Sentoo
Sentoo is a Curaçao-headquartered payment service provider offering account-to-account "Pay by Bank," card processing, and SoftPOS solutions across the six Dutch Caribbean islands, serving SMBs, enterprises, non-profits, and government agencies.
- Company typePrivate
- Founded2016
- HeadquartersWillemstad, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Sentoo does
Sentoo B.V. is a Curaçao-incorporated payment service provider founded in 2016, operating across the six Dutch Caribbean islands (Aruba, Curaçao, Bonaire, Saba, St. Eustatius, and St. Maarten). The company operates an account-to-account (A2A) "Pay by Bank" payment orchestration platform with direct integrations to eight local Caribbean banks, enabling consumers to authorize payments from within their banking app without wallets, cards, or stored credentials. Its technology stack is API-first (REST with OpenAPI v3/Swagger), ISO 27001:2022 certified, and self-attested GDPR compliant, with architecture explicitly designed so that no personal payment data resides on Sentoo systems.
The product portfolio spans core acceptance methods (Sentoo Pay by Bank, QR Code, Payment Link, Checkout), in-person acceptance (SentooGo SoftPOS on iOS/Android), card processing (Visa/Mastercard), and workflow modules (Subscription Payments, Donations, Invoice Payments integrated with QuickBooks and Odoo). Distribution is multimodal: self-serve onboarding via the Sentoo Merchant Portal; a Shopify Payment Partner designation; plugins across Shopify, WooCommerce, Magento, Odoo, Wix, and Sylius; accounting software connectors (QuickBooks Online/Desktop, Exact Online, Twinfield, Wave, Postex, Bric); and an OEM embedded channel through the IBIS Management Alchemy Platform.
Sentoo's revenue model combines transaction fees (1% of payment amount, capped at $1.50 per A2A transaction), card gateway and processor fees ($0.27–$0.48 plus 0.25%–0.75%), and monthly subscription tiers for add-on modules starting at $20/month (card gateway) up to $340/month (QuickBooks integration at 10,000 invoices). Pricing is publicly disclosed with a free sign-up and pay-as-you-go default. The customer base spans small and medium businesses (primary), enterprise merchants (e.g., Kooyman, TUI, Acoya Curaçao Resort), non-profits (e.g., Rode Kruis Curaçao), and government entities (Curaçao Tax Office, Sint Maarten Tax Administration). No external venture funding has been disclosed in the source materials.
Sentoo firmographics
Firmographics- Name
- Sentoo
- Legal name
- Sentoo B.V.
- Website
- https://sentoo.io
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Sentoo is a Curaçao-headquartered payment service provider offering account-to-account "Pay by Bank," card processing, and SoftPOS solutions across the six Dutch Caribbean islands, serving SMBs, enterprises, non-profits, and government agencies.
- Ownership category
- akta.pro rank
Sentoo industry classification
Industry- Product category
- Digital Payments Platform
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)
- akta.pro secondary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
Keywords
Where Sentoo is headquartered
LocationHeadquarters
- HQ city
- Willemstad
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Sentoo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Transaction Fees (Account-to-Account): Sentoo charges merchants a transaction fee of 1% of the payment amount with a maximum of $1.50 per successful transaction. This is a pay-per-transaction model with no monthly fees and no contractual commitment.
- QR Code/Invoice Add-on Subscription: Merchants adding Sentoo QR codes to invoices pay a monthly subscription starting from $65/month, plus a one-time setup fee.
- QuickBooks Integration Plans: Invoice payment integration for QuickBooks with tiered monthly pricing: 500 invoices at $65/month, 1,000 at $125/month, 5,000 at $260/month, 10,000 at $340/month. Includes one-time setup fee of $1,500.
- SentooGo SoftPOS: Mobile POS solution with standard transaction fees plus monthly device subscription. Pricing varies by setup and payment methods offered. Contact sales for details.
- Card Payment Processing: Card payments include Sentoo gateway fee ($0.27-$0.48), card processing fee (0.25%-0.75% plus bank's MDR), and monthly fee starting at $20. One-time setup fee applies.
- Odoo Integration: Odoo invoicing integration with capped transaction fees (1% max $1.50) and one-time implementation fee by Odoo partner. No monthly fees or contract period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard A2A Transaction Fee |
| Subscription | Monthly | QR Code/Invoice Add-on |
| Subscription | Monthly | QuickBooks Integration - 500 invoices/month |
| Subscription | Monthly | QuickBooks Integration - 1,000 invoices/month |
| Subscription | Monthly | QuickBooks Integration - 5,000 invoices/month |
| Subscription | Monthly | QuickBooks Integration - 10,000 invoices/month |
| Hybrid | Monthly | Card Payment Gateway |
| Subscription | Monthly | SentooGo SoftPOS |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels8 records
Sentoo product offering
Product offeringCore offering
Sentoo is a Pay by Bank payment orchestration platform that lets merchants in the Dutch Caribbean accept account-to-account (A2A) transfers and card payments directly from customers' local bank apps, without wallets or credit cards. The platform integrates with eight local Caribbean banks and provides a Merchant Portal, REST API, e-commerce plugins, invoice integrations, a SentooGo SoftPOS mobile app, subscription billing, and donation collection.
Product overview
Sentoo is a Caribbean-focused digital payments platform headquartered in Curaçao, offering a comprehensive suite of Pay by Bank (account-to-account) and card payment solutions. The core product portfolio includes Sentoo Pay by Bank (A2A transfers), Sentoo QR Code, Sentoo Payment Link, and Sentoo Checkout as the primary payment acceptance methods, complemented by the SentooGo SoftPOS app for in-person mobile payments. Supporting modules include e-commerce plugins (Shopify, WooCommerce, Magento, Odoo, Wix), invoice payment integrations (QuickBooks, Odoo Invoicing), card payment processing (Visa/Mastercard), subscription billing, and a charitable donations module. The Sentoo Merchant Portal provides the back-office interface for transaction management, reporting, and reconciliation, while the Sentoo API enables custom integrations. The platform processes payments across local currencies (ANG, AWG, USD) and serves businesses in Aruba, Curaçao, Bonaire, Saba, St. Eustatius, and St. Maarten.
Differentiator
Problem solved
Functional benefit
Products and services
- Sentoo Pay by Bank Core A2A payment product enabling merchants to accept account-to-account transfers directly from customers' local bank accounts via online or mobile banking. Customers select their bank, log in to their secure banking environment, review pre-filled payment details, and authorize the transaction; funds transfer instantly to the merchant's bank account.
- Sentoo Card Payments Credit and debit card payment processing via Visa and Mastercard with built-in 3D Secure payer authentication, for merchants needing to accept international card payments alongside local bank transfers.
- SentooGo SoftPOS Software-based point-of-sale application that transforms compatible Android or iOS smartphones or tablets into secure payment terminals without additional hardware. Supports Tap to Pay and Scan to Pay, accepts local bank transfers and is expanding to Visa and Mastercard; designed for retail, hospitality, delivery, and mobile businesses.
- Sentoo Invoice Payments Invoicing integration module that adds QR codes or payment links to invoices, enabling customers to pay directly via their local bank account, with automatic reconciliation delivering 100% matching payment entries. Connects with accounting software including QuickBooks, Odoo, Postex, and Bric.
- Sentoo for QuickBooks Integration connecting Sentoo with QuickBooks Online for invoicing. Merchants email QuickBooks invoices with embedded QR codes and payment links; customers select their local bank and approve payment instantly with funds deposited directly into the merchant's bank account.
- Sentoo for Odoo Invoicing Integration with Odoo Invoicing that adds QR codes or payment links to Odoo invoices; customers scan and pay directly using their local bank account with 100% matching payment entry for automatic reconciliation. Implementation is handled by Sentoo's Odoo partner.
- Sentoo Subscription Payments Subscription billing feature within the Merchant Portal allowing merchants to create and manage recurring subscription plans with configurable frequency (weekly/monthly/yearly), currency, amount, transaction descriptions, email notifications, and customer management.
- Sentoo Donations Charitable donations payment solution enabling organizations to collect online donations with local bank payments, supporting multiple Caribbean charities across Curaçao, Aruba, and Bonaire.
- Sentoo Merchant Portal Secured web-based dashboard for merchants to manage transactions, view payment statuses, configure processor accounts, manage invoices, oversee user permissions (Admin/Manager/User roles), and access subscription plan and customer management features.
- Sentoo API REST API enabling merchants and partners to build custom payment integrations. Uses HTTPS with merchant ID and secret key authentication, includes OpenAPI v3/Swagger documentation, test environment, and connection to a secured integration environment.
- Sentoo.Me App Personal payment request app that allows individuals to request payments from others using local bank accounts, enabling peer-to-peer and small personal payment collection.
Quantifiable outcome
- Payments complete in under 30 seconds
- +2 more outcomes
Companies that use Sentoo
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Sentoo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
Feature7 records
Sentoo partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, major and minor.
- ShopifycoreSentoo is an official Shopify Payment Partner, enabling merchants in Aruba, Curaçao, Bonaire, Saba, Statia, and Sint Maarten to accept Pay by Bank, cards, and iDEAL with local payouts through the Shopify platform.
- IBIS ManagementcorePartnership to integrate Pay by Bank into the Alchemy Platform, making it a native feature through a single embedded solution for financial institutions throughout the Caribbean region.
- Aruba BankcoreLocal bank integrated with Sentoo for Pay by Bank payments in Aruba. One of 8 participating banks across the Caribbean.
- Banco di CaribecoreLocal bank integrated with Sentoo for Pay by Bank payments across multiple Caribbean islands.
- Caribbean Mercantile Bank (CMB)coreLocal bank integrated with Sentoo for Pay by Bank payments. Available in Aruba and other Caribbean islands.
- Maduro & Curiel's Bank (MCB)coreMajor Caribbean bank integrated with Sentoo for Pay by Bank payments in Curaçao, Bonaire, and other islands.
- Orco BankcoreLocal bank integrated with Sentoo for Pay by Bank payments.
- Windward Islands Bank (WIB)coreLocal bank integrated with Sentoo for Pay by Bank payments in St. Maarten and other Windward Islands.
- OdoomajorOdoo partner provides implementation services for Sentoo Odoo Invoicing integration. One-time implementation fee charged by Odoo partner for seamless integration setup.
- Simia.cwminorMember of Simia.cw, a Curaçao technology/business organization.
- Curaçao Fintech AssociationminorMember of Curaçao Fintech Association, the industry body for financial technology companies in Curaçao.
- WooCommercecoreOfficial Sentoo plugin available for WooCommerce/WordPress websites enabling easy payment integration.
- QuickBooksmajorSentoo integration for QuickBooks invoicing, both desktop and online versions, enabling payment link and QR code attachment to invoices.
- MagentomajorSentoo plugin available for Magento e-commerce platforms.
- WixmajorSentoo integration available for Wix website builders.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Sentoo competitors and assessment
Company assessmentEmerging players
- Plaid: Open Banking connectivity platform enabling bank account data and A2A payment initiation. Adjacent / enabling player — comparable technology approach for bank-data-driven payment flows, particularly relevant for any future expansion of Sentoo's A2A rails.
Direct peers
- Tink: Open Banking / account-to-account payment platform (owned by Visa). Operates the European Pay by Bank infrastructure Sentoo's product mirrors — relevant peer for technology and partnership benchmarking.
- SumUp: SoftPOS and mobile card-acceptance provider with strong SMB footprint across Europe. Directly comparable to Sentoo's SentooGo SoftPOS product in mobile payment acceptance for small merchants.
- Mollie: Dutch-headquartered payment gateway offering multi-method checkout (including iDEAL) and merchant APIs. Comparable regional payment specialist with similar SMB focus, transaction-based pricing, and broad e-commerce plugin ecosystem.
- MultiSafepay: Dutch payment service provider offering iDEAL, card processing, and merchant integrations. Closely comparable model — regional payment gateway with bank-based methods, e-commerce plugins, and SMB pricing similar to Sentoo.
- Trustly: Pay-by-Bank / account-to-account payment specialist (now part of PayPal) operating across Europe and the US. Most directly comparable to Sentoo's core Pay by Bank product; relevant for trajectory benchmarking on A2A scaling.
- Buckaroo: Dutch payment service provider with iDEAL, card processing, subscriptions, and invoice integrations. Comparable SMB-focused regional payment gateway with similar plugin/integration strategy.
Broad incumbents
- Stripe: Global payment infrastructure platform with extensive API, hosted checkout, and plugin ecosystem (Shopify, WooCommerce, etc.). Comparable product surface to Sentoo but global scale; represents the primary competitive threat if Stripe localizes for the Caribbean.
- Adyen: Global omnichannel payment platform offering unified online, in-person, and platform payment processing. Comparable in offering breadth (cards, A2A via Open Banking, POS) but at vastly larger scale and broader geographic coverage.
- iDEAL: Dominant Pay by Bank scheme in the Netherlands (now evolving into Wero). Sentoo already integrates iDEAL/Wero; iDEAL represents both a partner and a benchmark for the Pay by Bank model Sentoo replicates in the Caribbean.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Sentoo social profiles
Digital presenceSentoo compliance and trust
Trust signalCompliance2 records
Sentoo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sentoo leadership team
Management profileNumber of profiles
Sentoo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sentoo 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 Sentoo
What does Sentoo do?
Sentoo is a Pay by Bank payment orchestration platform that lets merchants in the Dutch Caribbean accept account-to-account (A2A) transfers and card payments directly from customers' local bank apps, without wallets or credit cards. The platform integrates with eight local Caribbean banks and provides a Merchant Portal, REST API, e-commerce plugins, invoice integrations, a SentooGo SoftPOS mobile app, subscription billing, and donation collection.
Is Sentoo a public or private company?
Sentoo is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sentoo founded?
Sentoo was founded in 2016. It employs 11 to 50 people.
Where is Sentoo based?
Sentoo is headquartered in Willemstad, Netherlands, in the Europe region.
How does Sentoo make money?
Six revenue lines are on record. Transaction Fees (Account-to-Account) is the primary driver. The others are QR Code/Invoice Add-on Subscription, quickBooks Integration Plans, sentooGo SoftPOS, card Payment Processing and odoo Integration.
Who are Sentoo's main competitors?
Plaid is listed as an emerging player. Direct peers are Tink, SumUp, Mollie, MultiSafepay, Trustly and Buckaroo. Broad incumbents are Stripe, Adyen and iDEAL.
Does Sentoo have an API?
Yes. Sentoo provides a REST API with HTTPS connections for merchants to integrate payment processing into their websites, invoicing modules, or online portals. Authentication is performed via a combination of merchant ID and secret key. The developer package includes access to REST API documentation, Open API v3 / Swagger development kit with executable test API requests, and connection to a secured integration environment for testing. The merchant onboarding process involves: (1) completing details on the online form to receive the developer package, (2) integrating with APIs on the integration environment for testing, (3) Sentoo configures bank accounts for the organization, and (4) launch and acceptance of local payments. Technical documentation is provided after filling out the contact form. Developer documentation is at developer.sentoo.io.
What industry is Sentoo in?
Sentoo's product category is Digital Payments Platform. Its primary akta.pro industry code is FSAMAFAC, Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant), with a secondary code of FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout). Its SIC code is 6199.