse for batch disbursements and settlements. The Global Payout API serves as the developer-facing product layer, allowing platforms to embed payout flows with no-code, low-code, or fully customizable API options. The platform supports multiple payout methods including bank accounts, cards, PayPal, and Venmo, and offers multi-currency capabilities holding funds in 35+ currencies.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Pay A solution for simplifying vendor and contractor global payments, enabling businesses to pay contractors and vendors worldwide with multiple payout methods including bank accounts, cards, and digital wallets.
• Marketplace A marketplace payout API solution that enables fast seller onboarding, automated payouts, global coverage, and supports embedded, hosted, or custom API onboarding experiences with multiple payment processors.
• Partner An embedded payments solution for partners that enables issuing global accounts for customers, connecting to global payment infrastructure, and offering virtual accounts and wallets through a white-label app or fully customizable API.
• Disburse A disbursement solution for sending global disbursements to multiple payout methods, resolving claims, and fully branding the disbursement experience with batch payout processing via API or CSV upload.
• Global Payout API A developer-facing API for embedding payout flows and automation into platforms, supporting no-code and low-code solutions with customizable payment approval flows and multi-tier limits.

Named customers5 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• Yodlee, Inc.coreTechnology or IntegrationBank data aggregation and verification service provider. Yodlee accesses third-party financial institution accounts on behalf of borderless users to retrieve account information for the Services, including bank transaction data aggregation and account verification. Users grant borderless and Yodlee permission to access their financial information.
• Associated Foreign Exchange, Inc. (AFEX)coreTechnology or IntegrationInternational currency exchange and transfer services. Personal and financial information is transferred, stored, and processed by AFEX in connection with international payment services.
• MoneycorpcoreTechnology or IntegrationProcessor for international payment services. Terms of Service agreement in place for payment processing.
• NiumcoreTechnology or IntegrationPayment processor partner for global payment services. Licensed processor for payment processing.
• LightsparkcoreTechnology or IntegrationPayment processor for bitcoin/Lightning network payments. End user terms agreement in place.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tipalti: Tipalti provides global payables automation and mass payouts to contractors, vendors, and creators through APIs, with built-in KYC/tax compliance. It directly mirrors borderless's core Global Pay and Marketplace products for global contractor/marketplace payouts.
• Payoneer: Payoneer is a cross-border payments platform serving freelancers, marketplaces, and SMBs with multi-currency accounts and mass payouts — the same B2B2C cross-border payout use cases borderless targets, including marketplace and creator economy flows.
• dLocal: dLocal provides cross-border payment processing focused on emerging markets via local rails across LATAM, Africa, and Asia — overlapping with borderless's local-rail smart routing and emerging market coverage strategy.
• Nium: Nium is a licensed global payments network offering real-time cross-border payouts, multi-currency wallets, and B2B payout infrastructure — both a partner and direct competitor to borderless in global payout rails and multi-currency APIs.
• Remitly: Remitly operates cross-border money transfer and payout services with extensive global corridor coverage, including gig economy and remittance payouts — adjacent to borderless's marketplace and creator economy use cases.

Emerging players

• Circle: Circle provides USDC/stablecoin-based cross-border payments and treasury infrastructure; Lightspark is a borderless partner. Circle represents the emerging stablecoin rail layer competing for the same cross-border payout economics.

Broad incumbents

• Stripe Connect: Stripe Connect enables platforms and marketplaces to send payouts to sellers and service providers globally with built-in KYC and multi-currency support — directly competing with borderless's Marketplace and Partner solutions from the broader Stripe platform.
• Hyperwallet (PayPal): Hyperwallet, owned by PayPal, provides mass payout solutions to marketplaces and platforms globally with integrated compliance and multi-method delivery — overlapping with borderless's Global Pay and Disburse offerings at the enterprise tier.
• Wise (Business): Wise Business offers multi-currency accounts and cross-border payments to SMBs and enterprises. While broader than borderless, its mass payouts/transfer product competes head-on in cross-border B2B payouts with local rail delivery.

Regional players

• Bitso: Bitso is a LATAM-focused digital asset and cross-border payments platform operating rails across Mexico, Argentina, and Brazil — comparable on local-rail cross-border payouts within a regional scope borderless also targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/getborderless
• YouTubeyoutube.com/channel/UCTMG0yXkPNyemaOED7La8KA
• LinkedInlinkedin.com/company/getborderless
• Instagraminstagram.com/getborderless

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

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 borderless