Gigapay
Gigapay is a Stockholm-based Merchant of Record platform that consolidates global creator payouts, KYC/KYB, and tax compliance into a single vendor for brands, agencies, and creator platforms across 65+ markets.
- Company typePrivate
- Founded2019
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Gigapay does
Gigapay is a Stockholm-headquartered fintech operating as a Merchant of Record for cross-border creator payouts, founded in 2019 and structured as a private company with 11-50 employees. The platform enables brands, agencies, affiliate networks, and eSports/streaming operators to pay large numbers of individual creators, sole traders, and companies globally while consolidating invoicing, KYC/KYB, and tax compliance under a single vendor entry. Its product surface spans Global Payouts (65+ countries, 21 currencies), Tax Compliance including DAC7 reporting, Creator Experience for instant onboarding and payouts, Vendor Onboarding that collapses thousands of creator records into one ERP entry, and a REST API with sandbox and Python SDK for automated integration.
Under the hood, Gigapay inserts itself as the contractual buyer and reseller of creator services, taking on legal liability for tax withholding, invoicing, self-billing, audit trails, and regulatory reporting across more than sixty jurisdictions. Compliance certifications include ISO 27001, GDPR, and DAC7 readiness, enabling the firm to assume obligations that pure payment service providers or AP automation tools delegate back to the client. Operational scope includes EUR, GBP, and USD settlement among 21 supported currencies, with batch processing via spreadsheet or API ingestion.
Gigapay monetizes via transaction/platform fees on creator payout volume and through managed API integration services for high-volume customers; pricing is quote-based and not publicly disclosed. Distribution combines an API-first developer motion targeting platforms, an enterprise field sales motion targeting large brands and agencies, and a sales-led motion anchored on case studies from Boozt (3x collaborations without team growth), Once Upon (-25% admin time), AdRecord, ICF Next, and WPP-owned The Goat Agency. Investor base to date includes Forward Venture Capital and TheVentureCity across funding events in 2020, 2021, and 2022.
Gigapay firmographics
Firmographics- Name
- Gigapay
- Website
- https://gigapay.co
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Gigapay is a Stockholm-based Merchant of Record platform that consolidates global creator payouts, KYC/KYB, and tax compliance into a single vendor for brands, agencies, and creator platforms across 65+ markets.
- Ownership category
- akta.pro rank
Gigapay industry classification
Industry- Product category
- Creator Payment Infrastructure
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Prepackaged Software (7372), Finance Services (6199)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- Gig Economy & On-Demand Worker Payouts (FSAMAKAD), Contractor / Freelancer Payments (FSAMAKAC)
Keywords
Where Gigapay is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Markets served
Gigapay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction/Platform Fees: Gigapay generates revenue as a Merchant of Record by charging fees on creator payout transactions. Brands pay Gigapay for consolidated batch payouts, and Gigapay handles all creator payments, taking on administrative and legal responsibilities including KYC/KYB and applicable reporting.
- API Integration & Automation Services: Revenue derived from API-based payout automation services for high-volume brands, platforms, and agencies. Full sandbox environment and comprehensive documentation provided for integration.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Gigapay product offering
Product offeringCore offering
Gigapay operates a Merchant of Record (MoR) platform that enables brands, agencies, and creator platforms to send mass payouts to creators across 65+ countries using a single consolidated invoice. The platform handles KYC/KYB onboarding, tax compliance, invoicing/self-billing, and reporting, allowing clients to scale creator collaborations without growing administrative headcount. An API-first architecture supports automated integration into existing product and ERP workflows.
Product overview
Gigapay is a B2B SaaS platform operating as a Merchant of Record (MoR) for creator payments. The platform provides mass creator payouts with one vendor and one consolidated invoice, eliminating vendor sprawl in customer ERP systems. The product portfolio includes Global Payouts (65+ countries, 21 currencies), Tax Compliance, Creator Experience, Vendor Onboarding, Gigapay API (REST-based automation), and DAC7 compliance. Gigapay handles all administrative and legal responsibilities including KYC/KYB verification, tax collection, invoicing/self-billing, and compliance documentation. The platform targets brands, agencies, affiliate networks, eSports and streaming networks, and influencer marketing operations seeking to scale creator collaborations without increasing administrative burden.
Differentiator
Problem solved
Functional benefit
Products and services
- Global Payouts
- Tax Compliance
- Creator Experience
- Vendor Onboarding
- Gigapay API
- DAC7
Quantifiable outcome
- 10x ROI after unlocking nano and micro influencers
- +5 more outcomes
Companies that use Gigapay
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Gigapay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Gigapay partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Gigapay competitors and assessment
Company assessmentDirect peers
- Stripe Connect: Stripe's Connect product enables platforms and marketplaces to handle split payments, KYC, and 1099/tax document issuance for creators and contractors. Most direct competitor on platform/MoR-style payouts with global developer reach and significantly deeper capital resources.
- Tipalti: Tipalti is a global payables automation platform that handles mass payouts to freelancers, creators, and contractors with built-in tax compliance (W-9/W-8, 1099, VAT) and KYC/KYB. Mirrors Gigapay's value proposition for influencer/affiliate payouts at a more mature enterprise scale.
- Pay.com: Pay.com operates as a Merchant of Record for digital goods and SaaS, handling global tax compliance, invoicing, and payouts. Comparable on the MoR model and the assumption of tax/legal liability, though focused on SaaS rather than creator payouts.
- Payoneer: Payoneer specializes in cross-border payouts to freelancers, creators, and affiliates with multi-currency accounts and tax form handling. Shares Gigapay's freelancer/creator target segment and global multi-currency payout infrastructure, though with a more B2B/B2C wallet-oriented model.
- Mangopay: Mangopay is a payment provider purpose-built for platforms and marketplaces, handling split payments, KYC, and seller/creator payouts across Europe. Closest European-headquartered comparable to Gigapay's platform/MoR positioning for creators.
Broad incumbents
- Wise (formerly TransferWise): Wise is a global cross-border payments network used by freelancers and creators to receive payouts across 70+ currencies. While not a MoR, it competes for the underlying cross-border payout leg and is an alternative for platforms assembling creator payment stacks.
- Bill.com: Bill.com is a leading AP automation platform handling mass vendor/contractor payouts for SMB and mid-market. Adjacent rather than direct: overlaps with Gigapay on consolidated vendor payouts and compliance documentation, but lacks the creator-economy-specific positioning.
- Hyperwallet: Hyperwallet (part of PayPal) provides mass payout solutions for platforms, gig economy, and affiliate networks with global reach and built-in compliance. Closest large-incumbent comparable on enterprise-grade mass payouts with regulatory compliance.
Emerging players
- Deel: Deel provides global employer-of-record and contractor payments infrastructure including onboarding, compliance, and mass payouts across 150+ countries. Overlaps with Gigapay on international contractor/creator payouts with significantly larger scale and venture backing.
- Solidgate: Solidgate is a Merchant of Record and payment infrastructure provider for digital businesses, handling subscriptions, global tax, and payouts. Comparable on the MoR model with a similar challenger positioning, though oriented to SaaS/digital product rather than creator payouts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Gigapay social profiles
Digital presenceGigapay compliance and trust
Trust signalCompliance3 records
Gigapay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gigapay leadership team
Management profileNumber of profiles
Profiles3 records
Gigapay funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gigapay 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 Gigapay
What does Gigapay do?
Gigapay operates a Merchant of Record (MoR) platform that enables brands, agencies, and creator platforms to send mass payouts to creators across 65+ countries using a single consolidated invoice. The platform handles KYC/KYB onboarding, tax compliance, invoicing/self-billing, and reporting, allowing clients to scale creator collaborations without growing administrative headcount. An API-first architecture supports automated integration into existing product and ERP workflows.
Is Gigapay a public or private company?
Gigapay is a private company. It is classified as venture growth investor backed and is currently operating.
When was Gigapay founded?
Gigapay was founded in 2019. It employs 11 to 50 people.
Where is Gigapay based?
Gigapay is headquartered in Stockholm, Sweden, in the Europe region.
How does Gigapay make money?
Two revenue lines are on record. Transaction/Platform Fees are the primary driver. The others are API Integration & Automation Services.
Who are Gigapay's main competitors?
Direct peers on record are Stripe Connect, Tipalti, Pay.com, Payoneer and Mangopay. Broad incumbents are Wise (formerly TransferWise), Bill.com and Hyperwallet. Emerging players are Deel and Solidgate.
Does Gigapay have an API?
Yes. Developer-friendly API built for high-volume brands, platforms, and agencies to automate creator payouts. Integrates payout and onboarding flow directly into product or internal dashboard, automating the transition from campaign completed to creator paid. Full sandbox environment and comprehensive documentation provided. Test in sandbox, implement with a few lines of code, done. Developer documentation is at developer.gigapay.com.
What industry is Gigapay in?
Gigapay's product category is Creator Payment Infrastructure. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAMAKAD, Gig Economy & On-Demand Worker Payouts. Its NAICS code is 5132 and its SIC code is 7372.