SwirlPay

What SwirlPay does

SwirlPay, operating under the SatoshiX and Satoshi Payments brands and legally structured as SatoshiX Ltd. (incorporated in Belize), is a cryptocurrency payments platform that enables merchants, enterprises, and licensed Payment Service Providers (PSPs) to accept, process, swap, on-ramp, and off-ramp digital-asset payments. The company serves a diversified customer base ranging from SMB merchants using a self-serve hosted web dashboard to licensed PSPs and brands reselling the platform under their own domain. Its product portfolio includes a Crypto Point of Sale, a Crypto Payments SaaS (currently in limited beta for large businesses), a White Label Crypto Payment Gateway for PSPs, and three financial services — Buy Crypto (on-ramp), Sell Crypto (off-ramp), and Crypto Swap (powered by ChangeNOW).

The underlying technology is a RESTful API (api.satoshi-payments.net) backed by a custodial merchant wallet, official client SDKs (e.g., satoshix-client.js in JavaScript), public Swagger documentation, webhooks for payment event notification, and a downloadable Docker image that allows merchants to self-host the payments server on their own infrastructure. The platform supports 15+ cryptocurrencies (Bitcoin, Ethereum, XRP, Ethereum Classic, Litecoin, Dash, Tron, Monero, Zcash, Polygon, Arbitrum, Dogecoin, Optimism, Avalanche, Solana) and 7+ fiat currencies (EUR, USD, GBP, BGN, PLN, AED, OMR, SAR), with a marketed 99.9% uptime guarantee. Distribution spans self-serve PLG, developer-led API integration, direct sales for enterprise, and an OEM/white-label motion for PSPs.

The business model combines a freemium tier with no setup fee, transaction-based take rates on processed payments, quote-based white-label licensing for PSPs and brands, and (in limited beta) subscription-based SaaS pricing for large businesses. Pricing is not publicly disclosed beyond 'low fees' positioning. Operating from Belize, the company explicitly excludes residents of the European Union, the United States, and any jurisdiction where cryptocurrency services require licenses SatoshiX does not hold — a regulatory posture that constrains the addressable market but enables operation without MiCA or US crypto-licensing overhead.

Name

SwirlPay

Legal name

SatoshiX Ltd.

Website

https://swirlpay.net

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

SatoshiX (SwirlPay) is a Belize-incorporated crypto payments platform offering a Crypto Point of Sale, SaaS gateway, white-label solution, on-ramp, off-ramp, and crypto swap services to merchants, large enterprises, and licensed PSPs globally excluding the EU and US.

Ownership category

akta.pro rank

Product category

Crypto Payment Processing

NAICS

Credit Card Issuing (522210), 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 industry

Micropayments & Streaming Payments (Crypto) (FSADAIAM)

Keywords

• Crypto payment gateway
• Cryptocurrency point of sale
• White label payments
• On-ramp off-ramp services
• Crypto payments API

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Crypto payment transaction fees: Free tier available with no setup fee; revenue is generated through transaction fees charged when merchants process crypto payments via the Crypto Point of Sale and Crypto Payments SaaS. Pricing tiers and exact fee schedule are not publicly disclosed.
2. On-ramp, off-ramp and crypto swap service fees: Buy Crypto (on-ramp), Sell Crypto (off-ramp), and Crypto Swap services are offered; revenue is earned from fees/low-fee spreads on fiat-to-crypto, crypto-to-fiat, and crypto-to-crypto conversions, described as 'low fees and quick processing times'.
3. White-label licensing for PSPs and brands: White-label solution that lets licensed Payment Service Providers (PSPs) and brands rebrand the SatoshiX crypto processing platform under their own domain; pricing is not publicly disclosed and is engaged via 'Contact Us' sales.
4. SaaS subscription for large businesses: SaaS crypto payments solution for large businesses that integrates into existing software/web services; offered in limited beta, with pricing accessed via sales contact and emphasizing low fees and worldwide accessibility.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels4 records

Core offering

SwirlPay (operating under the SatoshiX brand) is a unified cryptocurrency payments platform that enables merchants, large businesses, and licensed Payment Service Providers to accept crypto payments, on-ramp, off-ramp, and swap digital assets via a single REST API, a hosted web dashboard, a mobile app, a public Docker image for self-hosting, and a white-label deployment option. The platform supports 15+ cryptocurrencies and multiple fiat currencies, with integrated KYC/AML and real-time wallet monitoring.

Product overview

SwirlPay operates a unified cryptocurrency payments platform branded as SatoshiX, built on a platform-plus-modules architecture. The core SatoshiX platform accepts cryptocurrency payments for online stores and retail points-of-sale and is delivered through three principal products: the SatoshiX Crypto Point of Sale (for merchants), the SatoshiX Crypto Payments SaaS (for large businesses, currently in limited beta), and the SatoshiX White Label Crypto Point of Sale (for PSPs and enterprises that want to offer crypto payments under their own brand). On top of this core, SatoshiX offers three financial/exchange services—Buy Crypto (on-ramp), Sell Crypto (off-ramp), and Crypto Swap (crypto-to-crypto, powered by ChangeNOW). The entire platform is unified by the SatoshiX REST API (api.satoshi-payments.net) and the SatoshiX Web Dashboard, with mobile access via the SatoshiX mobile application. The platform supports 15+ cryptocurrencies (Bitcoin, Ethereum, XRP, Ethereum Classic, Litecoin, Dash, Tron, Monero, Zcash, Polygon, Arbitrum, Dogecoin, Optimism, Avalanche, Solana) and multiple fiat currencies, with withdrawals including crypto swaps and a fiat off-ramp.

Differentiator

Problem solved

Functional benefit

Products and services

• SatoshiX Crypto Point of Sale Allows merchants to accept cryptocurrency payments at retail locations or online stores by creating an invoice via mobile app or SatoshiX API, sharing a QR code or payment link, and receiving crypto payments instantly with options to swap to a stablecoin or off-ramp to bank via the SatoshiX off-ramp.
• SatoshiX Crypto Payments SaaS A Software-as-a-Service crypto payments platform for large businesses that integrates into existing software and web services, offering fast transactions, flexible crypto/fiat payment acceptance, low fees, worldwide accessibility, and optional customer anonymity (e.g., for VPN providers). Currently offered as Limited Beta Access.
• SatoshiX White Label Crypto Point of Sale White-label crypto payment processing solution for businesses and licensed Payment Service Providers (PSPs) that operates entirely on the customer's domain without SatoshiX branding, with integrated KYC/AML compliance, real-time wallet monitoring, customizable branding, crypto refunds executed at the point of refund, and a versatile API.
• SatoshiX Buy Crypto (On-ramp) Financial service enabling customers to purchase cryptocurrency with fiat currency (e.g., EUR for ETH), providing a smooth on-ramp process and a compliant transition from fiat to crypto.
• SatoshiX Sell Crypto (Off-ramp) Off-ramp service that helps customers convert crypto assets back to fiat currency (e.g., BTC to USD), supporting seamless transactions with low fees and quick processing times.
• SatoshiX Crypto Swap (crypto-to-crypto) Crypto-to-crypto swap service that allows users to exchange one cryptocurrency for another (e.g., ETH to BTC) to manage diverse crypto portfolios. Powered by ChangeNOW as a trusted partner in cryptocurrency exchange services.
• SatoshiX API RESTful API for creating and managing crypto invoices, retrieving payments, accessing the merchant crypto wallet, crypto swaps, on-ramp and off-ramp, and webhook notifications. Provides multiple official SDKs, code examples, comprehensive documentation, and is positioned as a development platform for developers; an enterprise-grade 99.9% uptime guarantee is advertised.
• SatoshiX Mobile Application Mobile application referenced in the SatoshiX Ltd. Privacy Policy and Terms of Service, providing mobile access to SatoshiX crypto payment services including account management and account cancellation.
• SatoshiX Web Dashboard Web-based dashboard for monitoring crypto payments and managing merchant accounts, providing access to a dedicated crypto wallet, withdrawals (external transfers, crypto swaps, fiat off-ramp), invoice creation, API webhooks, API keys, and company profile management.

Quantifiable outcome

• Supports 15+ cryptocurrencies and 7+ fiat currencies (3 more 'Coming Soon')
• +2 more outcomes

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Stripe (crypto onramp): Stripe's embedded crypto on-ramp/payment APIs let merchants accept stablecoin and crypto payments through Stripe's rails. Overlaps with SatoshiX's SaaS/API for large enterprises integrating into existing software, with vastly superior developer ecosystem and compliance posture.
• Crypto.com Pay: Consumer-app-anchored crypto payment solution from Crypto.com, offering merchant checkout, settlement in fiat or CRO, and broad brand reach. Comparable in merchant acceptance, but competes from a much larger consumer wallet and exchange footprint.

Direct peers

• NOWPayments: Non-custodial crypto payment gateway supporting 200+ coins, POS, e-commerce plugins, invoices, and mass payouts via API. Closest direct competitor to SatoshiX in breadth of supported assets, API/SDK model, and merchant self-serve onboarding.
• Coinbase Commerce: Coinbase's merchant crypto payment gateway offering invoice creation, hosted checkout, and API/SDKs to accept BTC, ETH, USDC and other assets. Directly comparable to SatoshiX Crypto POS and API product, with much larger scale, US regulatory standing, and a broader coin list.
• BitPay: One of the longest-running crypto payment processors, offering merchant POS, invoicing, APIs, and fiat settlement across multiple coins. Comparable to SatoshiX in core merchant processing and on/off-ramp functionality, with deeper enterprise distribution and US MSB licensing.
• CoinsPaid: Crypto payment gateway and processor with white-label/PSP licensing, POS, on/off-ramp, and 50+ supported coins. Closest peer to SatoshiX's combined POS + White-label + on/off-ramp offering, with stronger licensing footprint in EU.
• Alchemy Pay: Crypto and fiat on/off-ramp provider with merchant payment solutions and global reach across 170+ countries. Comparable to SatoshiX on the on-ramp/off-ramp and merchant acceptance side, with stronger regulatory licensing and fiat rail coverage.
• BTCPay Server: Open-source, self-hosted crypto payment processor with invoicing, PoS, and API; mirrors SatoshiX's self-hostable Docker image and developer-led distribution. Differentiated as open-source/MIT versus SatoshiX's proprietary, branded platform.
• CoinGate: Merchant crypto payment processor with POS, e-commerce plugins, API, and fiat off-ramp across 70+ coins. Comparable to SatoshiX in product surface (POS + SaaS + on/off-ramp) and target SMB/enterprise merchant segments.

Emerging players

• ChangeNOW: Non-custodial crypto exchange/swap provider referenced as SatoshiX's underlying swap partner. Comparable to the Crypto Swap and on/off-ramp components of SatoshiX and a potential both a partner and adjacent competitor as it expands into merchant tooling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/swirlpay

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 SwirlPay