Nexpay
Nexpay is a Bank of Lithuania-licensed Electronic Money Institution providing B2B banking infrastructure — dedicated IBANs, SEPA/SWIFT payments, and a REST API — primarily for crypto, gaming, and payment service provider clients across Europe.
- Company typePrivate
- Founded2017
- HeadquartersVilnius, Lithuania
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Nexpay does
Nexpay (legal entity UAB NexPay, registration code 304708124) is a Vilnius-headquartered Electronic Money Institution licensed by the Bank of Lithuania (License No. 18), founded in 2017 to provide B2B banking infrastructure for digital businesses underserved by traditional banks. The company offers dedicated IBANs, SEPA and SEPA Instant euro transfers, SWIFT cross-border payments in 23 currencies, and a REST API with sandbox environment using HMAC-SHA512 authentication. The product suite is augmented with Multilogin multi-user access, Multisig transaction approvals, bulk CSV payments (up to 50 per batch), scheduled and recurring payments, webhook notifications (ECDSA-SHA512 signed), commission charge management, and structured AML checklists for compliance workflows. Headcount is reported at 50+, with offices in Vilnius and Riga.
Nexpay's commercial model is a tiered subscription structure — Basic+ at €200-400/month, Premium at €1,250-1,450/month, and Enterprise on custom multi-year contracts — supplemented by per-transaction fees (0.15% + €1.5 on SEPA, 0.4% min €50 on SWIFT, 0.5% min €50 FX) and one-time onboarding/document processing fees (€500-1,000). The Basic+ tier requires a €5 million minimum monthly payment volume, anchoring the client mix toward enterprise accounts. Primary verticals are crypto companies, payment service providers, and gambling/betting platforms; secondary verticals include IT/software development, marketing/advertising, and legal/consulting. Distribution runs through direct digital onboarding at paynexpay.com, an enterprise field sales team led by Head of Sales Mark Cleary, and API integration, supplemented by heavy conference participation across gaming, crypto, and fintech events. The company reports 600+ business clients served and €9bn+ in cumulative transactions processed across 42 countries since founding.
Strategic positioning hinges on regulatory licensing and domain specialization in high-risk digital-native verticals that mainstream banks reject. Affiliates include Nexdesk SIA, which obtained a MiCA license from the Bank of Latvia in December 2025 enabling EU-wide crypto-asset services, and a strategic partnership with NBX (Euronext-listed Norwegian EMI) announced in May 2025 involving a shares swap to combine fiat rails with stablecoin wallet infrastructure. Nexpay is privately held with no disclosed external funding rounds.
Nexpay firmographics
Firmographics- Name
- Nexpay
- Legal name
- UAB NexPay
- Website
- https://paynexpay.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Nexpay is a Bank of Lithuania-licensed Electronic Money Institution providing B2B banking infrastructure — dedicated IBANs, SEPA/SWIFT payments, and a REST API — primarily for crypto, gaming, and payment service provider clients across Europe.
- Ownership category
- akta.pro rank
Nexpay industry classification
Industry- Product category
- Electronic Money Institution Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
- akta.pro secondary industries
- Cross-Border & FX Payments Platforms (BPAMAFAK), Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where Nexpay is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices2 records
Markets served
Nexpay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Subscription Plans (Basic+, Premium, Enterprise): Monthly subscription fees ranging from €200-400 (Basic+) to €1,250-1,450 (Premium) to Custom (Enterprise). Includes account maintenance, SEPA/SEPA Instant payments, multiuser functionality, and priority support tier differentiation.
- Transaction Fees: Percentage-based fees on SEPA and SWIFT transactions (0.15% + €1.5 for outgoing SEPA, 0.4% min €50 for SWIFT). FX fees of 0.5% min €50 for currency conversion. Volume-based pricing with free monthly turnover thresholds.
- Onboarding & Account Fees: One-time document processing fee (€500), account opening fee (€1,000), and priority onboarding fee (€1,000). Additional fees for complex structures, API integration support, and reference letters.
- Service & Operational Fees: Payment cancellation requests (€100-150), service continuity fees (€100-1,000 case-by-case), multiuser functionality (€5 + VAT per user monthly).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Basic+ - €200-400/month for growing businesses |
| Subscription | Monthly | Premium - €1,250-1,450/month for established businesses |
| Subscription | Multi-year contract | Enterprise - Custom pricing for large-scale operations |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Nexpay product offering
Product offeringCore offering
Nexpay provides business payment accounts with dedicated IBANs, SEPA and SEPA Instant euro transfers, and SWIFT multi-currency payments (23 currencies) for digital businesses. The platform offers a REST API with sandbox for programmatic integration, tiered subscription plans (Basic+, Premium, Enterprise), and serves high-risk industries including crypto companies, gaming, and payment service providers. Operates as a licensed Electronic Money Institution (EMI) under the Bank of Lithuania (License No. 18) with segregated client fund custody at the European Central Bank system.
Product overview
Nexpay provides financial infrastructure for digital businesses through a unified B2B banking platform. The core offering centers on business payment accounts with dedicated IBANs supporting EUR SEPA payments, augmented by SWIFT multi-currency transfers in 23+ currencies with automatic EUR conversion. The platform offers tiered pricing plans (Basic+, Premium, Enterprise) and serves high-risk industries including crypto companies, gaming, payment service providers, and IT/software businesses. Key modules include REST API with sandbox for programmatic integration, Multilogin for team collaboration with role-based permissions, Multisig for multi-party transaction approval, Bulk Payments for batch operations, Scheduled/Recurring Payments for automation, and Webhook Notifications for real-time event handling. The platform is complemented by personal account management and compliance tools including structured AML checklists and commission charge management.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Payment Accounts Corporate payment accounts with dedicated IBANs, multi-currency support, SWIFT transfers, and bulk payment capabilities for digital businesses in Europe and globally.
- Dedicated IBANs Individual International Bank Account Numbers enabling businesses to send and receive payments, track transactions, and streamline financial operations.
- SWIFT Payments Global cross-border multi-currency transfers via SWIFT network supporting 23+ currencies including USD, GBP, JPY, AUD, CAD with automatic conversion to EUR accounts.
- SEPA & SEPA Instant European euro-denominated payment services with SEPA for standard transfers and SEPA Instant for real-time transfers processed within 10 seconds, available 24/7/365.
- REST API with Sandbox Programmatic interface enabling developers to integrate Nexpay payment functionalities into existing systems with sandbox environment for testing and HMAC-SHA512 authentication.
Quantifiable outcome
- 600+ businesses served since 2017
- +3 more outcomes
Companies that use Nexpay
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles4 records
Nexpay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature9 records
Nexpay partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- NBXcoreStrategic partnership with NBX, a Euronext listed and Oslo-based holder of a Norwegian EMI license. Partnership includes shares swap between groups to strengthen common market position from regulatory and product perspectives. Combining Nexpay's fiat payment rails with NBX's stablecoin offering and wallet service for global payments with Euro account settlement within minutes.
- OndatocorePartnership with Ondato compliance SaaS to run all KYC, AML, and e-signature processes. Nexpay gains automated ID verification with valid ID document, selfie, and phone number. Ondato provides KYC compliance suite to reduce fraud instances. Partnership described as critical by CEO Uldis Teraudkalns.
- Salt EdgecorePartnership with Salt Edge, open banking solutions leader, to run SCA (Strong Customer Authentication) and all authentication processes through Salt Edge Authenticator app. App meets all SCA requirements with dynamic linking for secure payments and data encryption. Provides increased flexibility and security for digital assets platforms.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Nexpay competitors and assessment
Company assessmentDirect peers
- BCB Group: UK-based regulated payments and banking services provider focused on the digital asset economy. Directly comparable as a B2B EMI-style platform serving crypto exchanges, PSPs, and high-risk verticals with multi-currency accounts, SWIFT, SEPA, and treasury services.
- Contis: UK-based EMI offering white-label and direct B2B banking infrastructure including IBANs, cards, and API-driven payments. Closely aligned with Nexpay's EMI positioning, multi-currency account offering, and enterprise B2B go-to-market.
- Clear Junction: UK-regulated payments institution providing cross-border payment infrastructure for fintechs, banks, and digital asset businesses. Comparable to Nexpay in serving PSPs and high-risk verticals with regulated EUR/GBP rails.
- Modulr: UK EMI acquired by NatWest providing business accounts and payment services via API. Directly comparable to Nexpay on API-first B2B banking, multi-currency accounts, and SEPA/SWIFT access for digital businesses.
- Treezor: French EMI (subsidiary of Société Générale) offering Banking-as-a-Service with dedicated IBANs, payment processing, and KYC/AML tools. Similar in regulatory structure (licensed EMI) and B2B2X service model, though with a banking-group parent.
Broad incumbents
- Solaris SE: Berlin-based Banking-as-a-Service platform with German banking license offering accounts, cards, payments, and lending via API to fintechs and digital businesses. Comparable in API-first B2B infrastructure but operates at much larger scale and broader scope.
- Revolut Business: Multi-currency business accounts, SEPA/SWIFT payments, and API integrations from Revolut's broader consumer/business fintech. Comparable on multi-currency IBAN offering and SWIFT access but operates at substantially greater scale and consumer reach.
- Wise Business: Multi-currency accounts and cross-border payments for SMBs and platforms. Comparable on SEPA/SWIFT cross-border B2B use cases, though less specialized in high-risk and digital-asset verticals than Nexpay.
- Payoneer: Global cross-border B2B payments and multi-currency accounts for SMBs, marketplaces, and freelancers. Comparable on cross-border payment infrastructure for digital businesses, though significantly larger and more diversified geographically.
Regional players
- Bankera: Lithuanian-origin fintech providing banking and payment services to individuals and businesses. Comparable as a Baltic EMI peer, though with a broader retail focus rather than Nexpay's high-risk B2B specialization.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nexpay social profiles
Digital presenceNexpay compliance and trust
Trust signalCompliance6 records
Nexpay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexpay leadership team
Management profileNumber of profiles
Profiles7 records
Nexpay subsidiaries and ownership
Company hierarchySubsidiaries1 record
Nexpay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexpay 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 Nexpay
What does Nexpay do?
Nexpay provides business payment accounts with dedicated IBANs, SEPA and SEPA Instant euro transfers, and SWIFT multi-currency payments (23 currencies) for digital businesses. The platform offers a REST API with sandbox for programmatic integration, tiered subscription plans (Basic+, Premium, Enterprise), and serves high-risk industries including crypto companies, gaming, and payment service providers. Operates as a licensed Electronic Money Institution (EMI) under the Bank of Lithuania (License No. 18) with segregated client fund custody at the European Central Bank system.
Is Nexpay a public or private company?
Nexpay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Nexpay founded?
Nexpay was founded in 2017. It employs 11 to 50 people.
Where is Nexpay based?
Nexpay is headquartered in Vilnius, Lithuania, in the Europe region.
How does Nexpay make money?
Four revenue lines are on record. Subscription Plans (Basic+, Premium, Enterprise) is the primary driver. The others are transaction Fees, onboarding & Account Fees and service & Operational Fees.
Who are Nexpay's main competitors?
Direct peers on record are BCB Group, Contis, Clear Junction, Modulr and Treezor. Broad incumbents are Solaris SE, Revolut Business, Wise Business and Payoneer. Bankera is listed as a regional player.
Does Nexpay have an API?
Yes. Nexpay REST API for developers and businesses to automate and integrate payment services. Supports programmatic creation and management of IBAN accounts, cross-border transfers, payment status queries, payment histories, recurring payments, and webhook subscriptions for real-time events. API features: sandbox environment available at https://api-beta.tst.globitex.com, production at https://api-beta.tst.globitex.com, HMAC-SHA512 authentication, Postman collection available for integration testing. Main endpoints include: GET /api/1/eurowallet/status (account information), POST /api/2/eurowallet/payments (create outgoing payments), GET /api/1/eurowallet/payments/status (payment status), GET /api/1/nexpay/payments (payment details), GET /api/1/eurowallet/payments/history (account statements), accounts management, SWIFT transfers, recurring payments, scheduled payments, commission calculation, and webhook notifications for payment status changes. Developer documentation is at paynexpay.com/api.
What industry is Nexpay in?
Nexpay's product category is Electronic Money Institution Services. Its primary akta.pro industry code is FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services, with a secondary code of BPAMAFAK, Cross-Border & FX Payments Platforms. Its NAICS code is 52232 and its SIC code is 6199.