Sagapay

What Sagapay does

Sagapay (legally Saga Pay Ltd) is a privately held cryptocurrency infrastructure company incorporated in Victoria, Seychelles in 2024, operating a zero-fee multi-chain crypto payment gateway and a beta-stage non-custodial mobile wallet. The payment gateway enables merchants to accept payments across 20+ blockchain networks (Ethereum, BSC, Polygon, Solana, Arbitrum, Optimism, Avalanche, and others) and 1M+ tokens via a REST API, six SDK languages (JavaScript, Python, PHP, Ruby, Go, Java), WebSocket feeds, and pre-built plugins for Shopify, WooCommerce, Magento, and PrestaShop, with integration reportedly achievable in under ten lines of code. The non-custodial SagaPay Wallet claims a 15-layer security architecture including FIPS 140-2 Level 3 HSM integration, photo authentication, tamper detection, panic mode with antiforensic data destruction, and offline/air-gapped operation; the wallet explicitly collects zero user data.

The company pursues an API-first and product-led growth motion targeting developers and e-commerce merchants globally, with stated no geographic restrictions beyond FATF-blacklisted and sanctioned jurisdictions. Revenue mechanics rely on three streams: premium enterprise feature subscriptions, white-label licensing of the payment infrastructure, and minimal optional BNB donations on sent transactions (~$0.0001 to $0.01 USD per transaction). The gateway charges 0% deposit and withdrawal fees, with users paying only underlying blockchain gas fees to validators. The firm is bootstrapped with no disclosed funding rounds, operates with 11-50 employees, and has announced an upcoming SagaPay Crypto Debit Card to extend into consumer crypto-to-fiat point-of-sale spending.

Name

Sagapay

Legal name

Saga Pay Ltd

Website

https://sagapay.net

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Sagapay (Saga Pay Ltd) operates a zero-fee, multi-chain cryptocurrency payment gateway and a non-custodial mobile wallet for global e-commerce merchants, developers, and crypto users, monetizing via premium enterprise features, white-label licensing, and an upcoming crypto debit card.

Ownership category

akta.pro rank

Product category

Cryptocurrency Payment Infrastructure

NAICS

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

SIC

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

akta.pro primary industry

Crypto Payment Gateways & Checkout APIs (FSADAIAA)

Keywords

• Crypto payment gateway
• Non-custodial wallet
• Multi-chain payments
• Blockchain infrastructure
• Merchant payment processing

Headquarters

HQ city

Victoria

HQ country

Seychelles

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Premium Enterprise Features: Revenue generated from premium enterprise-tier features, white-label solutions, and value-added services beyond the core free payment gateway. These premium offerings provide additional functionality for high-volume merchants and institutions.
2. White-Label Solutions: White-label deployment of SagaPay's payment infrastructure for businesses wanting branded cryptocurrency payment capabilities.
3. Payment Gateway Minimal Donations: Payment gateway accepts minimal donation amounts (~$0.0001 to $0.01 USD in BNB) for sent transactions to support infrastructure sustainability. Receiving payments requires no donation.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

SagaPay operates a free cryptocurrency payment gateway with 0% deposit and withdrawal fees supporting 20+ blockchains and 1M+ tokens, paired with a military-grade non-custodial mobile wallet featuring 15-layer security including HSM, photo authentication, and panic mode protection. Developers integrate via RESTful APIs and SDKs in under 10 lines of code, with pre-built plugins for Shopify, WooCommerce, Magento, and PrestaShop, targeting merchants seeking to eliminate 2-3% processing fees and crypto users seeking self-custody.

Product overview

SagaPay operates a cryptocurrency ecosystem with three core offerings: (1) the SagaPay Payment Gateway - the world's first free cryptocurrency payment gateway enabling merchants to accept crypto payments across 20+ blockchains with 0% fees; (2) SagaPay Wallet - a military-grade non-custodial mobile wallet currently in Beta with 15-layer security including hardware security modules and photo authentication; and (3) the upcoming Crypto Debit Card for spending crypto at point-of-sale with instant fiat conversion. The payment gateway and wallet operate independently - the wallet requires no account and collects zero data, while the payment gateway provides enterprise API infrastructure for merchants.

Differentiator

Problem solved

Functional benefit

Brands

• SagaPay Wallet: World's most secure non-custodial cryptocurrency wallet with military-grade security featuring hardware security modules, photo authentication, tamper detection, and panic mode protection.
• SagaPay Crypto Debit Card

Products and services

• SagaPay Payment Gateway World's first free cryptocurrency payment gateway enabling merchants to accept crypto payments with 0% deposit and withdrawal fees. Supports 20+ blockchains and 1M+ tokens with RESTful API integration in under 10 lines of code, automatic cross-chain routing and fee optimization, real-time exchange rate locking, sub-second Layer 2 confirmation, zero-knowledge payment verification, and pre-built plugins for Shopify, WooCommerce, Magento, and PrestaShop. Targets e-commerce merchants, developers, DeFi protocols, NFT marketplaces, and crypto gaming platforms globally.
• SagaPay Wallet Military-grade non-custodial cryptocurrency mobile wallet currently in Beta, featuring a 15-layer security system including FIPS 140-2 Level 3 hardware security modules, photo authentication for every transaction, tamper detection with immediate data destruction, panic mode with alien-grade encryption and antiforensic data destruction, offline-first air-gapped operation, and physical security features. Supports multi-chain assets with complete user sovereignty over private keys and zero data collection. Free to download with no fees. Targets security-conscious crypto users and high-net-worth individuals.
• SagaPay Crypto Debit Card Upcoming SagaPay-branded cryptocurrency debit card enabling users to spend cryptocurrency anywhere in the world with instant crypto-to-fiat conversion at point of sale. Features competitive FX rates, no monthly fees, and acceptance at millions of merchants worldwide. Currently in development.

Quantifiable outcome

• 0% transaction fees vs 2-3% traditional processors
• +4 more outcomes

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability2 records

Feature7 records

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BTCPay Server: Open-source, self-hosted Bitcoin and crypto payment processor emphasizing non-custodial architecture. Closest philosophical peer given SagaPay's non-custodial, open-source positioning.
• NOWPayments: Crypto payment gateway supporting 200+ coins with global merchant focus and a similar low-fee positioning. Most head-to-head competitor in the 'low/no-fee multi-chain gateway' niche.
• MetaMask: Most-used non-custodial EVM wallet, integrated with SagaPay via WalletConnect for payments. Competes on the consumer wallet side while also serving as a payment rail for dApps.
• Coinbase Commerce: Coinbase's merchant crypto payment gateway supporting multiple chains and stablecoin settlements. Most direct large-scale competitor to SagaPay's gateway offering, with deep brand and liquidity advantages.
• CoinGate: Multi-chain crypto payment gateway and merchant services provider with plugins for major e-commerce platforms, directly overlapping with SagaPay's Shopify/WooCommerce integrations.
• BitPay: Long-standing crypto payment processor for merchants with fiat settlement and a crypto debit card product. Closely comparable in product scope (gateway + card) but charges merchant fees and uses a custodial model.
• Trust Wallet: Non-custodial multi-chain mobile wallet supporting the same chains SagaPay targets. Direct peer on the SagaPay Wallet side, with broader brand recognition via Binance affiliation.

Broad incumbents

• Crypto.com Pay: Payment solution from Crypto.com bundling merchant acceptance, card, and app ecosystem. Comparable across the payment+card stack but embedded inside a much larger exchange/app business.
• Stripe (with crypto support): Global payments incumbent that has expanded into stablecoin/USDC acceptance. Represents the broader incumbent threat — if Stripe fully embraces crypto rails at scale, SagaPay's developer-first wedge narrows.
• Binance Pay: Crypto payment service from the largest crypto exchange, leveraging Binance's user base and liquidity. A broad incumbent that can subsidize payment fees using exchange revenue.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/sagapay

Compliance2 records

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 Sagapay