SettlePay
SettlePay is a Kyiv-based payment gateway provider offering unified fiat and crypto payment processing across 30+ methods for merchants, PSPs, and partners globally. It operates as the 1st Authorized Channel Partner for Binance and monetizes via transaction fees, white-label licensing, and API subscriptions.
- Company typePrivate
- Founded2014
- HeadquartersKyiv, Ukraine
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What SettlePay does
SettlePay is a Kyiv, Ukraine-based payment solutions provider operating a unified fiat and cryptocurrency payment gateway platform. The company integrates more than 30 payment methods — including cards, Google Pay, Apple Pay, and regional alternatives such as PIX (Brazil), SPEI (Mexico), UPI (India), iDeal (Netherlands), Blik (Poland), Gate Pay, and Binance Pay — alongside on-ramps and off-ramps for crypto-to-fiat conversion. Its technology stack centers on a single API integration supported by Hosted Payment Page, Host-to-Host, and tokenization options, with proprietary Smart Routing and Cascading engines that direct and back up transactions across providers based on behavioral data from millions of processed payments. Anti-fraud, KYC, and AML are handled through integrated partnerships with Diia, Kycaid, and Chainalysis, and the platform is PCI DSS compliant.
SettlePay monetizes through transaction-based fees on processed payments, subscription and setup fees for API/HPP/Host-to-Host integration, and licensing revenue from White Label Solutions that allow PSPs and partners to rebrand the gateway. It targets three primary customer segments — merchants (notably in iGaming, e-commerce, and crypto), Payment Service Providers seeking to expand their method portfolio, and referral partners — and operates an enterprise field-sales motion supported by API-first self-service integration and channel/reseller programs. The company holds the position of 1st Authorized Channel Partner for Binance and has documented case-study outcomes of 19%, 23%, and 12% conversion lifts through its routing and cascading optimizations across LATAM, Europe, and India respectively.
Operationally, SettlePay is a private company with 101-250 employees, claims 10+ years of payment industry experience, and serves merchants and PSPs across five regions: LATAM, Europe, CIS, Asia, and Africa. No institutional investors, parent company, funding rounds, or revenue figures are disclosed in the available data, which constrains any financial assessment.
SettlePay firmographics
Firmographics- Name
- SettlePay
- Legal name
- SettlePay
- Website
- https://settlepay.net
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SettlePay is a Kyiv-based payment gateway provider offering unified fiat and crypto payment processing across 30+ methods for merchants, PSPs, and partners globally. It operates as the 1st Authorized Channel Partner for Binance and monetizes via transaction fees, white-label licensing, and API subscriptions.
- Ownership category
- akta.pro rank
SettlePay industry classification
Industry- Product category
- Payment Gateway
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Payment Gateways & Checkout APIs (FSADAIAA)
- akta.pro secondary industries
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Payment Orchestration, Routing & Smart Transaction Management (Crypto) (FSADAIAJ), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where SettlePay is headquartered
LocationHeadquarters
- HQ city
- Kyiv
- HQ country
- Ukraine
- HQ region
- Europe
Markets served
SettlePay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Transaction Processing: Revenue generated from processing payment transactions across cards, alternative payment methods, and cryptocurrency channels. The company takes a percentage or fixed fee per transaction processed through their platform.
- White Label Solutions: Revenue from providing white-label payment gateway solutions to PSPs and merchants who rebrand and resell SettlePay's technology under their own brand.
- API & Integration Services: Revenue from providing API access, Hosted Payment Page (HPP), and Host-to-Host integration services with associated setup and recurring fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Quote-based pricing customized for each merchant |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
SettlePay product offering
Product offeringCore offering
SettlePay operates a unified payment gateway platform that enables merchants to accept fiat and cryptocurrency payments through a single API integration. The platform supports over 30 payment methods including cards, Google/Apple Pay, regional methods (PIX, SPEI, UPI, iDeal, Blik), and Binance Pay, with proprietary smart routing, cascading, tokenization, and integrated anti-fraud/AML protection.
Product overview
SettlePay is a payment solutions provider operating a unified payment gateway platform with cryptocurrency support. The core offering is the Fiat and Crypto Payment Gateway, which integrates with over 30 payment methods including Cards, digital wallets (Google Pay, Apple Pay), regional payment methods (PIX, SPEI, UPI, iDeal, Blik), and Binance Pay. The platform's architecture is modular, with the gateway serving as the foundation and value-added services layered on top: White Label Solutions for branded offerings, Single API and Host-to-Host Integration for technical connectivity, Hosted Payment Page for non-technical merchants, Tokenization for recurring payments, and Smart Routing/Cascading for transaction reliability. A dedicated Security & Fraud Protection Solution provides built-in anti-fraud, AML, KYC integration (Diia, Kycaid, Chainalysis), and PCI DSS compliance. On-ramps and Off-ramps enable crypto-fiat conversion.
Differentiator
Problem solved
Functional benefit
Products and services
- Fiat and Crypto Payment Gateway Unified payment gateway solution enabling merchants and PSPs to accept cards, Google/Apple Pay, alternative payment methods (PIX, SPEI, UPI, iDeal, Blik, Gate Pay), and cryptocurrency payments including full Binance Pay integration through a single API.
- White Label Solutions
- On-ramps and Off-ramps Crypto-to-fiat and fiat-to-crypto conversion services enabling users to buy and sell cryptocurrency through the payment platform.
- Customized eWallet Solution Tailored electronic wallet solution built for merchants requiring custom wallet functionality and user account management for their customers.
Quantifiable outcome
- 19% conversion rate increase through data-driven segmentation and routing optimization
- +3 more outcomes
Companies that use SettlePay
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
SettlePay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability4 records
Feature7 records
SettlePay partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- BinanceflagshipSettlePay is the 1st Authorized Channel Partner for Binance, offering full integration of Binance Pay (deposits and payouts), Binance Pay Direct Debit, Binance Code, Mini Programs, and other Binance cryptocurrency services. This partnership enables merchants to accept and process cryptocurrency payments through Binance's ecosystem.
- DiiacoreKYC provider integrated for identity verification and AML compliance within SettlePay's fraud protection and anti-money laundering solution.
- KycaidcoreKYC provider integrated for identity verification services supporting SettlePay's security and compliance requirements.
- ChainalysiscoreBlockchain analysis and AML platform integrated for cryptocurrency transaction monitoring, fraud prevention, and regulatory compliance in crypto payment processing.
Scale indicators8 records
Recent moves1 record
Expansion highlights5 records
SettlePay competitors and assessment
Company assessmentBroad incumbents
- Stripe: Stripe is a global payments incumbent with extensive developer-first API, smart routing, and increasingly broad APM coverage. It competes with SettlePay for mid-market and enterprise merchants and white-label PSP-style distribution, though it is not crypto-focused.
- Adyen: Adyen is a global payments incumbent offering unified acquiring across cards, APMs, and emerging payment methods. While not crypto-native, its smart routing and global APM coverage compete with SettlePay for enterprise merchants and PSP partners needing multi-region payment orchestration.
Direct peers
- NOWPayments: NOWPayments is a crypto payment gateway supporting 200+ cryptocurrencies, mass payouts, and fiat off-ramps via APIs. It directly overlaps SettlePay's crypto gateway, white-label, and on/off-ramp capabilities and serves similar merchants and PSPs globally.
- Alchemy Pay: Alchemy Pay provides fiat and crypto on/off-ramp and payment gateway services across emerging and developed markets. It overlaps SettlePay's fiat+crypto gateway and on-ramp/off-ramp positioning, especially in Asia and LATAM.
- CoinsPaid: CoinsPaid is a crypto payment processor offering merchant acquiring, mass payouts, and white-label solutions. It competes head-on with SettlePay in crypto acquiring and PSP white-labeling for high-volume merchants including gaming and exchanges.
- BitPay: BitPay is one of the largest crypto payment processors offering merchant crypto acceptance and fiat settlement. It is a direct competitor to SettlePay's core crypto acquiring gateway serving global online merchants.
- Coinbase Commerce: Coinbase Commerce enables merchants to accept cryptocurrency payments directly with self-custody settlement. It is a direct competitor to SettlePay's crypto acquiring gateway and benefits from Coinbase's brand and distribution.
- Triple-A: Triple-A is a crypto payment gateway enabling merchants to accept and settle in both crypto and fiat. It is directly comparable to SettlePay's core crypto acquiring offering, including on/off-ramps, broad merchant tools, and fiat settlement - a head-to-head competitor in the same category.
Emerging players
- dLocal: dLocal is a payments processor focused on emerging markets (LATAM, Africa, Asia) with broad APM coverage and smart routing. It overlaps SettlePay's emerging-market APM and routing playbook and serves similar PSP/merchant customer profiles.
- Paytiko: Paytiko is a PSP/payment gateway focused on high-risk industries (iGaming, forex, crypto) with white-label capabilities and APM coverage. It is a niche peer overlapping SettlePay's gaming/iGaming merchant exposure and white-label offering.
Market position
Competitive moat5 records
Key highlights6 records
Customer concentration
SettlePay social profiles
Digital presenceSettlePay compliance and trust
Trust signalCompliance1 record
SettlePay financial estimates
Financial estimateRevenue estimate
Valuation estimate
SettlePay leadership team
Management profileNumber of profiles
SettlePay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SettlePay 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 SettlePay
What does SettlePay do?
SettlePay operates a unified payment gateway platform that enables merchants to accept fiat and cryptocurrency payments through a single API integration. The platform supports over 30 payment methods including cards, Google/Apple Pay, regional methods (PIX, SPEI, UPI, iDeal, Blik), and Binance Pay, with proprietary smart routing, cascading, tokenization, and integrated anti-fraud/AML protection.
Is SettlePay a public or private company?
SettlePay is a private company. It is classified as unknown and is currently operating.
When was SettlePay founded?
SettlePay was founded in 2014. It employs 101 to 250 people.
Where is SettlePay based?
SettlePay is headquartered in Kyiv, Ukraine, in the Europe region.
How does SettlePay make money?
Three revenue lines are on record. Payment Transaction Processing is the primary driver. The others are white Label Solutions and API & Integration Services.
Who are SettlePay's main competitors?
Broad incumbents on record are Stripe and Adyen. Direct peers are NOWPayments, Alchemy Pay, CoinsPaid, BitPay, Coinbase Commerce and Triple-A. Emerging players are dLocal and Paytiko.
Does SettlePay have an API?
Yes. SettlePay provides API-based payment integration solutions. The platform offers Single API integration for merchants, Host-to-Host integration for direct server-to-server communication, and enables payouts to be processed via API or through CRM systems. The company hosts API documentation at docs.settlepay-4.net. Developer documentation is at docs.settlepay-4.net.
What industry is SettlePay in?
SettlePay's product category is Payment Gateway. Its primary akta.pro industry code is FSADAIAA, Crypto Payment Gateways & Checkout APIs, with a secondary code of FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout). Its NAICS code is 522320 and its SIC code is 6200.