VoPay
VoPay is a Vancouver-based, API-first embedded finance platform founded in 2015 that enables software companies, enterprises, and digital platforms to embed payments, compliance, and financial services via 250+ REST API endpoints. It serves 1,000+ customers across 13 verticals and is expanding globally from a new Qatar headquarters.
- Company typePrivate
- Founded2015
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What VoPay does
VoPay International Inc., founded in 2015 and headquartered in Vancouver, Canada, operates an API-first embedded finance platform that enables software companies, enterprises, digital platforms, and Independent Sales Organizations (ISOs) to embed payments and financial services into their products without building proprietary infrastructure. The company's flagship Fintech-as-a-Service platform is structured around six service modules — Fintech-as-a-Service, Platform-as-a-Service, Payments-as-a-Service, Payfac-as-a-Service, Compliance-as-a-Service, and Treasury-as-a-Service — supported by 250+ REST API endpoints, a multi-layer dynamic ledger system, white-label tooling (eLinx, Bank Verify, Onboarding), and developer resources including a sandbox environment, integration recipes, and an API GPT Assistant.
The platform's underlying technology emphasizes Canadian payment rail coverage (Interac e-Transfer Bulk Payout, EFT) alongside cross-border capabilities delivered through Mastercard Move and Visa Direct partnerships, with regulatory compliance spanning PCI DSS, SOC 2 Type 2, KYC/AML tooling, and Canadian oversight via Peoples Trust Company. VoPay has disclosed a customer base of 1,000+ customers and 12,000+ institutions, a partner ecosystem of 300+, and customer logos spanning property management (Plexflow, Sparrow), payroll (Sage), lending (Inovatec, Parvis, CreditBook, Goparity), investment, nonprofit, telecommunications (Datatel), grocery/food service (FoodsUp), banking (Cross River), and card networks (Mastercard Canada, Visa Canada).
VoPay monetizes through a hybrid model combining transaction processing fees (Interac, EFT, cross-border), subscription/platform fees across the six service modules, usage-based API pricing, and professional services for enterprise integrations, with quote-based custom pricing under multi-year enterprise contracts. The company distributes through direct API access for mid-market developers, enterprise field sales for large organizations, and channel partners for SMB reach. In January 2026 VoPay announced a Doha, Qatar global headquarters backed by Invest Qatar and the Qatar Financial Centre, with a plan to hire 400+ professionals over three years to serve MENA, Africa, and Southeast Asia markets, marking a material geographic expansion beyond the historical Canada/US footprint.
VoPay firmographics
Firmographics- Name
- VoPay
- Legal name
- VoPay International Inc.
- Website
- https://vopay.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- VoPay is a Vancouver-based, API-first embedded finance platform founded in 2015 that enables software companies, enterprises, and digital platforms to embed payments, compliance, and financial services via 250+ REST API endpoints. It serves 1,000+ customers across 13 verticals and is expanding globally from a new Qatar headquarters.
- Ownership category
- akta.pro rank
VoPay industry classification
Industry- Product category
- Embedded Finance Platform (Fintech-as-a-Service)
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)
Keywords
Where VoPay is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
VoPay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Transaction Processing Fees: Fees charged on payment transactions processed through the platform including Interac e-Transfer bulk payouts, EFT transfers, and cross-border payments. Revenue scales with transaction volume.
- Subscription/Platform Fees: Access fees for various service tiers including Platform-as-a-Service, Payments-as-a-Service, Payfac-as-a-Service, Compliance-as-a-Service, and Treasury-as-a-Service modules.
- Usage-Based API Access: API usage-based pricing model where partners pay based on volume of API calls, transactions, or specific feature usage.
- Professional Services: Implementation support, custom integration development, and onboarding assistance for enterprise customers requiring hands-on guidance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Enterprise/Custom pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
VoPay product offering
Product offeringCore offering
VoPay provides an API-first embedded finance platform that enables software companies, digital platforms, and enterprises to integrate payment processing, virtual wallets, compliance (KYC/AML), and financial services directly into their applications through 250+ REST API endpoints. The platform is delivered as a unified Fintech-as-a-Service offering composed of six service modules — Platform-as-a-Service, Payments-as-a-Service, Payfac-as-a-Service, Compliance-as-a-Service, and Treasury-as-a-Service — backed by white-label tooling, multi-layer ledger systems, and developer resources including sandbox and integration recipes.
Product overview
VoPay is an API-first embedded finance technology company offering a unified Fintech-as-a-Service platform. The core offering is the Fintech-as-a-Service platform, which is supported by six service modules: Platform-as-a-Service (for cash and liquidity management), Payments-as-a-Service (for embedding payments), Payfac-as-a-Service (for payment monetization), Compliance-as-a-Service (for KYC/AML handling), and Treasury-as-a-Service (for enterprise cash management). The platform provides over 250 API endpoints enabling features including payment methods, bank account connectors, payment automation, risk management, cross-border payments, accounting integrations, virtual accounts, ledger management, KYC/AML, payment links, payment verification, onboarding workflows, and transaction monitoring. Developer tools include The Sandbox, Integration Recipes, and an API GPT Assistant. VoPay serves software companies, enterprises, digital platforms, and ISOs across industries including proptech, healthcare, lending, marketplace, fintech, investment, insurance, HR platforms, subscriptions, payroll, gig economy, and supply chain.
Differentiator
Problem solved
Functional benefit
Brands
- eLinx: Flagship payment product for requesting payment information, customizable and white-labeled.
- Bank Verify
Products and services
- Fintech-as-a-Service
- Platform-as-a-Service
- Payments-as-a-Service
- Payfac-as-a-Service
- Compliance-as-a-Service
- Treasury-as-a-Service
- eLinx
- Bank Verify
Quantifiable outcome
- Reduce time-to-market from 12-24 months to 4-8 weeks
- +3 more outcomes
Companies that use VoPay
Customer profileNamed customers14 records
Segments11 records
Ideal customer profiles4 records
VoPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
VoPay partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, major and flagship.
- MastercardcoreStrategic partnership leveraging Mastercard Move technology, including Mastercard's technology and connectivity to global and domestic networks. VoPay provides globally interoperable platform with embedded finance capabilities for Canadian consumers, businesses, and government entities. VoPay is mentioned alongside Mastercard's processing for 75% of Mastercard PayFacs.
- VisacoreVisa Direct partnership enabling cross-border payments for Canadian businesses and consumers. VoPay leverages Visa Direct which has processed over 2 billion annual transactions, backed by Visa's global payments network security and reach. Collaboration addresses cross-border payment challenges in Canada.
- SagemajorIntegration partnership with Sage Business Cloud Payroll bringing enhanced automation and efficiency to Sage's SMB customers. VoPay's advanced payment technology enables streamlined payroll processes, reducing manual tasks for small and medium businesses.
- Cross RivermajorPartnership with Cross River Bank for transparent transaction monitoring and seamless money movement. Cross River leverages VoPay's proprietary API technology for responsible innovation in the fintech landscape, ensuring transparency and regulatory compliance.
- DatatelmajorPartnership to streamline bank-linked payment integration for businesses. Combined solutions aim to deliver simplified payment experiences and eliminate complexities in payment processes for telecommunications and enterprise customers.
- Peoples Trust CompanycoreBanking partner listed as sub-processor for payment processing. Serves as escalation point for Code of Conduct complaints and regulatory oversight for Canadian payment operations.
- Invest QatarflagshipStrategic support from Invest Qatar and Qatar Financial Centre for establishing global headquarters in Doha, Qatar. Partnership aligns with Qatar's National Vision 2030 for economic diversification and digital leadership. VoPay positioned as primary hub for digital financial infrastructure expansion.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
VoPay competitors and assessment
Company assessmentBroad incumbents
- Adyen: Adyen is a global payments processing platform offering unified commerce, online/mobile checkout, and acquiring services for enterprise merchants. Broad incumbent overlap with VoPay's Payments-as-a-Service via card network connectivity and enterprise payments.
- Cross River Bank: Cross River provides API-driven banking, lending, and payments infrastructure to fintechs and is already a named partner of VoPay. Comparable fintech infrastructure with overlapping regulatory and embedded-payments positioning.
Direct peers
- Plaid: Plaid provides financial data connectivity and payment initiation APIs (Plaid Transfer) that enable software platforms to verify bank accounts and move money. Comparable to VoPay's Bank Verify and Open Data Payments capabilities with shared developer-first customer base.
- Stripe: Stripe Connect, Stripe Treasury, and Stripe Issuing offer embedded payments and financial infrastructure via REST APIs to software platforms. Closest direct competitor to VoPay's Fintech-as-a-Service and Payfac-as-a-Service offerings, with overlapping ISV target customers.
- Finix: Finix provides payment infrastructure and PayFac-as-a-Service enabling software platforms to monetize payments. Nearly identical product positioning to VoPay's Payfac-as-a-Service and vertical-by-vertical embedded finance value proposition.
- Dwolla: Dwolla offers an ACH-focused payment API for US platforms, with comparable developer-first API-first model and ISV customer base in lending, proptech, and marketplace verticals. Direct overlap with VoPay's bank account connector and payment automation features.
- Unit: Unit is an embedded finance platform offering banking-as-a-service, payments, lending, and compliance APIs for software companies. Comparable to VoPay's combined Fintech-as-a-Service and Compliance-as-a-Service modules targeting ISVs.
- Marqeta: Marqeta provides a modern card-issuing and payment-processing API platform serving fintechs and digital platforms. Directly comparable to VoPay's Payfac-as-a-Service and embedded payments modules, with a similar developer-first GTM and partner-bank architecture.
- Galileo Financial Technologies: Galileo (owned by SoFi) provides a leading payments-processing API platform for card issuing, digital banking, and prepaid programs. Comparable directly to VoPay's Platform-as-a-Service and Treasury-as-a-Service modules and their ISV customer base.
Emerging players
- Modern Treasury: Modern Treasury provides payments operations and ledgering APIs for fintechs and platforms, comparable to VoPay's ledger management and Treasury-as-a-Service modules. Less breadth than VoPay but directly overlapping on payment orchestration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
VoPay social profiles
Digital presenceVoPay compliance and trust
Trust signalCompliance2 records
VoPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
VoPay leadership team
Management profileNumber of profiles
Profiles5 records
VoPay funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VoPay 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 VoPay
What does VoPay do?
VoPay provides an API-first embedded finance platform that enables software companies, digital platforms, and enterprises to integrate payment processing, virtual wallets, compliance (KYC/AML), and financial services directly into their applications through 250+ REST API endpoints. The platform is delivered as a unified Fintech-as-a-Service offering composed of six service modules — Platform-as-a-Service, Payments-as-a-Service, Payfac-as-a-Service, Compliance-as-a-Service, and Treasury-as-a-Service — backed by white-label tooling, multi-layer ledger systems, and developer resources including sandbox and integration recipes.
Is VoPay a public or private company?
VoPay is a private company. It is classified as unknown and is currently operating.
When was VoPay founded?
VoPay was founded in 2015. It employs 11 to 50 people.
Where is VoPay based?
VoPay is headquartered in Vancouver, Canada, in the North America region.
How does VoPay make money?
Four revenue lines are on record. Transaction Processing Fees are the primary driver. The others are subscription/Platform Fees, usage-Based API Access and professional Services.
Who are VoPay's main competitors?
Broad incumbents on record are Adyen and Cross River Bank. Direct peers are Plaid, Stripe, Finix, Dwolla, Unit, Marqeta and Galileo Financial Technologies. Modern Treasury is listed as an emerging player.
Does VoPay have an API?
Yes. VoPay offers a REST API with over 250 endpoints enabling software companies to embed payments and financial services. The API provides access to payment methods, bank account management, KYC/AML processing, ledger management, virtual accounts, and transaction monitoring. Developers can access sandbox environments, pre-built integration recipes, and an API GPT Assistant for developer support. SDKs are available in cURL, JavaScript, PHP, and Python. The API maintains 99.99% uptime. Developer documentation is at docs.vopay.com/docs/getting-started.
What industry is VoPay in?
VoPay's product category is Embedded Finance Platform (Fintech-as-a-Service). Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 522320 and its SIC code is 6099.