CarbonPay

Name

CarbonPay

Legal name

CarbonPay Limited

Website

https://carbonpay.io

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription - Cardholder Fees: Monthly subscription fee of £5 / $5 per cardholder for CarbonPay Business Ctrl prepaid card service, scaling with business size.
2. Payment Processing: Transaction-based fees from payment processing across payout, expense, and mobility solutions for businesses.
3. Bespoke Platform Development: Custom fintech platform development services for businesses requiring tailored payment solutions.
4. Foreign Currency Exchange: Revenue from currency exchange margins - businesses can adopt live exchange rates as they occur or adjust rates to take an income on every transaction.
5. Fuel Card and Mobility Services: Fuel card solutions providing discounted fuel access with revenue derived from volume aggregation and transaction fees.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

CarbonPay is a fintech company that provides digital money processing and card payout solutions for niche industries via a modular platform with an API suite enabling bespoke payment solutions. Its core offering comprises CarbonPay Payout (corporate payouts), CarbonPay Expense (prefunded expense management with preloaded cards), and CarbonPay Mobility (fuel cards and fleet management), alongside sub-brands SecOre, Naut Zero, and Fuel Direct. Every transaction is paired with automatic CO2 offsetting (1kg per £1/$1.50 spent) through a partnership with ecolytiq.

Product overview

CarbonPay is a FinTech company providing specialized payment solutions for niche industries through a modular platform architecture. The core offering comprises three interconnected product lines: CarbonPay Payout (corporate payouts for staff, suppliers, customers, and influencers), CarbonPay Expense (prefunded expense management with preloaded cards), and CarbonPay Mobility (fuel cards and fleet management). The company operates sub-brands including SecOre for scrap metal recycling payments, Naut Zero for superyacht expense management, and Fuel Direct for UK fuel cards. CarbonPay Business Ctrl serves as the corporate prepaid card with integrated carbon offsetting. All solutions leverage digital money processing and card payout solutions, with an API suite enabling quick integration or bespoke customization for clients.

Differentiator

Problem solved

Functional benefit

Brands

• SecOre: Prepaid payment card designed specifically for the scrap metal industry as a legal cash alternative for purchasing materials. Offers compliant digital payment solutions with custom rates, fees, and limits advantageous to businesses and end users.
• Naut Zero
• Fuel Direct

Products and services

• CarbonPay Payout A corporate payouts gateway enabling businesses to pay money out to staff, suppliers, customers, influencers, and loyalty rewards recipients, offering digital money processing and card payout solutions with real-time disbursements, multi-currency support, and API-based integration.
• CarbonPay Expense

Quantifiable outcome

• 1kg CO2 offset per £1/$1.50 spent through automatic carbon offset program
• +3 more outcomes

Named customers6 records

Segments13 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered flagship, core and strategic.

• StripeflagshipTechnology or Integration · 1 January 2022Stripe powers CarbonPay's card issuing infrastructure through Stripe Issuing and Climate. Simon Arscott, Head of Banking-as-a-Service at Stripe, highlighted CarbonPay's impact through Stripe's infrastructure. CarbonPay also uses Stripe Climate to contribute funds to carbon removal technologies.
• VisaflagshipTechnology or Integration · 1 January 2021Visa powers CarbonPay's prepaid card through the Fintech Fast Track Program, providing access to VisaNet's global payment network, security capabilities, and fraud protection. Douglas Sabo, Visa Chief Sustainability Officer, publicly endorsed CarbonPay's climate action integration into payments.
• MastercardcoreTechnology or IntegrationMastercard facilitates secure transactions across 210+ countries for CarbonPay's global payment solutions. Partnership enables innovation in embedded finance, real-time payments, and sustainability initiatives.
• ecolytiqcoreTechnology or Integrationecolytiq provides Sustainability-as-a-Service platform that tracks carbon footprint of every purchase, enabling businesses to understand environmental impact of spending behavior.
• ClimateCarecoreStrategic or Co-development PartnerClimate action organization that finances, develops and manages credible sustainability projects, aiding CarbonPay's efforts to offset emissions on behalf of users.
• SeaTreescoreStrategic or Co-development PartnerSeaTrees by Sustainable Surf restores coastal ecosystems including mangroves, kelp forests, and seagrass for blue-carbon sequestration. CarbonPay partnership enables ocean-positive restoration through transactions.
• 1% for the PlanetcoreStrategic or Co-development PartnerGlobal nonprofit inspiring businesses to donate 1% of annual revenue to environmental organizations. CarbonPay has been an active member since 2021, sponsoring and speaking at 2022 Global Summit. Celine Miranda, Account Manager, noted CarbonPay's deep commitment to the partnership.
• AirwallexstrategicTechnology or IntegrationAirwallex streamlines global payments for businesses, processing $130 billion annually across 130+ countries. Partnership enables jointly built tailored finance system solutions for business clients.
• PaysafestrategicTechnology or IntegrationPaysafe provides payment processing across 120 markets with 260+ payment methods in 40+ currencies. Jointly creates bespoke solutions to niche industry problems.
• WEX Europe ServicesstrategicChannel Partner/ Reseller/ DistributorWEX provides fuel cards accepted at 3,600 UK and 13,300 European stations including Esso, BP, and Shell. Partnership delivers tailored fuel card solutions for CarbonPay's mobility vertical.

Scale indicators5 records

Recent moves8 records

Expansion highlights3 records

Broad incumbents

• Tipalti: Tipalti provides mass payouts, AP automation, and global supplier payments — a broad incumbent in the same broader category as CarbonPay Payout. Highly comparable on payout/influencer/supplier payment use cases and on FX/multi-currency settlement.
• Marqeta: Marqeta is a public card-issuing platform that powers many embedded card programs including modern fintechs like Ramp and Brex. CarbonPay sits in Marqeta's adjacent downstream market as a fintech that issues cards via partners (Visa Fintech Fast Track, Stripe Issuing); both compete to enable corporate spend but Marqeta is infrastructure-only.
• WEX: WEX is a global fuel card and fleet payments incumbent and is also a CarbonPay channel partner. Comparable on the Fuel Direct and CarbonPay Mobility products specifically; WEX is the broad incumbent that CarbonPay white-labels for UK/EU fuel card acceptance.

Direct peers

• Spendesk: Spendesk combines prepaid corporate cards with spend management and accounting integrations (QuickBooks/Xero). It is a direct functional peer to CarbonPay Expense, with similar target buyer (finance teams) and similar reliance on API/webhooks for ERP reconciliation.
• Soldo: Soldo offers multi-currency prepaid corporate cards with expense management controls, very similar in product architecture to CarbonPay Expense and CarbonPay Business Ctrl. Comparable on multi-currency corporate card rails and the spend-controls use case that CarbonPay markets to family offices and construction.
• Payhawk: Payhawk delivers corporate cards, expense management, and AP automation across Europe and the US. Closely comparable to CarbonPay's Payout + Expense + bespoke-platform stack, and competes for the same multinational enterprise buyer.
• Moss: Moss provides corporate credit cards with expense management for SMB and mid-market in the DACH region. Comparable to CarbonPay Business Ctrl on card-based spend control, with similar pricing models (per-cardholder subscription).
• Pleo: Pleo provides corporate prepaid cards and expense management for SMBs across Europe. It is highly comparable to CarbonPay's CarbonPay Business Ctrl and CarbonPay Expense offerings in core functionality (cards, spend controls, expense automation), though Pleo targets mainstream SMBs whereas CarbonPay leans into niche verticals.

Emerging players

• Doconomy: Doconomy embeds carbon footprint calculation into financial transactions and partners with banks and card issuers for sustainability-linked cards. Most direct peer to CarbonPay's carbon-offset-per-transaction value proposition, operating in the same intersection of payments and climate action.
• Weavr: Weavr provides embedded payments-as-a-service APIs for verticals (e.g., expense, payouts, treasury). Comparable to CarbonPay's 'Bespoke Platform Development' API-first offering where CarbonPay builds payment flows for niche industry clients rather than competing head-on in SMB SaaS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CarbonPayCard
• LinkedInlinkedin.com/company/carbon-pay
• Instagraminstagram.com/carbonpay_

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 CarbonPay