UQPAY

Name

UQPAY

Legal name

UQPAY Inc

Website

https://uqpay.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Cross-Border Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (522210)

SIC

Finance Services (6199)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto Payment Gateways & Checkout APIs (FSADAIAA), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Global payment processing
• Cross-border payments
• Multi-currency accounts
• Card issuing platform
• Stablecoin acquiring

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations

Revenue model

1. Payment Processing/Transaction Fees: Revenue generated from processing payments across global acquiring and cross-border transactions. Fees apply per transaction processed through the platform.
2. Card Issuing Services: Revenue from issuing virtual and corporate cards including FlashCard for AI agents. Cards are backed by principal memberships in Visa, Mastercard, and UnionPay International.
3. Foreign Exchange Services: Real-time FX rates and smart conversion solutions generating revenue through currency conversion spreads for businesses transacting across multiple currencies.
4. Stablecoin Account Services: Revenue from stablecoin account infrastructure enabling businesses to receive, manage, send, and settle funds across stablecoin payment rails including USDC, USDT, and XUSD.
5. API Integration and Enterprise Services: Revenue from enterprise integration support and API-based access to full-stack payment infrastructure including self-service onboarding options.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

UQPAY provides a dual-rail full-stack payment platform that integrates traditional fiat payment rails with blockchain-based stablecoin infrastructure, supporting over 200 markets and 140+ currencies through a single API. The offering consolidates global acquiring, multi-currency treasury management, cross-border payouts, virtual and corporate card issuing, and stablecoin account services for cross-border businesses. The company also offers FlashCard, an enterprise-grade task-scoped virtual card designed specifically for AI agent payments.

Product overview

UQPAY is a Singapore-headquartered fintech company (founded 2016) operating as a comprehensive global digital payment solution provider. The company offers a dual-rail full-stack payment platform that integrates traditional fiat payment rails with blockchain-based stablecoin infrastructure, supporting over 200 markets and 140+ currencies. UQPAY is a principal member of Visa, Mastercard, and UnionPay International. The core product portfolio includes: (1) the Dual-Rail Full-Stack Payment Platform consolidating global acquiring, multi-currency accounts, card issuing, cross-border payouts, and stablecoin infrastructure; (2) FlashCard, an enterprise-grade virtual card product launched March 2026 specifically designed for AI agents to execute autonomous, task-scoped payments with programmable controls and lifecycle management; (3) the x402 Stablecoin Platform powered by UCP for commercial-grade stablecoin acquiring; and (4) supporting services including Global Account, Global Collection, Global Payout, Global Foreign Exchange, virtual banking, and corporate card issuance. The platform targets high-growth cross-border businesses in e-commerce, SaaS, gaming, and Web3 sectors, and operates across Asia-Pacific, Europe, and North America.

Differentiator

Problem solved

Functional benefit

Brands

• FlashCard: Enterprise-grade task-scoped virtual payment card designed for AI agents to execute secure, bounded, and auditable autonomous payments with programmable controls including merchant category restrictions, spend limits, geographic and time restrictions, and automatic invalidation after task completion.

Products and services

• Dual-Rail Full-Stack Payment Platform Unified global payment platform integrating traditional fiat rails with stablecoin infrastructure, supporting 200+ markets and 140+ currencies through a single API for high-growth cross-border businesses in e-commerce, SaaS, gaming, and Web3 sectors.
• Global Account Multi-currency account infrastructure enabling businesses to hold, manage, and transact across 140+ currencies with real-time FX rates and smart conversion solutions for cross-border treasury management.
• Global Collection (Aggregated Acquiring) Aggregated payment collection service covering 200+ regions and countries with support for multiple payment methods, currencies, and real-time settlement.
• Global Payout Global bulk payout service enabling efficient cross-border payments with enhanced financial efficiency and compliance controls for businesses transacting internationally.
• Global Foreign Exchange Real-time FX rates and smart currency conversion solutions designed to reduce exchange costs for cross-border business transactions.
• FlashCard Enterprise-grade task-scoped virtual payment card designed specifically for AI agents to execute autonomous, secure, and programmable transactions. Features MCP server integration and programmable controls including merchant category restrictions, spend limits, geographic and time-based restrictions, and automatic invalidation after task completion.
• x402 Stablecoin Platform (Powered by UCP) Commercial-grade, custodial, and compliant stablecoin acquiring platform supporting x402 payment protocol with USDC, USDT, and XUSD stablecoins for both traditional merchant payments and AI-initiated autonomous transactions.
• Corporate Card Issuance Corporate card issuance service backed by principal memberships in Visa, Mastercard, and UnionPay International, enabling compliant payment solutions for businesses across global networks.
• Virtual Banking Virtual banking services including AUD account capabilities for businesses requiring localized banking solutions in specific markets such as Australia.

Quantifiable outcome

• 30% conversion rate improvement for cross-border eCommerce SaaS
• +2 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core.

• Circle (Circle Payments Network)coreTechnology or Integration · 10 June 2026UQPAY integrated with Circle Payments Network, a coordination layer operated by Circle Technology Services that enables cross-border stablecoin transactions using USDC and EURC. The integration enhances UQPAY's Global Account infrastructure by improving interoperability between financial institutions, enabling more efficient routing of cross-border payments, and supporting transactions across multiple currencies and payment systems.
• VisacoreTechnology or IntegrationPrincipal member of Visa enabling UQPAY to offer card issuing capabilities, global acquiring, and payment processing across Visa's network. This membership is foundational to UQPAY's card issuing products including FlashCard for AI agents.
• MastercardcoreTechnology or IntegrationPrincipal member of Mastercard enabling card issuing capabilities and global payment processing across Mastercard's network. This membership supports UQPAY's virtual and corporate card issuance products.
• UnionPay InternationalcoreTechnology or IntegrationPrincipal member of UnionPay International enabling card issuing and payment processing across UnionPay's global network, particularly important for Asia-Pacific coverage.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Airwallex: Asia-Pacific-headquartered cross-border payments fintech offering multi-currency accounts, global acquiring, card issuing, and FX. Strong direct overlap with UQPAY's Global Account, Global Collection, card issuing, and cross-border payout offerings.
• Circle: USDC issuer and operator of Circle Payments Network, a coordination layer that UQPAY has integrated for cross-border stablecoin rails. Same stablecoin acquiring and merchant acceptance thesis as UQPAY's x402 platform.
• Alchemy Pay: Crypto payment gateway offering fiat-crypto on-ramps and merchant acquiring globally. Comparable to UQPAY's x402 stablecoin acquiring and dual-rail checkout thesis.

Broad incumbents

• Stripe: Global payments incumbent with global acquiring, multi-currency accounts, card-issuing via Issuing API, and an expanding stablecoin stack. Overlaps broadly with UQPAY's dual-rail platform but at vastly larger scale across enterprise segments.
• Adyen: Enterprise global acquiring and processing platform supporting 200+ markets and many currencies. Directly comparable core proposition to UQPAY's Global Collection and global payout capabilities.
• Checkout.com: Global unified payments processor covering multi-currency acquiring, payouts, and card issuing. Comparable to UQPAY's single-API enterprise proposition with a stronger established enterprise footprint.
• Nuvei: Global payments technology provider covering cross-border acquiring, payouts, card issuing, and a growing crypto rails stack. Comparable cross-border payment infrastructure scope to UQPAY's platform.

Emerging players

• BVNK: Stablecoin and fiat cross-border payment platform targeting merchants and PSPs. Competes in the same cross-border stablecoin acquiring adjacent to UQPAY's x402 platform.
• StraitsX: Singapore-based stablecoin settlement firm in which UQPAY has invested alongside NTT Docomo. Operates in the same Asia-Pacific stablecoin payments adjacency with overlapping fiat-stablecoin linkage services.
• Triple-A: Singapore-headquartered crypto payment gateway and stablecoin merchant acquiring provider. Direct comparison point for UQPAY's x402 stablecoin platform and dual-rail acquiring for Web3 merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/uqpay_cs
• Facebookfacebook.com/UQPAYTechnology
• LinkedInlinkedin.com/company/uqpay-technology-s-pte-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about UQPAY