HomePay
HomePay is a dual-product fintech operating a Singapore home renovation escrow payment app with DBS custody, and Blaze, a B2B remittance orchestration API for global MTOs disbursing funds to Bangladesh's banks and mobile wallets.
- Company typePrivate
- Founded2023
- HeadquartersWilmington, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What HomePay does
HomePay operates a dual-product fintech platform targeting two distinct markets. Its flagship HomePay Escrow Payment App is a mobile platform launched in Singapore for the home renovation industry, holding homeowner payments in a custodian account with DBS Bank and releasing 50% to designers upfront with the balance paid only after project completion and homeowner approval; the service protects both homeowners and interior design firms from scams, incomplete work, and payment disputes, and has onboarded 200+ interior design entities processing millions of dollars in renovation payments weekly.
Its second product, Blaze, is a B2B Remittance Orchestration Network purpose-built for Bangladesh. Blaze exposes a single unified API that lets global Money Transfer Operators (MTOs) disburse funds to every bank account and mobile wallet in Bangladesh without per-bank integrations, format mapping, or protocol work; the platform processes 3.9M+ transactions with $498M+ cumulative gross payment volume at ~5-second average disbursement times, sub-200ms API latency, 99.99% uptime, and 10,000+ TPS throughput. MTOs retain 100% of their FX margin and maintain their own drawing arrangements with Bangladeshi banks, while Blaze handles routing, failover, queuing, and reconciliation.
The company makes money through transaction-based fees on both products — escrow processing fees on renovation payments and likely routing or per-transaction fees on Blaze disbursements — under a quote-based, non-publicly-disclosed pricing model. Its GTM mixes a product-led, mobile-app self-serve motion for the renovation product with an API-first, enterprise channel motion for Blaze. Future plans include geographic expansion into Malaysia (2027) and extension deeper into the renovation value chain with subcontractor payments and project management tools. The company is privately held as HomePay LLC with operations based in Singapore and Wilmington, Delaware as the legal domicile.
HomePay firmographics
Firmographics- Name
- HomePay
- Legal name
- HomePay LLC
- Website
- https://homepay.io
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HomePay is a dual-product fintech operating a Singapore home renovation escrow payment app with DBS custody, and Blaze, a B2B remittance orchestration API for global MTOs disbursing funds to Bangladesh's banks and mobile wallets.
- Ownership category
- akta.pro rank
HomePay industry classification
Industry- Product category
- Payment Infrastructure
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Alternative Payments & Digital Wallet Acceptance (A2A, RTP, wallets) (THALAHAH)
- akta.pro secondary industry
- Biller Direct EBPP Platforms (FSAMAJAA)
Keywords
Where HomePay is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
HomePay business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Escrow Payment Processing: Transaction-based fees from processing renovation payments through the escrow platform. Payments are held in custodian account with DBS and released in tranches (50% upfront, 50% upon completion).
- Remittance Disbursement Services: Revenue from processing cross-border disbursements to Bangladesh through the Blaze network. MTOs maintain their own FX margins while Blaze handles technical routing complexity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard escrow payment service for home renovation transactions |
Go-to-market motion1 record
Distribution channels3 records
HomePay product offering
Product offeringCore offering
HomePay operates a mobile escrow payment platform for Singapore's home renovation industry that holds renovation payments in a DBS Bank custodian account and releases funds in milestones (50% upfront to interior designers, 50% balance upon completion and homeowner approval). The company also operates Blaze, a B2B remittance orchestration network providing cross-border disbursement infrastructure for Bangladesh through a single unified REST API that routes payments to all banks and mobile wallets with sub-200ms latency and 99.99% uptime SLA.
Product overview
HomePay operates as a dual-product fintech company: (1) HomePay Escrow Payment App — a mobile platform launched in 2023 for Singapore's home renovation industry, providing secure milestone-based payment handling in partnership with DBS Bank; and (2) Blaze — a B2B Remittance Orchestration Network for Bangladesh enabling global MTOs to disburse funds to Bangladeshi banks and mobile wallets through a unified API layer with real-time routing and 99.99% uptime SLA. The company plans to expand into Malaysia and deeper into the renovation value chain including subcontractor payments and project management tools.
Differentiator
Problem solved
Functional benefit
Brands
- Blaze: Remittance Orchestration Network for Bangladesh - a next-generation disbursement rail that enables Global MTOs to reach Bangladesh and local digital wallets (MFS & PSP) to inherit instant volume and connectivity.
Products and services
- HomePay Escrow Payment App A mobile escrow-payment application designed for Singapore's home renovation industry that protects homeowners and interior designers from scams and disputes by holding renovation payments in a DBS Bank custodian account and releasing funds based on project completion milestones (50% upfront to designer, 50% upon homeowner approval of completed work).
- Blaze A next-generation remittance orchestration network for Bangladesh that enables global Money Transfer Operators (MTOs) to reach Bangladeshi banks and mobile financial service wallets through a single unified REST API, providing instant network access, real-time routing with automatic failover, and automatic reconciliation while allowing MTOs to retain 100% of their FX margins through direct drawing arrangements with local banks.
Quantifiable outcome
- Processes millions of dollars in renovation payments weekly
- +3 more outcomes
Companies that use HomePay
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles2 records
HomePay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
HomePay partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
HomePay competitors and assessment
Company assessmentDirect peers
- Thunes: Thunes operates a cross-border payments network that connects mobile wallets, banks, and payment service providers across emerging markets. It is the closest direct comparison to Blaze's MTO-to-MFS orchestration model in corridors like Bangladesh.
- Nium: Nium provides cross-border payment infrastructure via a single API, including payouts to local banks and wallets across emerging markets. Its orchestration and real-time routing model closely mirrors Blaze's MTO Technical Gateway.
- TerraPay: TerraPay is a payment orchestration network that connects global senders to local mobile wallets and bank accounts in emerging markets, particularly across South Asia and Africa. It competes directly with Blaze in the Bangladesh corridor.
- dLocal: dLocal provides emerging-market payment infrastructure that enables global merchants to collect and disburse funds across local payment methods. Its single-connection architecture to multiple emerging-market rails is structurally similar to Blaze's MFS Aggregator Mesh.
- Currencycloud: Currencycloud (now part of Visa) offers a cross-border payment orchestration and FX platform via API. It is comparable to Blaze in providing developer-first infrastructure for cross-border disbursement, though at a more mature and broader scale.
Broad incumbents
- Wise: Wise (formerly TransferWise) is a large, established cross-border remittance and multi-currency account provider. It serves a much broader retail and business customer base, but it competes in the same Bangladesh-bound remittance flows that Blaze enables.
- Remitly: Remitly is a major digital remittance company with a strong Bangladesh corridor. It is not a direct orchestrator like Blaze, but it is a key end-to-end player whose MTO-side payment needs Blaze-style infrastructure is built to serve.
- WorldRemit: WorldRemit is a global digital remittance platform with deep coverage of mobile wallet payouts in emerging markets including Bangladesh. It is a relevant incumbent in the same remittance corridors that Blaze targets via its MTO clients.
- MoneyGram: MoneyGram is a long-standing global money transfer operator with significant Bangladesh disbursement volume. It represents the type of large MTO that Blaze's orchestration network is designed to serve.
- Payoneer: Payoneer provides cross-border B2B payment and mass-payout infrastructure to platforms, marketplaces, and freelancers. It overlaps with Blaze in the cross-border disbursement category, though at a broader SMB and enterprise scale.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
HomePay social profiles
Digital presenceHomePay financial estimates
Financial estimateRevenue estimate
Valuation estimate
HomePay leadership team
Management profileNumber of profiles
Profiles1 record
HomePay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HomePay 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 HomePay
What does HomePay do?
HomePay operates a mobile escrow payment platform for Singapore's home renovation industry that holds renovation payments in a DBS Bank custodian account and releases funds in milestones (50% upfront to interior designers, 50% balance upon completion and homeowner approval). The company also operates Blaze, a B2B remittance orchestration network providing cross-border disbursement infrastructure for Bangladesh through a single unified REST API that routes payments to all banks and mobile wallets with sub-200ms latency and 99.99% uptime SLA.
Is HomePay a public or private company?
HomePay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HomePay founded?
HomePay was founded in 2023. It employs 11 to 50 people.
Where is HomePay based?
HomePay is headquartered in Wilmington, United States, in the North America region.
How does HomePay make money?
Two revenue lines are on record. Escrow Payment Processing is the primary driver. The others are remittance Disbursement Services.
Who are HomePay's main competitors?
Direct peers on record are Thunes, Nium, TerraPay, dLocal and Currencycloud. Broad incumbents are Wise, Remitly, WorldRemit, MoneyGram and Payoneer.
Does HomePay have an API?
Yes. Blaze offers a REST API for disbursement operations. MTOs integrate once and reach every mobile wallet and bank account across Bangladesh through a unified endpoint. The API processes disbursements with <200ms latency, supports up to 10,000+ TPS throughput, and provides real-time transaction visibility with automatic retry, tracking, and reconciliation. A sandbox environment is available for API integration testing.
What industry is HomePay in?
HomePay's product category is Payment Infrastructure. Its primary akta.pro industry code is THALAHAH, Alternative Payments & Digital Wallet Acceptance (A2A, RTP, wallets), with a secondary code of FSAMAJAA, Biller Direct EBPP Platforms. Its SIC code is 6199.