MoneyGo
MoneyGo is a private Nevis-incorporated digital payment provider offering API-based payment processing and a digital wallet for individual users and high-risk industry merchants, supporting USD and 30+ local currencies across 30+ countries.
- Company typePrivate
- Founded2020
- HeadquartersCharlestown, St. Kitts & Nevis
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What MoneyGo does
MoneyGo is a private digital payment services provider founded in 2020 and launched publicly in spring 2021, incorporated in Nevis, Saint Kitts and Nevis. The company operates an API-based payment processing platform that serves two customer segments: individual users who need cross-border money transfer, payment, and storage functionality, and merchants — explicitly including those in high-risk industry sectors that mainstream acquirers decline to serve. The platform supports USD and 30+ local currencies (BDT, INR, XOF, XAF, UZS, TRY, ARS, BRL, EGP, RUB, KGS and others), with coverage spanning 30+ countries across Africa, Asia, the CIS, the Middle East and North Africa, and Latin America, accessed through 150+ local payment methods.
The product surface consists of four modules: a personal digital wallet (MoneyGo Personal), a universal USD payment solution for merchants (MoneyGo USD), an outsourced peer-to-peer payment network (MoneyGo P2P Network) that lets merchants transact locally without opening local entities or bank accounts, and supporting partner and affiliate programs. Underlying technology is an API-first integration with single-connection access to multiple products, complemented by a multi-level security architecture (two-factor authentication via email or Telegram, login history, transaction monitoring, SSL encryption, and an automated anti-fraud system with a dedicated risk department). Distribution relies on direct API integration for merchants, a payment partner network of online exchangers and agents (with listings on monitoring platforms such as BestChange, ExchangeSumo, Pro-Obmen, and others), and an affiliate channel.
MoneyGo generates revenue from transaction fees on outgoing personal transfers (0.50% for verified users, 1.90% for unverified users), a 1.90% eVoucher issuance fee for personal users, and business transaction commissions (0% pay-in, 0.50% pay-out, 5% on settlement at market rates), with no chargeback or hidden fees. Partners earn commission on every transaction they process, and affiliates earn 10% of MoneyGo's profit on referred users' deposits. The company does not disclose revenue, headcount, funding, or management team in the available materials, and operates as a privately held, apparently bootstrapped entity.
MoneyGo firmographics
Firmographics- Name
- MoneyGo
- Legal name
- MoneyGo
- Website
- https://money-go.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MoneyGo is a private Nevis-incorporated digital payment provider offering API-based payment processing and a digital wallet for individual users and high-risk industry merchants, supporting USD and 30+ local currencies across 30+ countries.
- Ownership category
- akta.pro rank
MoneyGo industry classification
Industry- Product category
- Cross-Border Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF)
- akta.pro secondary industries
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Marketplace & Platform Seller Payouts (FSAMAKAE)
Keywords
Where MoneyGo is headquartered
LocationHeadquarters
- HQ city
- Charlestown
- HQ country
- St. Kitts & Nevis
Offices1 record
Markets served
MoneyGo business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Transaction Fees (Personal): MoneyGo charges percentage fees on outgoing transactions: 0.50% for verified users, 1.90% for non-verified users. Incoming transactions, eVoucher redemption, and cancellation/setup/annual fees are free.
- eVoucher Issuance Fee: 1.90% fee charged on eVoucher issuance for personal users
- Business Transaction Commission: Merchants pay a percentage commission on completed transactions. No chargeback fees or other hidden fees. Business fees: Pay-in 0%, Pay-out 0.50%, Settlement at market rates with 5% fee
- Partner Network Revenue: Payment partners (online exchangers, payment agents) earn commission on every transaction they process. Partners can make up to 100k USD per month according to promotional materials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Personal User Fees |
| Transaction based/ take rate | Pay-as-you-go | Business User Fees |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
MoneyGo product offering
Product offeringCore offering
MoneyGo is a digital payment platform that enables individuals to send, receive, and pay globally across 30+ countries using USD and 30+ local currencies via banks, e-wallets, mobile payments, and crypto. For businesses, it provides MoneyGo USD (a universal digital USD payment solution) and MoneyGo P2P Network (an outsourced payment processing network connecting merchants to 150+ local payment methods). The company particularly serves high-risk industry sectors where traditional payment providers fail.
Product overview
MoneyGo is a digital payment provider founded in 2020 and launched in spring 2021, offering a suite of products for both personal users and businesses in the payment services space. The core personal product (MoneyGo wallet) enables global money transfers, payments, and currency storage via banks, e-wallets, mobile payments, and crypto. For business clients, MoneyGo provides two main configurable modules: MoneyGo USD (a universal digital USD payment solution operating worldwide with 0% pay-in and 0.5% pay-out fees) and MoneyGo P2P Network (an outsourced P2P payment processing network spanning 30+ countries with 150+ local payment methods). A Payment Partner Program allows exchangers and agents to join the network for commissions, while an Affiliate Program lets personal users earn via referrals.
Differentiator
Problem solved
Functional benefit
Brands
- MoneyGo USD: Universal payment solution that works worldwide, a rapidly growing digital currency perfectly suited for business projects, enabling deposits and withdrawals in any country around the world.
- MoneyGo P2P Network
Products and services
- MoneyGo (Personal Wallet) A digital wallet and payment platform enabling individuals to send, receive, and pay globally using bank transfers, e-wallets, mobile payments, and cryptocurrency. Supports USD and 30+ local currencies across Africa, Asia, CIS, Middle East, North Africa, and Latin America.
- MoneyGo USD A universal digital USD payment solution for merchants that works worldwide, enabling deposits and withdrawals without geographic restrictions and facilitating cryptocurrency-based transactions with transparent fees (0% pay-in, 0.5% pay-out).
- MoneyGo P2P Network An outsourced peer-to-peer payment network enabling businesses to accept and process payments using local payment methods across 30+ countries without opening local companies or bank accounts. Connects merchants with a pre-built agent network supporting 150+ local payment methods.
- Payment Partner Program A partner program targeting online exchangers, payment agents, and other payment solution providers, allowing them to buy and sell MoneyGo USD and local currencies in exchange for transaction commissions, with earnings reaching up to $100k per month per partner.
- Affiliate Program A referral program where registered users earn 10% of MoneyGo's profit from every deposit made by each referred friend. Commissions are paid out within 48 hours of the referred user's transaction.
Quantifiable outcome
- 2M+ clients worldwide
- +1 more outcomes
Companies that use MoneyGo
Customer profileSegments4 records
Ideal customer profiles3 records
MoneyGo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature6 records
MoneyGo partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- BestChangecoreExchange service listed on BestChange monitoring platform. Users can exchange Tether TRC20 to MoneyGo USD through this partner. Listed as 'Already widely used' by MoneyGo USD service.
- ExchangeSumocoreExchange service partner. Users can exchange USDT TRC to MoneyGo USD through this platform.
- Pro-ObmencoreExchange service partner for MoneyGo RUB conversions.
- WellCryptominorCrypto exchange service offering USDT TRC20 to MoneyGo USD conversions.
- Rates.guruminorExchange rate monitoring service partner.
- ExNodeminorExchange service for USDT TRC20 to MoneyGo USD conversions.
- BestExchangersminorExchange rate comparison platform listing MoneyGo services.
- Acquirers and Financial OrganizationscoreMoneyGo has agreements with acquirers and financial organizations who provide payment processing to MoneyGo on behalf of its Merchants.
- Payment ProcessorscoreMoneyGo shares transaction data and information with payment processors for regulatory compliance, service management, and fraud prevention purposes.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
MoneyGo competitors and assessment
Company assessmentOthers
- BitGo: BitGo provides institutional custody, wallet, and payout infrastructure for digital assets. Adjacent enabling player for crypto payout rails that high-risk merchants rely on downstream.
Direct peers
- B2BinPay: B2BinPay is a crypto payment processor and merchant acquirer offering wallet-as-a-service and mass payouts for high-risk and enterprise merchants. Comparable API-first payout infrastructure for crypto-native businesses.
- NOWPayments: NOWPayments is a crypto payment gateway providing mass payouts, merchant APIs, and 150+ coin support. Highly comparable technical offering for high-risk merchants wanting crypto acceptance and payouts.
- Perfect Money: Perfect Money is a long-standing digital payment system offering e-wallets, payouts, and crypto on/off-ramps for high-risk merchants globally. Directly comparable product surface area and target customer base.
- Capitalist: Capitalist provides digital wallets, mass payouts, and merchant payment processing with strong CIS and emerging-market presence. Mirrors MoneyGo's positioning across personal/business crypto payout rails.
- Advcash (Volet): Advcash/Volet is a direct competitor offering personal wallets, business payment processing, and crypto payout infrastructure targeting high-risk merchants in emerging markets. Operates a comparable multi-currency wallet and partner/agent network.
Broad incumbents
- Payoneer: Payoneer is a mainstream cross-border payments platform serving SMBs and freelancers with multi-currency wallets and mass payouts. Comparable wallet/payout mechanics, though it serves regulated (not high-risk) segments.
- Circle: Circle issues USDC and operates payment/treasury infrastructure for businesses, including cross-border payouts and developer APIs. A broader incumbent in the same crypto-payout category but with full regulatory licensing and institutional scale.
- WebMoney: WebMoney is a long-established digital payment and settlement system with strong CIS presence and multi-currency wallets. Operates in an adjacent space with comparable legacy user base.
Emerging players
- Paybis: Paybis provides crypto on/off-ramps and payment processing solutions for businesses, with comparable focus on emerging markets and high-risk verticals. Smaller scale but overlapping product.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
MoneyGo social profiles
Digital presenceMoneyGo financial estimates
Financial estimateRevenue estimate
Valuation estimate
MoneyGo leadership team
Management profileNumber of profiles
MoneyGo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MoneyGo 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 MoneyGo
What does MoneyGo do?
MoneyGo is a digital payment platform that enables individuals to send, receive, and pay globally across 30+ countries using USD and 30+ local currencies via banks, e-wallets, mobile payments, and crypto. For businesses, it provides MoneyGo USD (a universal digital USD payment solution) and MoneyGo P2P Network (an outsourced payment processing network connecting merchants to 150+ local payment methods). The company particularly serves high-risk industry sectors where traditional payment providers fail.
Is MoneyGo a public or private company?
MoneyGo is a private company. It is classified as unknown and is currently operating.
When was MoneyGo founded?
MoneyGo was founded in 2020. It employs 11 to 50 people.
Where is MoneyGo based?
MoneyGo is headquartered in Charlestown, St. Kitts & Nevis.
How does MoneyGo make money?
Four revenue lines are on record. Transaction Fees (Personal) is the primary driver. The others are eVoucher Issuance Fee, business Transaction Commission and partner Network Revenue.
Who are MoneyGo's main competitors?
BitGo is listed as an others. Direct peers are B2BinPay, NOWPayments, Perfect Money, Capitalist and Advcash (Volet). Broad incumbents are Payoneer, Circle and WebMoney. Paybis is listed as an emerging player.
Does MoneyGo have an API?
No public API is recorded for MoneyGo.
What industry is MoneyGo in?
MoneyGo's product category is Cross-Border Payment Processing. Its primary akta.pro industry code is FSADAIAF, B2B Crypto Payouts, Mass Payments & Treasury Disbursements, with a secondary code of FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure. Its NAICS code is 52232 and its SIC code is 6199.