CB Payments
CB Payments Inc. is a US-based Money Services Business (MSB) providing domestic and cross-border money transfer plus multi-currency exchange (up to 20 currencies) for eCommerce merchandise traders and enterprise import/export businesses connecting the Americas and Asia.
- Company typePrivate
- Founded2019
- HeadquartersNew Haven, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CB Payments does
CB Payments Inc. is a US-incorporated Money Services Business (MSB) headquartered in New Haven, Connecticut, that delivers cross-border and domestic money transfer services alongside multi-currency exchange for business clients. Founded in 2019, the company operates a single unified platform offering three core services: domestic money transfer (intra-US), cross-border money transfer (international), and currency exchange supporting up to 20 major international currencies on a 24/7 basis. The company is registered with FinCEN as an MSB and holds NMLS ID 2266675, and maintains a documented sanctioned-jurisdiction exclusion list covering 14 high-risk jurisdictions including DPRK, Iran, Cuba, Russia, and Venezuela, indicating a compliance-oriented operating posture.
The company's go-to-market is enterprise-focused direct sales, requiring prospective clients to complete a documented account-opening process that includes corporate structure disclosure, incorporation certificates, and identity verification for shareholders and authorized signatories. Marketing and lead generation are conducted primarily through the company website, with no disclosed partnerships, integrations, APIs, or mobile applications. Revenue is generated through transaction fees on money transfer and currency exchange services; pricing is not publicly disclosed.
CB Payments targets two primary customer segments: eCommerce merchandise traders engaged in cross-border commerce between the Americas, Asia, and the rest of the world, and enterprise import/export businesses requiring multi-currency settlements. The company employs 11-50 staff, is privately held with no disclosed institutional investors or funding rounds, and has no publicly named management team, customer logos, or product expansion beyond its initial 2019 platform launch.
CB Payments firmographics
Firmographics- Name
- CB Payments
- Legal name
- CB Payments Inc.
- Website
- https://paymentcb.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CB Payments Inc. is a US-based Money Services Business (MSB) providing domestic and cross-border money transfer plus multi-currency exchange (up to 20 currencies) for eCommerce merchandise traders and enterprise import/export businesses connecting the Americas and Asia.
- Ownership category
- akta.pro rank
CB Payments industry classification
Industry- Product category
- Cross-Border Payments & Currency Exchange
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- SME & Business Cross-Border Payments (B2B) (FSAMAIAB)
- akta.pro secondary industries
- Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL), Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods (FSAGAKAD)
Keywords
Where CB Payments is headquartered
LocationHeadquarters
- HQ city
- New Haven
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CB Payments business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Compliance, Marketing or Sales, Infrastructure
Revenue model
- Cross-border Money Transfer Services: Fee-based cross-border payment services facilitating international money movement for eCommerce traders
- Domestic Money Transfer: Domestic money transfer services within the United States
- Currency Exchange: Multi-currency exchange services supporting up to 20 major international currencies
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
CB Payments product offering
Product offeringCore offering
CB Payments operates a unified payment services platform that facilitates domestic and cross-border money transfers as well as currency exchange for businesses engaged in international trade. The company is registered with FinCEN as a Money Services Business (MSB) since 2019 and supports conversion across up to 20 major international currencies with 24/7 availability, primarily serving eCommerce merchandise traders and import/export businesses moving funds between the Americas, Asia and global markets.
Product overview
CB Payments is a single unified payment services platform offering three core services: Domestic Money Transfer for intra-US fund movement, Cross-border Money Transfer for international business payments, and Currency Exchange supporting up to 20 major international currencies. The platform also facilitates import and export business transactions for eCommerce merchants.
Differentiator
Problem solved
Functional benefit
Products and services
- CB Payments Platform Unified payment services platform that builds bridges for business payments among America, Asia and the World, facilitating world merchandise traders especially for eCommerce. Registered with FinCEN as MSB since 2019 with NMLS ID 2266675. Targets enterprise import/export businesses.
- Domestic Money Transfer Domestic money transfer service enabling businesses to move funds within the United States. Part of the core CB Payments platform for enterprise and business clients.
- Cross-border Money Transfer International money transfer service enabling cross-border business payments, facilitating transactions between the Americas, Asia and global markets for businesses engaged in world merchandise trading and eCommerce.
- Currency Exchange Currency exchange service allowing conversion between up to 20 major international currencies for trading purposes, available 24/7. Supports multi-currency operations for eCommerce merchandise traders and import/export businesses.
Companies that use CB Payments
Customer profileSegments2 records
Ideal customer profiles1 record
CB Payments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
CB Payments partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights3 records
CB Payments competitors and assessment
Company assessmentEmerging players
- Remitly: Remitly focuses primarily on consumer remittances but is expanding into business cross-border use cases. It is comparable to CB Payments in cross-border infrastructure but addresses a different primary customer segment.
- Conduit: Conduit provides cross-border B2B payments for emerging markets, with API-based infrastructure for payouts and FX. It is an emerging player with partial overlap to CB Payments' cross-border B2B focus on emerging-market corridors.
Direct peers
- OFX: OFX specializes in international money transfers and FX for businesses and individuals, including eCommerce merchants and import/export companies—directly comparable in customer profile and product offering to CB Payments.
- Wise: Wise (formerly TransferWise) operates one of the largest cross-border B2B and consumer payment networks globally with multi-currency accounts and FX services, directly competing with CB Payments for cross-border business payment volumes.
- Payoneer: Payoneer provides cross-border payment services to eCommerce sellers, marketplaces, and freelancers—closely aligned with CB Payments' target segment of eCommerce merchandise traders engaged in cross-border trade.
- Airwallex: Airwallex is a cross-border B2B payments platform specifically targeting eCommerce merchants and Asia-Pacific trade flows with multi-currency accounts, FX, and payout rails—directly comparable to CB Payments' positioning.
- Currencycloud: Currencycloud (now part of Visa) provides cross-border payment infrastructure and multi-currency account services to fintechs and businesses—comparable in offering multi-currency FX and B2B payment processing capability.
- Veem: Veem offers cross-border B2B payments with multi-currency support and supplier payment rails, targeting SMBs and eCommerce merchants—closely overlapping with CB Payments' value proposition and customer segments.
- PingPong: PingPong provides cross-border payment solutions specifically to eCommerce sellers trading between Asia and global marketplaces, with multi-currency settlements—directly comparable to CB Payments' America-Asia trade corridor focus.
Broad incumbents
- Western Union Business Solutions: Western Union's business solutions arm provides cross-border payments and FX for enterprises globally; as a much larger incumbent it offers overlapping capabilities but with broader portfolio reach than CB Payments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
CB Payments compliance and trust
Trust signalCompliance2 records
CB Payments financial estimates
Financial estimateRevenue estimate
Valuation estimate
CB Payments leadership team
Management profileNumber of profiles
CB Payments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CB Payments 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 CB Payments
What does CB Payments do?
CB Payments operates a unified payment services platform that facilitates domestic and cross-border money transfers as well as currency exchange for businesses engaged in international trade. The company is registered with FinCEN as a Money Services Business (MSB) since 2019 and supports conversion across up to 20 major international currencies with 24/7 availability, primarily serving eCommerce merchandise traders and import/export businesses moving funds between the Americas, Asia and global markets.
Is CB Payments a public or private company?
CB Payments is a private company. It is classified as unknown and is currently operating.
When was CB Payments founded?
CB Payments was founded in 2019. It employs 11 to 50 people.
Where is CB Payments based?
CB Payments is headquartered in New Haven, United States, in the North America region.
How does CB Payments make money?
Three revenue lines are on record. Cross-border Money Transfer Services are the primary driver. The others are domestic Money Transfer and currency Exchange.
Who are CB Payments's main competitors?
Emerging players on record are Remitly and Conduit. Direct peers are OFX, Wise, Payoneer, Airwallex, Currencycloud, Veem and PingPong. Western Union Business Solutions is listed as a broad incumbent.
Does CB Payments have an API?
No public API is recorded for CB Payments.
What industry is CB Payments in?
CB Payments's product category is Cross-Border Payments & Currency Exchange. Its primary akta.pro industry code is FSAMAIAB, SME & Business Cross-Border Payments (B2B), with a secondary code of FSAMAIAL, Trade & Invoice Payments (Cross-Border B2B). Its NAICS code is 52232 and its SIC code is 6199.