What XanderPay does

XanderPay is a private, US-incorporated fintech (XanderPay Inc.) that provides payment orchestration and reconciliation infrastructure purpose-built for the hospitality industry. The company's platform is composed of three core products: XanderPay Core, a centralized remittance engine for above-property processing of VCC and consumer card payments; BTG+ (Bank Transfer Guarantee), an insured alternative to card-based guarantees that is designed to cut B2B payment costs materially; and Hotel R&R (Hotel Remittance and Reconciliation), which centralizes cross-property payment flows and automates reconciliation with PMS and PSP systems. The platform supports 140 currencies across 100+ countries and is positioned to address fragmented, multi-property, cross-border B2B payment operations that are common in hotel groups and OTA-distribution ecosystems.

The company sells primarily to hotel brands and hotel groups, online travel agencies (OTAs), and travel distributors/suppliers through enterprise field sales and partnership-led distribution, including technology-partner integrations with CellPoint Digital, TerraPay, and DerbySoft. Pricing combines a publicly disclosed $599/month XanderPay Core subscription tier with quote-based enterprise pricing for larger deployments, supplemented by transaction-related economics on B2B payment flows. The company maintains active memberships and sponsorships across HEDNA, AHLA, HTNG, NGLCC, and OPA, and its stated origin traces to the HEDNA Global Hospitality Payment working group formed by hoteliers in 2015.

XanderPay operates with 11–50 employees from a West Hollywood, California headquarters, is founder-led (Mike Carlo, Founder/CEO), and has not disclosed any external funding rounds, acquisitions, or M&A activity in the available source material. Its Terms of Service references AI-driven analytics and predictive modeling as supporting capabilities, but no proprietary AI models, patents, or dedicated AI/ML hires are disclosed. Recent strategic emphasis has been on accelerating distribution through high-profile 2025 partnerships rather than on raising external capital or expanding headcount aggressively.

Name

XanderPay

Legal name

XanderPay Inc.

Website

https://xanderpay.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

XanderPay provides payment orchestration and reconciliation infrastructure for the hospitality industry. Its platform serves hotel brands, OTAs, and travel distributors with above-property remittance, BTG+ bank-transfer guarantees, and cross-border processing across 140 currencies and 100+ countries.

Ownership category

akta.pro rank

Product category

Hospitality Payment Solutions

NAICS

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

SIC

Finance Services (6199), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

B2B Travel Credit, Invoice & Settlement Solutions (THALAHAD)

akta.pro secondary industries

Corporate Travel Payments (Virtual Cards, Lodge Cards, Reconciliation) (THALANAE), Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE), Cross-Border FX, Multi-currency Settlement & Dynamic Currency Conversion (THACAJAF), Corporate Billing, Statements, Chargeback & Dispute Management (THACAJAJ)

Keywords

• Hospitality payment platform
• Payment orchestration
• Cross-border payments
• Hotel reconciliation software
• B2B payment solutions

Headquarters

HQ city

West Hollywood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Platform/Subscription Fees: XanderPay Core platform appears to be sold as a subscription product at $599 per month based on pricing page. The platform provides centralized remittance, payment orchestration, and reconciliation services for hotel brands.
2. BTG+ Transaction Savings: Hotels save up to 93% of B2B payment costs by using BTG+ alternative payment method instead of traditional card-based guarantees. The cost savings for hotels represent the value proposition; revenue may come from transaction fees or subscription to the platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

XanderPay sells a hospitality-focused payment orchestration and reconciliation platform that centralizes B2B payment flows for hotel brands above-property while ensuring each individual hotel is paid quickly, securely, and locally. Its product suite includes XanderPay Core (centralized remittance), BTG+ (Bank Transfer Guarantee) as an insured alternative to card-based guarantees on third-party bookings, and Hotel R&R (Hotel Remittance and Reconciliation) for cross-border transaction management across 140 currencies and 100+ countries.

Product overview

XanderPay is a unified payment ecosystem platform built specifically for hospitality. The platform comprises XanderPay Core as the central orchestration and reconciliation engine, supported by two core products: BTG+ (Bank Transfer Guarantee) for secure bank transfer guarantees on third-party bookings, and Hotel R&R (Remittance and Reconciliation) for centralized above-property payment processing. The ecosystem supports 140 currencies across 100+ countries and integrates cross-border payment capabilities, reconciliation automation, and PSP partnerships to serve hotels, OTAs, and travel distributors.

Differentiator

Problem solved

Functional benefit

Products and services

• XanderPay Core

Quantifiable outcome

• Hotels save up to 93% of their B2B payments by using BTG+ alternative payment method
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• DerbySoftcoreTechnology or Integration · 21 October 2025Strategic partnership with DerbySoft to expand payment options for Exchange partners. Through this collaboration, DerbySoft Exchange partners can access flexible payment solutions powered by XanderPay, including Virtual Credit Cards (VCCs) and Bank Transfer Guarantee+ (BTG+). This integration enables more streamlined and secure payment processing for hotels, travel sellers, and technology partners.
• TerraPaycoreTechnology or Integration · 25 August 2025XanderPay partnered with TerraPay to launch the first payment model purpose-built for hotel brands and property owners. This collaboration enables hotels to accept global and local payment methods while streamlining cross-border B2B payments, modernizing hotel financial operations, and reducing reliance on legacy systems.
• CellPoint DigitalcoreStrategic or Co-development Partner · 29 July 2025CellPoint Digital and XanderPay announced a joint product agreement to deliver an integrated payment orchestration and reconciliation platform tailored for the hotel industry. This collaboration enhances CellPoint Digital's existing platform with XanderPay's specialized capabilities in remittance and reconciliation, offering hotel brands and property owners a seamless, end-to-end payment solution.
• HEDNA (Hotel Electronic Distribution Network Association)minorOthersXanderPay is a member and sponsor of HEDNA. The company originated from HEDNA Global Hospitality Payment working group discussions. XanderPay team members actively participate in HEDNA events including conferences and webinars.
• AHLA (American Hotel & Lodging Association)minorOthersPartner logo displayed on XanderPay website. AHLA is a trade association representing the hotel industry.
• HTNG (Hospitality Technology Next Generation)minorOthersPartner logo displayed on XanderPay website. HTNG is a hospitality technology industry association.
• NGLCC (National LGBT Chamber of Commerce)minorOthersPartner logo displayed on XanderPay website. NGLCC is a business advocacy organization.
• OPA (Open Payment Alliance)minorOthersXanderPay participates in OPA initiatives. The company has written about leveraging OPA to optimize costs, streamline payments, and regenerate trust in the hospitality industry.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• CellPoint Digital: CellPoint Digital provides payment orchestration for the travel and hospitality sector, making it a directly comparable platform to XanderPay's Core orchestration and reconciliation engine. The two companies are also joint product partners as of July 2025.
• Trust My Travel: Trust My Travel offers trust accounts and payment solutions tailored to the travel industry, including B2B booking guarantees and supplier payments, overlapping with XanderPay's BTG+ and reconciliation offerings. It is also a listed XanderPay partner.
• Planet Payment: Planet provides hospitality-focused payment acceptance, DCC, and reconciliation services for hotels and OTAs globally, placing it in direct competition with XanderPay's cross-border and remittance capabilities. Planet is also a XanderPay partner.

Emerging players

• Kantox: Kantox specializes in FX management and dynamic currency conversion for corporates including travel companies, overlapping with XanderPay's cross-border FX and multi-currency settlement features. It is a listed XanderPay partner.
• TerraPay: TerraPay operates a global cross-border payments network spanning 100+ countries and is a joint product partner with XanderPay for hotel B2B payouts, making it both a partner and a partial competitor in the cross-border B2B payments space.
• DerbySoft: DerbySoft's Exchange connects hotels and OTAs through distribution and payment flows; the October 2025 partnership integrates XanderPay payment capabilities into DerbySoft Exchange partners' checkout, creating both partnership and partial overlap in OTA-hotel payments.
• dLocal: dLocal provides emerging-market payment infrastructure that enables merchants to accept local payment methods globally, with strong overlap to XanderPay's emerging-market cross-border hotel payment flows. It is a listed XanderPay partner.

Broad incumbents

• Shiji Group: Shiji provides hotel PMS, POS, and payment processing infrastructure for hotel groups worldwide, including cross-border payment and reconciliation layers that overlap with XanderPay's 'above-property' remittance model.
• Worldline: Worldline is a global payment services provider serving merchants across industries including travel and hospitality, offering acquiring, FX, and reconciliation at much greater scale than XanderPay. It is a listed XanderPay partner.
• Adyen: Adyen is a large global payment platform with travel and hospitality as a core vertical, offering unified commerce, cross-border acquiring, and reconciliation capabilities that compete with the broader scope of XanderPay's platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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 XanderPay