Flitt

What Flitt does

Flitt, operated by TPAY LLC (registration number 0100-7704), is a unified online payment gateway platform headquartered in Tbilisi, Georgia, and a wholly-owned subsidiary of TBC Group, one of the largest banking and financial services conglomerates in the Caucasus. The company serves businesses registered in Georgia, Uzbekistan, Moldova, and Armenia, with stated plans for further expansion into additional CIS countries.

The platform consolidates seven payment methods — Visa/Mastercard card payments, Apple Pay and Google Pay wallets, open banking (account-to-account), buy-now-pay-later installments (powered by TBC Bank), pay-by-link, subscriptions, and payouts — behind a single REST API integration. Supporting infrastructure includes SDKs for Swift, Kotlin, React Native, Flutter, PHP, Python, Java, C#, and Node.js; a sandbox environment; PCI DSS Level 1 certification with annual independent QSA audits; an internal anti-fraud system; tokenized card storage; real-time merchant dashboard analytics; and ready-made plugins for Shopify, WooCommerce, Wix, Tilda, and CS-Cart. Settlements are reflected within 24 hours in GEL, USD, or EUR. Recent 2026 product additions include the Flitt Dashboard mobile app (iOS/Android, 2026-04-22) and the Flitt Integration Skill (2026-06-24), an AI-assisted developer tool exposing Flitt's documentation to third-party AI coding assistants.

Flitt monetizes via a transaction take-rate: 2.2% for the Starter tier (0–10,000 GEL monthly volume), 2.0% for Growth (10,000–50,000 GEL), and custom rates for Enterprise (50,000+ GEL); international cards are priced at up to 2.5%, and open banking from 1%. There are no disclosed setup fees, monthly charges, or external funding rounds. Distribution combines a self-serve merchant portal (product-led growth for SMBs), a dedicated enterprise sales motion with custom pricing, API-first developer distribution, and channel partnerships through e-commerce platform marketplaces. Named customers include Glovo (delivery across three countries), Bolt, Wolt, Wissol, Letz, and Silknet, spanning delivery, mobility, retail, and telecommunications verticals.

Name

Flitt

Legal name

TPAY LLC

Website

https://flitt.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Flitt, a TBC Group subsidiary operating in Georgia, Uzbekistan, Moldova, and Armenia, provides a unified online payment gateway combining cards, wallets, open banking, BNPL, pay-by-link, subscriptions, and payouts through a single API integration for SMBs and enterprises.

Ownership category

akta.pro rank

Product category

Online Payment Gateway

NAICS

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

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH), International / Cross-Border BNPL & Multi-Currency POS Financing (FSAGAIAN)

Keywords

• Online payment gateway
• Payment processing platform
• Merchant payment solutions
• Payment API integration
• Unified checkout platform

Headquarters

HQ city

Tbilisi

HQ country

Georgia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Fees: Percentage-based transaction fees charged per successful payment processed. Tiered pricing based on merchant volume - Starter (2.2%), Growth (2.0%), Enterprise (custom). Additional 2.5% for international cards and up to 1% for open banking transactions.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels4 records

Core offering

Flitt is a unified online payment gateway platform that enables businesses to accept and manage payments through a single API integration, supporting card payments (Visa and Mastercard), digital wallets (Apple Pay and Google Pay), open banking, Buy Now Pay Later installments, Pay by Link, subscriptions, and payouts. The platform serves merchants in Georgia, Uzbekistan, Moldova, and Armenia with multi-currency settlements in GEL, USD, and EUR, ready-made plugins for major e-commerce platforms, and PCI DSS Level 1 security. Pricing is transaction-based with no setup or monthly fees, tiered from 2.2% Starter through 2.0% Growth to custom Enterprise rates.

Product overview

Flitt is an online payment gateway platform offering a unified suite of seven core payment products accessible through a single integration. The platform is organized around the core Flitt payment platform, which consolidates Card Payments, Wallet Payments (Apple Pay and Google Pay), Open Banking, Buy Now Pay Later (BNPL), Pay by Link, Subscriptions, and Payouts into one seamless system. Merchants access these products via embedded or redirected checkout flows, plugins for e-commerce platforms (Shopify, WooCommerce, Wix, Tilda, CS-Cart), or the Flitt Dashboard merchant portal. Add-on modules include the Flitt Dashboard mobile app for on-the-go payment management and the Flitt Integration Skill for AI-assisted developer onboarding.

Differentiator

Problem solved

Functional benefit

Products and services

• Card Payments Core payment method allowing merchants to accept Visa and Mastercard card payments via an embedded or redirected checkout flow with secure card saving for recurring transactions and easy refunds.
• Wallet Payments Digital wallet payment method enabling customers to pay via Apple Pay and Google Pay directly on web and mobile without card entry or redirects, supporting one-tap contactless checkout experiences.
• Open Banking Account-to-account payment method allowing customers to pay directly from their bank account without cards, offering lower transaction fees, no chargebacks, and direct settlement to the merchant's account.
• Buy Now, Pay Later (BNPL) Installment and split-payment solution powered by TBC Bank, allowing customers to pay in 4 equal monthly installments at no additional commission, fully embedded in the checkout page with no redirects.
• Pay by Link Payment link generation tool allowing merchants to create and share branded payment links via email, SMS, social media, or chat without requiring a website or developer, supporting cards, wallets, open banking, and BNPL.
• Subscriptions Automated recurring payment management platform enabling businesses to set up subscription billing with custom billing cycles, trial periods, pricing options, automatic retries, and payment updates.
• Payouts Fund transfer service enabling merchants to send single or bulk payouts to partners, freelancers, vendors, or customers with multi-currency regional and international transfers, real-time tracking, and automated reporting.

Quantifiable outcome

• Payments reflected within 24 hours
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and flagship.

• TBC BankcoreStrategic or Co-development PartnerTBC Bank is the parent company of Flitt. Flitt was created as TBC Group acquired an international payment platform to serve the growing e-commerce market. TBC provides the underlying infrastructure for BNPL and installment services (TBC installments and BNPL) integrated into Flitt's platform. This is a flagship partnership powering Flitt's payment ecosystem.
• GlovoflagshipGTM or Marketing PartnerGlovo uses Flitt for payment processing across three countries. This is a key customer reference case demonstrating Flitt's ability to handle high-volume, multi-country delivery platform payments.
• BoltcoreGTM or Marketing PartnerBolt is a mobility and delivery platform partner using Flitt payment solutions.
• WoltcoreGTM or Marketing PartnerWolt is a food delivery platform partner using Flitt payment solutions.
• ShopifyflagshipTechnology or IntegrationFlitt has built-in integration for Shopify. The BNPL and installment functionality is the only such platform integrated on Shopify, making it a key differentiator for e-commerce merchants on Shopify.
• WooCommercecoreTechnology or IntegrationFlitt provides ready-made plugin integration for WooCommerce e-commerce platform.
• WixcoreTechnology or IntegrationFlitt provides ready-made plugin integration for Wix website builder platform.
• Codex (OpenAI)coreTechnology or IntegrationFlitt Integration Skill provides official documentation and integration prompts to Codex AI coding assistant for accurate Flitt integration assistance.
• GitHub CopilotcoreTechnology or IntegrationFlitt Integration Skill provides official documentation and integration prompts to GitHub Copilot for accurate Flitt integration assistance.
• Claude Code (Anthropic)coreTechnology or IntegrationFlitt Integration Skill provides official documentation and integration prompts to Claude Code AI coding assistant for accurate Flitt integration assistance.
• CursorcoreTechnology or IntegrationFlitt Integration Skill provides official documentation and integration prompts to Cursor AI coding assistant for accurate Flitt integration assistance.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Checkout.com: Integrated payment processor offering card acquiring, local payment methods, and payouts through one API. Comparable to Flitt in serving multi-country enterprise merchants with PSP+acquirer capabilities.
• Adyen: Unified global payment processor with a single API for card, wallet, and local payment methods plus payouts. Closely comparable to Flitt's enterprise-grade, single-integration approach for large merchants like Glovo and Bolt.
• Stripe: Global integrated payment processor offering cards, wallets, BNPL, subscriptions, and payouts via a unified API. Directly comparable to Flitt's product suite and developer-led GTM, and a primary competitor for merchants Flitt serves across multiple countries.

Emerging players

• Razorpay: Regional integrated payment processor in India that bundles cards, wallets, netbanking, BNPL, subscriptions, and payouts via one API. Comparable to Flitt as a regional PSP consolidating fragmented payment methods in an emerging market.
• Paddle: Merchant-of-record payment platform specializing in subscriptions and digital commerce. Comparable to Flitt where it serves SaaS and digital subscription merchants across multiple regions.
• PayU: Global fintech with deep emerging-market presence offering PSP, cards, wallets, and BNPL. Comparable to Flitt in regions where it operates in CIS-adjacent emerging markets and segments by merchant size.

Others

• TBC Bank: Parent company of Flitt and one of the largest banks in the Caucasus. Comparable as the financial institution that provides BNPL credit infrastructure, regulatory standing, and balance-sheet support to Flitt.

Regional players

• Click: Leading Uzbekistan payment service provider for online and in-person commerce. Comparable to Flitt as a regional multi-payment rails competitor in Uzbekistan.
• Payme: Uzbekistan-based payment platform providing cards, wallets, and QR payments. Directly comparable to Flitt's Uzbekistan operations and a regional competitor in the same geography.
• YooMoney (Yandex.Pay): Russian payment service provider offering cards, wallets, BNPL, and payouts to merchants. Comparable to Flitt in product breadth and CIS regional orientation, though currently constrained to the Russian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/flittpayments
• Facebookfacebook.com/flittpayments
• LinkedInlinkedin.com/company/flittpayment
• Instagraminstagram.com/flitt

Compliance1 record

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 Flitt