Request
Request is a decentralized, non-custodial stablecoin payment protocol that enables wallet-to-wallet transfers across seven chains for iGaming operators, SaaS businesses, PSPs, and crypto-native merchants, charging 0.25–0.45% per transaction with no monthly or setup fees.
- Company typePrivate
- Founded2017
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Request does
Request Network is a decentralized, non-custodial stablecoin payment protocol operated by the Request Network Foundation, a Swiss Stiftung registered in Zug, Switzerland. Founded in 2017 and incubated at Y Combinator, the protocol enables wallet-to-wallet stablecoin payments across seven chains (Ethereum, BNB, Tron, Base, Polygon, Arbitrum, Optimism), covering an estimated 95% of global stablecoin supply through a single integration. The core product suite comprises Accept Crypto (payment acceptance via secure payment pages and APIs), Send Crypto (single and mass payouts with automatic bridging and token swapping), the Request Network Dashboard for transaction management, and the Request Network API for programmatic access. Supporting modules include Wallet Screening (KYT) powered by Hypernative and Merkle Science, and automated cross-chain bridging and swapping that abstracts chain and token choice from both payers and recipients. The platform supports 588 wallet types and uses payment references and invoice numbers embedded in transactions to enable proactive reconciliation rather than reactive matching.
Revenue is generated exclusively through per-transaction fees of 0.25% for base processing or 0.45% flat when compliance wallet screening is enabled, with no monthly platform fees, setup fees, or minimum volume requirements. Distribution is primarily self-serve and product-led: users connect a wallet to the dashboard or integrate via API/SDK without contract reviews. GTM concentrates on developer documentation, SEO-driven blog content, AI-coding-assistant integration guides, and partner channels (notably Kryptos for Coinbase Commerce migration, iGaming white-label providers, and PSPs). Target customer segments are iGaming operators with high-volume cross-chain deposit needs, online SaaS businesses serving underbanked or crypto-preferring users, payment service providers and white-label platforms adding crypto acceptance, and crypto-native businesses already operating in Web3.
The foundation is community-funded via the REQ token and operates as a permissionless, open-source protocol rather than a corporate PSP. Leadership includes CEO Tristan Wallaert (previously led payments and finance teams at Uber, Grab, and Groupon) and Chairman Christophe Lassuyt. Cumulative stablecoin volume processed through the protocol exceeds $2 billion since inception.
Request firmographics
Firmographics- Name
- Request
- Legal name
- Request Network Foundation
- Website
- https://request.network
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Request is a decentralized, non-custodial stablecoin payment protocol that enables wallet-to-wallet transfers across seven chains for iGaming operators, SaaS businesses, PSPs, and crypto-native merchants, charging 0.25–0.45% per transaction with no monthly or setup fees.
- Ownership category
- akta.pro rank
Request industry classification
Industry- Product category
- Decentralized Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF)
- akta.pro secondary industries
- Cross-Chain Bridging & Interoperability for Stablecoins (FSADADAH), On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Interchain Routing & Intent Networks (solvers, relayers, pathfinding) (FSAPAKAD)
Keywords
Where Request is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Request business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Transaction Fees: Fees charged per transaction on stablecoin payments processed through the protocol. Starting at 0.25% per transaction for base processing, with an additional 0.2% for wallet screening included, bringing the flat fee to 0.45% when compliance features are enabled. No monthly platform fees, no upfront setup fees, and no minimum sales volume.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Base Processing |
| Transaction based/ take rate | Pay-as-you-go | Base + Wallet Screening |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Request product offering
Product offeringCore offering
Request Network is a decentralized, non-custodial stablecoin payment protocol that enables wallet-to-wallet transfers across multiple blockchains without intermediaries. Its core offering consists of two integrated products — Accept Crypto (for collecting payments) and Send Crypto (for disbursements) — accessible through a unified Dashboard and API. The protocol abstracts cross-chain bridging and token swapping so a single integration covers approximately 95% of global stablecoin supply across seven chains, with optional pre-transaction wallet screening for compliance.
Product overview
Request Network is a decentralized stablecoin payment protocol developed by a Swiss foundation since 2017. The core offering consists of two integrated products: Accept Crypto (for collecting payments) and Send Crypto (for disbursements), both accessible through a unified Dashboard and API. The platform enables wallet-to-wallet stablecoin transactions across seven chains (Ethereum, BNB, Tron, Base, Polygon, Arbitrum, and Optimism) reaching 95% of global stablecoin supply. Key modules include Cross-Chain Bridging & Swapping for abstracting multi-chain complexity, and Wallet Screening (KYT) powered by Hypernative and Merkle Science for compliance. Over $2 billion has been processed through the protocol.
Differentiator
Problem solved
Functional benefit
Products and services
- Accept Crypto (Payments) Stablecoin payment platform enabling businesses to accept crypto deposits globally through a single decentralized protocol with secure payment pages, wallet screening, and direct wallet-to-wallet settlement.
- Send Crypto (Payouts) Stablecoin payment platform enabling users to send single or mass payouts globally from a single wallet across multiple EVM chains and Tron with automatic bridging and token swapping.
- Request Network Dashboard Web-based interface for managing incoming and outgoing crypto payments, creating payment requests, tracking transactions, and managing recipient preferences and compliance settings.
- Request Network API Programmatic API providing access to create and manage blockchain-based payment requests, off-ramp flows, and cross-chain payments with webhooks for transaction notifications.
- Wallet Screening (KYT) Compliance add-on allowing businesses to screen payer and recipient wallets before transactions execute, powered by integrations with Hypernative and Merkle Science, to prevent exposure to high-risk wallets, frozen assets, and blacklisted addresses.
Quantifiable outcome
- $2 billion+ in stablecoin volume processed through the protocol since inception
- +4 more outcomes
Companies that use Request
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Request technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
Request partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Merkle SciencecoreMerkle Science was integrated as an additional wallet screening provider on the Request Network protocol, expanding compliance capabilities alongside existing provider Hypernative. Merkle Science provides blockchain analytics and crypto compliance solutions including wallet screening, transaction monitoring, and risk intelligence, enabling businesses to screen wallets with greater confidence and reduce exposure to high-risk activity while scaling on-chain payments.
- HypernativecoreHypernative provides pre-transaction wallet screening on the Request Network protocol for iGaming operators, connecting natively with market-standard policies to identify and restrict high-risk funds before they reach recipients. The integration helps operators avoid frozen assets and blacklisted wallets. Hypernative monitors over $100B in digital assets across 70+ chains for 300+ clients.
- KryptoscoreKryptos and Request Network partnered to offer a complete migration path for Coinbase Commerce users. Kryptos handles accounting, tax, and compliance (5,000+ integrations, SOC 1 and SOC 2 Type II certified) while Request Network handles crypto payments. Together they provide a full crypto finance operating system. Sukesh Tedla, Founder & CEO of Kryptos, is quoted directly promoting the migration.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Request competitors and assessment
Company assessmentDirect peers
- BTCPay Server: BTCPay Server is an open-source, self-hosted crypto payment processor. It shares Request's non-custodial philosophy and merchant-focused use case, though it requires self-hosting rather than offering a managed protocol.
- Coinbase Commerce: Coinbase Commerce was a direct competitor enabling merchants to accept crypto payments. Coinbase announced its shutdown on March 31, 2026, turning it into Request's primary migration source.
- BitPay: BitPay is one of the largest crypto payment processors, enabling merchants to accept Bitcoin and stablecoins. It is the closest direct competitor in stablecoin payment processing for merchants, though it operates as a custodial processor.
- Alchemy Pay: Alchemy Pay is a crypto payment gateway supporting both on-ramp and off-ramp flows across multiple chains. It directly competes with Request in enabling merchants to accept stablecoin payments globally.
- Transak: Transak provides fiat-to-crypto on-ramp and payment infrastructure for Web3 applications. It overlaps with Request in enabling global stablecoin acceptance for merchants and dApps.
Broad incumbents
- Circle (USDC Payment APIs): Circle is the issuer of USDC and offers payment APIs that enable merchants to accept stablecoin payments. As a regulated stablecoin issuer with deeper capital and licensing, it competes broadly in the same rails category.
- Stripe (Crypto Payments): Stripe has re-entered crypto payments with stablecoin support. As a dominant global payment incumbent, it competes with Request for merchant payment volume and is actively targeting the Coinbase Commerce migration window.
- Fireblocks: Fireblocks is an institutional digital asset custody and payment infrastructure platform. While primarily custodial, it competes in the broader stablecoin payment and treasury management category that Request targets.
Emerging players
- Wormhole: Wormhole is a cross-chain messaging and bridging protocol. Request uses similar cross-chain infrastructure to abstract bridging for stablecoins; Wormhole is a potential underlying dependency and a competitive protocol in cross-chain settlement.
- Across Protocol: Across is a cross-chain bridging protocol focused on fast, intent-based transfers. It overlaps with Request's cross-chain payout functionality and could serve as a bridging layer underneath or alongside Request.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Request social profiles
Digital presenceRequest compliance and trust
Trust signalCompliance1 record
Request financial estimates
Financial estimateRevenue estimate
Valuation estimate
Request leadership team
Management profileNumber of profiles
Profiles2 records
Request funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Request M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Request
What does Request do?
Request Network is a decentralized, non-custodial stablecoin payment protocol that enables wallet-to-wallet transfers across multiple blockchains without intermediaries. Its core offering consists of two integrated products — Accept Crypto (for collecting payments) and Send Crypto (for disbursements) — accessible through a unified Dashboard and API. The protocol abstracts cross-chain bridging and token swapping so a single integration covers approximately 95% of global stablecoin supply across seven chains, with optional pre-transaction wallet screening for compliance.
Is Request a public or private company?
Request is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Request founded?
Request was founded in 2017. It employs 1 to 10 people.
Where is Request based?
Request is headquartered in Singapore, Singapore, in the Asia region.
How does Request make money?
One revenue line is on record: transaction Fees.
Who are Request's main competitors?
Direct peers on record are BTCPay Server, Coinbase Commerce, BitPay, Alchemy Pay and Transak. Broad incumbents are Circle (USDC Payment APIs), Stripe (Crypto Payments) and Fireblocks. Emerging players are Wormhole and Across Protocol.
Does Request have an API?
Yes. The Request Network API provides programmatic access to create and manage blockchain-based payment requests, off-ramp flows, and cross-chain payments. It includes SDKs, developer documentation, webhooks, and integration capabilities. API access may be subject to KYB checks and integration eligibility verification. Services are provided as-is without an SLA, available 24/7 on a best-effort basis. Developer documentation is at docs.request.network.
What industry is Request in?
Request's product category is Decentralized Payment Infrastructure. Its primary akta.pro industry code is FSADADAF, Stablecoin Payment Rails & Settlement Networks (Issuer-Led), with a secondary code of FSADADAH, Cross-Chain Bridging & Interoperability for Stablecoins. Its NAICS code is 522320 and its SIC code is 6200.