HomePay

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.

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

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

• Escrow payment processing
• Cross-border remittance
• Payment orchestration network
• Mobile escrow platform
• Remittance disbursement infrastructure

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. 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).
2. 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

Go-to-market motion1 record

Distribution channels3 records

Core 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

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct 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

• Facebookfacebook.com/homepaylimited
• LinkedInlinkedin.com/company/homepayllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 HomePay