What Nexos Go does

Nexos Go (legal entity Nexos Technologies Inc.) is an embedded finance platform company founded in 2019 and headquartered in Stamford, Connecticut, with a secondary office in New York and active deployments across the United States, Europe, Latin America and Asia. The company sells a modular, cloud-native payment processing and digital banking infrastructure to banks, financial institutions, independent software vendors, prepaid card program managers, and vertical customers in digital media, healthcare and telecom. Its core technology stack comprises six flagship products: Nexos Astra (a cloud-based merchant processing and card management platform), Nexos Ledgers (an open-source payment networking protocol connecting ledgers, processors and devices), Nexos Wallets (an open-source wallet framework interoperable with Flutter and other development frameworks), Nexos Embed (a framework for embedding payments into non-finance workflows such as retail, media royalty streaming, gaming and remittances), Nexos Fabrik (an inter-ledger connectivity framework bridging legacy and modern internet-native applications), and Nexos Pay (real-time programmable payments driven by event triggers). Supporting modules include an API gateway, card services, virtual accounts and the Nexos Threat Protect cyber architecture. Underlying infrastructure supports ISO 8583 and ISO 20022 payment standards, hybrid cloud/on-prem/air-gapped deployments, and developer access via enterprise sandbox and SDKs in Go, Node, Python and Elixir with REST, gRPC and wire protocol connectivity.

The company operates a multi-pronged go-to-market combining API-first developer outreach, enterprise field sales to global and regional financial institutions, and reseller/channel partnerships with complementary fintech providers. Revenue is generated through five streams: transaction-based payment processing and treasury services, managed services for prepaid card programs (payroll, gift, general purpose, incentive), professional integration and development services, asset management fees related to ABS and CRE structured investment funds, and an investment affiliate (NexVentures) that backs fintech startups. Pricing is quote-based and not publicly disclosed. The company operates a wholly-owned venture affiliate called NexVentures and co-developed BluShift Research (announced 2024), an advisory firm focused on bank advisory for stablecoins, tokenized deposits and digital money market funds. Leadership is concentrated under founder and CEO/CTO Gordon Baird, with the senior team claiming more than thirty years of banking and capital markets technology experience and a collective track record of processing over $100B in transaction volume in prior roles.

Name

Nexos Go

Legal name

Nexos Technologies Inc.

Website

https://nexosgo.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Nexos Go (Nexos Technologies Inc.) provides an embedded finance and payment processing platform built on a modular stack — Astra, Ledgers, Wallets, Embed, Fabrik and Pay — serving banks, ISVs, prepaid card programs and verticals including digital media, healthcare and telecom via API-first and enterprise sales channels.

Ownership category

akta.pro rank

Product category

Embedded Payments Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industries

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE), Card-Not-Present / eCommerce Acquirers (FSAMABAD)

Keywords

• Embedded payment processing
• Digital banking infrastructure
• Inter-ledger connectivity
• Merchant processing platform
• Programmable payment APIs

Headquarters

HQ city

Stamford

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing and Banking Services: Transaction-based payment processing services including merchant processing, payment orchestration, treasury accounts and services. Provides real-time payment processing for retailers and financial services applications.
2. Program Management Services: Program manager services for prepaid card programs including physical card and virtual card programs with banks, processors and corporations. Includes payroll cards, gift cards, general purpose cards, and incentive cards.
3. Professional Services: Professional services to assist with product integration and development.
4. ABS Investment Management: Manages ABS and CRE structured investment funds with $12B investment track record in managing investment grade and structured equity investments in ABS finance companies. Includes quantitative credit analysis, stress testing, and money market ABCP research.
5. Venture Investment (NexVentures): Investment affiliate dedicated to investing in the future of financial services focusing on payments, lending, wealth management, and financial infrastructure startups.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Nexos Go provides an embedded finance and digital payments platform consisting of the Nexos Astra cloud-based payments system, the Nexos Ledgers open-source networking protocol, the Nexos Wallets and Nexos Embed integration frameworks, and the Fabrik inter-ledger connectivity layer. The platform is sold to banks, financial institutions, ISVs, retailers, prepaid card program managers, and digital media companies via APIs, developer SDKs, mobile wallets, and partner banking distribution.

Product overview

Nexos Go is a comprehensive digital payments platform providing a modular architecture of interconnected products and services. The core offerings include: Nexos Astra (cloud-based payments platform for merchant processing), Nexos Ledgers (open-source payment networking protocol), Nexos Wallets (payment wallet framework), Nexos Embed (integration framework), Nexos Fabrik (inter-ledger connectivity framework), and Nexos Pay (real-time programmable payments). Supporting services include API Gateway, Card Services, Virtual Accounts, Cyber Protection, Prepaid Card Programs, Professional Services, and NexVentures (investment affiliate). The platform offers enterprise sandbox access for developer testing.

Differentiator

Problem solved

Functional benefit

Brands

• Nexos Astra: Cloud-based payments platform enabling advanced merchant processing services for card acceptance, merchant processing, dispute resolution, funds settlement and account reconciliation.
• Nexos Ledgers
• Nexos Wallets
• Nexos Embed
• NexVentures
• BluShift Research

Products and services

• Nexos Astra

Quantifiable outcome

• Processed over $100 billion of transaction volume
• +2 more outcomes

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature8 records

Partnerships

Five partnerships are on record, tiered core and minor.

• BluShift ResearchcoreStrategic or Co-development Partner · 1 January 2024BluShift Research is a new advisory and research firm dedicated to advising banks on stablecoins, tokenized deposits and digital money markets funds. Nexos announced this partnership to expand capabilities in the stablecoin and digital money advisory space.
• NexVenturescoreStrategic or Co-development PartnerNexVentures is Nexos's investment affiliate dedicated to investing in the future of financial services. Focus is on backing visionary management leveraging technology to drive innovation in payments, lending, wealth management, and financial infrastructure.
• Digital Asset PartnerscoreTechnology or IntegrationNexos works with high quality, regulatory first digital asset partners to design, deliver and manage high quality digital services.
• FinTech Infrastructure PartnersminorChannel Partner/ Reseller/ DistributorNexos develops integrations and partnerships with other segment-specific financial infrastructure providers - ISV, SMB, gaming - to help build out the global digital first payment and banking infrastructure.
• Global and Regional Financial InstitutionscoreTechnology or IntegrationNexos proactively works with global and regional financial institutions to identify emerging opportunities and needs as well as co-develop new products and services. Banks are considered both clients and partners.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Orum: Payment-intelligence and instant-payout infrastructure provider. Emerging player addressing a narrower use case (instant settlement / payout rails) within the same inter-ledger connectivity thesis as Nexos Fabrik.

Direct peers

• Unit: Embedded finance platform providing banking accounts, cards and lending via APIs. Comparable to Nexos Embed for embedding payments and banking into non-finance workflows.
• Finix: Payment-infrastructure platform enabling SaaS and marketplaces to embed payments. Closely comparable to Nexos's merchant processing and payment-orchestration modules.
• Modern Treasury: Payment-operations platform for real-time bank payments, reconciliation and ledgering. Compares to Nexos Ledgers / Fabrik for inter-ledger connectivity and treasury account services.
• Dwolla: ACH and bank-payment integration platform serving fintech developers. Comparable to Nexos's ACH Same Day / Standard modernization capabilities and API gateway.
• Synctera: Banking-as-a-Service platform pairing sponsor banks with fintechs for accounts, cards and lending. Directly comparable to Nexos Embed and Nexos's banking-partner-delivered prepaid-card and virtual-account programs.
• Marqeta: Public card-issuing and payment-processing platform serving fintechs and corporates. Most directly comparable to Nexos Astra's physical/virtual card issuance, dispute resolution and merchant processing capabilities.
• Galileo Financial Technologies: Payment-processing infrastructure for neobanks and fintechs, owned by SoFi. Closely comparable to Nexos's open-API ledger, virtual accounts and card-management offering for digital-first financial institutions.

Broad incumbents

• Stripe: Global payment-infrastructure giant offering processing, issuing and embedded finance at massive scale. Broad incumbent whose Issuing and Connect products overlap with Nexos Astra and Nexos Embed.
• Adyen: Global unified payments platform for enterprise merchants. Broad incumbent that overlaps with Nexos Astra's multi-channel payment gateway and merchant processing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NexosGo

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Nexos Go