What Innovative Payment Solutions does

Innovative Payment Solutions, Inc. (IPSI; OTCQB: IPSI) is a Nevada-incorporated, publicly traded fintech building a multi-rail payments and integrated finance platform that combines credit, debit, real-time bank-to-bank, and cryptocurrency payment processing with earned wage access (CIXOR PayDay), merchant liquidity (CIXOR CashDay), instant payments (CIXOR PayNow), a neo-banking stack (OCEANUS), BNPL (iPayLater), and core banking software (ECORU). The company's strategic emphasis is on regulated and underserved verticals — cannabis payments, online gaming, sports betting, and the U.S.–Mexico cross-border corridor — where traditional processors face access or compliance friction. Distribution is delivered through channel and partnership relationships, including Payzli, TabaPay, and the April 2026 FINAP USA joint venture with FINAP Worldwide, which holds exclusive North American commercialization rights to the FINAP technology portfolio.

The business model is primarily transaction- and fee-based across payment processing, BNPL merchant fees, earned wage access, and merchant liquidity, supplemented by subscription-style revenue from the Astria Insurance Solutions Inc. (AIS) insurance-marketing SaaS subsidiary formed in March 2026 and by core banking software licensing. Pricing is not publicly disclosed and operates on a quote-based B2B basis through channel partners. Monetization is at an early stage: AIS generated its first SaaS revenue in March/April 2026 under a Marketing & Services Agreement, and merchant payment products launched in November 2025 had not yet reported disclosed live transactions at the time of the inputs. The company employs 11–50 staff and has raised approximately $6.75M across three funding events, with no recent equity round disclosed; its corporate website (innovatepaysolve.com) is currently parked, which is a material go-to-market credibility concern that the financial and strategic disclosures do not offset.

Name

Innovative Payment Solutions

Legal name

Innovative Payment Solutions, Inc.

Website

https://innovatepaysolve.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Innovative Payment Solutions (OTCQB: IPSI) is a Nevada fintech building multi-rail payment, neo-banking, BNPL, and crypto-enabled payment infrastructure for cannabis, gaming, sports betting, and U.S.–Mexico corridor merchants, distributed through partnerships including Payzli, TabaPay, and the FINAP USA joint venture.

Ownership category

akta.pro rank

Product category

Digital Payments Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Cross-border Payments & FX for E-commerce (CRAFALAF), ACH/Bank Transfer & Open Banking Payments (MPAEALAC), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)

Keywords

• Digital payments platform
• Cross-border payments
• Cryptocurrency payments
• Core banking software
• Payment processing services

Headquarters

HQ city

Zapopan

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Insurance SaaS Revenue: Astria Insurance Solutions Inc. (AIS), a wholly-owned subsidiary, generates SaaS revenue under Marketing & Services Agreements with insurance marketing platforms, marking the beginning of IPSI's monetization phase in the insurance sector.
2. Earned Wage Access: CIXOR PayDay product provides earned wage access services, generating revenue through transaction fees or subscription models for employers and employees accessing wages early.
3. Merchant Liquidity Solutions: CashDay and merchant liquidity solutions provide working capital to merchants, generating revenue through interest or fee arrangements.
4. Neo-Banking Services: Full-stack neo-banking platform (OCEANUS) serving retail and business customers with digital banking services, generating revenue through account fees, transactions, and lending products.
5. BNPL Services: iPayLater buy-now-pay-later service generates revenue through merchant fees and consumer installment interest.
6. Payment Processing: Core payment rails covering credit, debit, real-time bank-to-bank, and cryptocurrency transactions for merchants, generating transaction-based fees.
7. Core Banking Software Licensing: ECORU Core Banking software licensed to financial institutions for their backend operations.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels2 records

Core offering

Innovative Payment Solutions (IPSI) is a fintech and digital payments company that develops and operates an integrated suite of payment platforms, including real-time cross-border payment rails, cryptocurrency payment infrastructure, earned wage access (CIXOR PayDay), merchant liquidity solutions (CIXOR CashDay), instant payments (CIXOR PayNow), BNPL (iPayLater), neo-banking (OCEANUS), core banking software (ECORU), and an insurance marketing SaaS platform through subsidiary Astria Insurance Solutions.

Product overview

Innovative Payment Solutions (IPSI) offers a diversified fintech ecosystem comprising multiple interconnected products and platforms. The portfolio includes FINAP USA's CIXOR suite (PayDay, CashDay, PayNow) for earned wage access and instant payments, the OCEANUS integrated banking platform, ECORU Core Banking software, and iPayLater BNPL services. The company also provides insurance services through its Astria Insurance Solutions subsidiary, and offers cryptocurrency and cross-border payment rails for underserved corridors like the U.S.–Mexico market. The product architecture combines proprietary platforms with strategic partnerships (Payzli, TabaPay) to deliver a full spectrum of payment services covering credit, debit, real-time bank-to-bank, and crypto payment rails.

Differentiator

Problem solved

Functional benefit

Brands

• CIXOR PayDay: Product in FINAP's proprietary fintech technology portfolio
• CIXOR CashDay
• CIXOR PayNow
• OCEANUS
• iPayLater
• ECORU Core Banking

Products and services

• Next-Generation Payment Products and Solutions Full-spectrum payment processing offering for merchants covering credit, debit, real-time bank-to-bank, and cryptocurrency payment rails, leveraging partnerships with Payzli and TabaPay.
• CIXOR PayDay Earned wage access product enabling employees to access their earned wages before scheduled paydays.
• CIXOR CashDay Cash advance or merchant liquidity solution providing short-term access to funds.
• CIXOR PayNow Instant payment solution enabling real-time fund transfers.
• OCEANUS Integrated financial technology platform for banking and payments operations.
• iPayLater Buy Now, Pay Later (BNPL) service allowing consumers to pay for purchases in installments.
• ECORU Core Banking Core banking software system providing foundational banking infrastructure and account management capabilities, licensed to financial institutions.
• Cryptocurrency Payments Digital currency payment rail enabling crypto-enabled transactions for merchants.
• Real-Time Cross-Border Payments Cross-border payment solution targeting underserved markets such as the U.S.-Mexico corridor and online gaming sectors.
• Closed-Loop Payments Proprietary payment system where funds circulate within a controlled network without external banking involvement.
• Astria Insurance Solutions Platform SaaS-based insurance marketing and services platform operated by Astria Insurance Solutions Inc. (AIS), a wholly-owned subsidiary, enabling insurance distribution and lead generation.

Named customers1 record

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• FINAP WorldwidecoreStrategic or Co-development Partner · 28 April 2026Innovative Payment Solutions and FINAP Worldwide completed formation of FINAP USA, Inc., a jointly owned entity granted exclusive rights to market and commercialize FINAP's proprietary fintech technology portfolio across North America. The venture combines IPSI's U.S. payment infrastructure and banking access with FINAP's internationally deployed financial technology platforms including earned wage access, merchant liquidity solutions, closed-loop payments, neo-banking, BNPL, and core banking software.
• Payzli.comflagshipGTM or Marketing Partner · 31 March 2026Partnership ecosystem expansion including neobanking, earned wage access, consumer lending products, and micro-lending solutions. VP Jackie Martine leads the expansion of IPSI's fintech ecosystem through this and other partnerships.
• PayzlicoreTechnology or Integration · 12 November 2025Strategic partnership with Payzli to launch full spectrum of payment products and services for merchants, covering credit, debit, real-time bank-to-bank, and cryptocurrency payment rails. The partnership was part of IPSI's transition from development to deployment phase.
• TabaPaycoreTechnology or Integration · 12 November 2025Partnership with TabaPay providing payment processing capabilities and bank connectivity as part of the product launch covering multiple payment rails including credit, debit, real-time bank transfers, and cryptocurrency.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Aeropay: Aeropay is a specialized cannabis and high-risk payments processor, directly comparable to IPSI's cannabis payments vertical focus.
• Trust Payments: Trust Payments provides merchant acquiring and cross-border payment processing with high-risk verticals support (gaming, FX), aligning with IPSI's gaming and cross-border focus.
• Dwolla: Dwolla provides account-to-account (A2A) and real-time bank transfer infrastructure, directly comparable to IPSI's real-time bank-to-bank and CIXOR PayNow instant payment rails.
• Payabli: Payabli is a payment orchestration and embedded payments platform for software companies, similar in approach to IPSI's OCEANUS platform for integrated finance and merchant payment services.
• Finix: Finix is a payments infrastructure provider enabling software platforms to embed payment processing, comparable to the embedded finance and BaaS-style offerings IPSI is pursuing through OCEANUS and ECORU.

Broad incumbents

• PayPal: PayPal provides merchant payment processing, BNPL (Pay in 4), and crypto buying/selling — overlapping broadly with IPSI's credit/debit processing, BNPL (iPayLater), and cryptocurrency payment rails.
• Block (Square): Block operates Square seller payments, Cash App, and Bitfury crypto infrastructure, broadly overlapping IPSI's merchant processing, BNPL (via Afterpay), and crypto payment capabilities at much larger scale.

Direct peers

• Nuvei: Nuvei is a Canadian payment processor with strong cross-border and Latin America capabilities, similar to IPSI's U.S.–Mexico corridor focus. It also serves regulated verticals and offers crypto-enabled payment options, making it a closely comparable direct peer.
• dLocal: dLocal is a cross-border payments platform focused on emerging markets, with deep Latin America coverage including Mexico. Comparable to IPSI's cross-border and U.S.–Mexico remittance corridor strategy.
• Marqeta: Marqeta is a modern card issuing and payment processing platform that powers fintech programs, similar in infrastructure-style offering to IPSI's OCEANUS and ECORU Core Banking platforms.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/IpsiPay
• Facebookfacebook.com/InnovativePYMT

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Innovative Payment Solutions