MS Pay
- Company typePrivate
- Founded-
- HeadquartersSt. Helier, Jersey
- Headcount11–50
- GTM typeB2B
- OfferingServices
MS Pay firmographics
Firmographics- Name
- MS Pay
- Legal name
- MS Pay Jersey Ltd
- Website
- https://ms-pay.io
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
MS Pay industry classification
Industry- Product category
- Cross-Border Payment Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
- akta.pro secondary industries
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
Keywords
Where MS Pay is headquartered
LocationHeadquarters
- HQ city
- St. Helier
- HQ country
- Jersey
Offices5 records
Markets served
MS Pay business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Compliance, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Transaction/Payment Processing Fees: Fees charged for executing fiat currency and virtual asset transactions. Published through platform but quoted at point of transaction. Fees deducted from fiat currency received or provided for transactions.
- FX/Spread Revenue: Revenue generated from foreign exchange spread between buy and sell rates when clients convert between currencies or between fiat and stablecoins. Pricing algorithm determines exchange rates based on financial information sources.
- Account/Platform Fees: Account maintenance and platform access fees for multi-currency accounts, vIBAN, and custodial wallet services. Fees and commission rates published through platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | No public tier structure disclosed |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
MS Pay product offering
Product offeringCore offering
MS Pay provides multi-currency business accounts (USD, EUR, GBP) with virtual IBANs and custodial stablecoin wallets (USDC, PYUSD), enabling businesses to send, receive, store, and convert money across both traditional banking rails (SWIFT, SEPA, ACH, Faster Payments, CHAPS) and on-chain stablecoin settlement from a single regulated platform. The offering includes smart rail routing, real-time FX at mid-market rates, cross-border payment coverage across 100+ countries and 40+ fiat currencies, and MPC-secured custody for digital assets.
Product overview
MS Pay is a unified multi-currency financial platform that combines traditional banking rails with stablecoin infrastructure. The core offering consists of multi-currency accounts with virtual IBANs (vIBAN) for USD, EUR and GBP, alongside MPC-secured custodial wallets for stablecoins (USDC, PYUSD). The platform integrates multiple payment rails including SWIFT, SEPA, ACH, Faster Payments and CHAPS, routing each payment across the fastest available rail. Built-in FX allows real-time conversion between fiat and stablecoins. The system serves businesses requiring cross-border payment capabilities across 100+ countries with support for 40+ fiat currencies.
Differentiator
Problem solved
Functional benefit
Products and services
- Multi-Currency Account
- vIBAN (Virtual IBAN) Virtual International Bank Account Number providing named business accounts for receiving and sending international fiat payments across SWIFT, SEPA, ACH, and Faster Payments rails under the client's own company name.
- Custodial Wallet MPC-secured custodial wallet for storing stablecoins (USDC, PYUSD) with multi-party computation protection against key loss, hacks, and insider threats, with multi-user approvals and role-based permissions.
- Banking Rails Service Traditional payment infrastructure service covering SWIFT (global wires, 1-2 days), SEPA (Euro transfers, same day), Faster Payments/CHAPS (GBP UK, instant), and ACH (US domestic, 1 day), accessible through the MS Pay account.
- Stablecoin Settlement On-chain stablecoin transfer and settlement service supporting USDC (~12 sec settlement) and PYUSD (~15 sec settlement) with 24/7 availability and no weekend or holiday cut-offs.
- FX & Currency Conversion Real-time foreign exchange conversion between fiat currencies and stablecoins at mid-market rates, with instant on/off-ramp capability between stablecoins and local fiat.
- Cross-Border Payments Global payment services covering 100+ countries with 40+ fiat currencies supported for pay-in and pay-out, with T+0 same-day settlement for major currencies and smart routing across the fastest available rail.
Quantifiable outcome
- $6B+ annual transaction volume
- +4 more outcomes
Companies that use MS Pay
Customer profileSegments5 records
Ideal customer profiles5 records
MS Pay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
MS Pay partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights6 records
MS Pay competitors and assessment
Company assessmentDirect peers
- Brex: Business accounts with multi-currency support, global payments, and corporate cards targeting tech and fintech clients. Direct peer in cross-border treasury and embedded banking for globally operating businesses.
- BVNK: Stablecoin-enabled payments platform combining bank rails with USDC/USDT settlement for businesses and payment companies. Direct peer in the 'bank rails plus stablecoin' wedge and in serving payment companies and fintechs as embedded payments infrastructure.
- Mercury: US-based business banking platform offering multi-currency accounts, ACH/wire/SWIFT rails, and treasury tooling for startups and fintechs. Direct peer in serving multi-currency enterprises and payment companies with combined banking and API-first flows.
- Banking Circle: Licensed payments bank providing multi-currency accounts, SEPA/SWIFT/Faster Payments access, and embedded banking-as-a-service for fintechs and corporates. Direct peer in regulated multi-currency infrastructure for cross-border B2B flows.
- Payoneer: Multi-currency receiving accounts, cross-border payouts, and FX for SMBs, freelancers, and marketplaces. Direct peer in cross-border B2B payments and multi-currency account infrastructure.
- Wise: Multi-currency business accounts with named local bank details (including USD/EUR/GBP), cross-border payments across SWIFT/SEPA/ACH/Faster Payments, and FX at mid-market rates. Most direct peer to MS Pay's vIBAN-led multi-currency account proposition.
Broad incumbents
- Ripple: Enterprise blockchain payments network (RippleNet) and stablecoin (RLUSD) issuer targeting cross-border B2B and remittance corridors. Broad incumbent in the same bank-rail-vs-crypto-rail debate that defines MS Pay's positioning.
- Circle: Issuer of USDC and a broad cross-border payments network using stablecoin rails. Comparable in that USDC underpins MS Pay's on-chain settlement and Circle offers enterprise payments products that overlap with MS Pay's target market.
Emerging players
- Bridge (Stripe): Stablecoin orchestration platform acquired by Stripe, providing APIs for stablecoin issuance, conversion, and cross-border payments. Comparable as an emerging API-first stablecoin payments infrastructure player competing for the same fintech and enterprise customers.
- Paxos: Regulated blockchain infrastructure platform issuing stablecoins (including PYUSD) and providing custody, settlement, and crypto-brokerage services. Comparable through PYUSD exposure and overlap in regulated stablecoin custody and B2B payments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
MS Pay social profiles
Digital presenceMS Pay compliance and trust
Trust signalCompliance6 records
MS Pay financial estimates
Financial estimateRevenue estimate
Valuation estimate
MS Pay leadership team
Management profileNumber of profiles
Profiles8 records
MS Pay subsidiaries and ownership
Company hierarchySubsidiaries6 records
MS Pay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MS Pay 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 MS Pay
What does MS Pay do?
MS Pay provides multi-currency business accounts (USD, EUR, GBP) with virtual IBANs and custodial stablecoin wallets (USDC, PYUSD), enabling businesses to send, receive, store, and convert money across both traditional banking rails (SWIFT, SEPA, ACH, Faster Payments, CHAPS) and on-chain stablecoin settlement from a single regulated platform. The offering includes smart rail routing, real-time FX at mid-market rates, cross-border payment coverage across 100+ countries and 40+ fiat currencies, and MPC-secured custody for digital assets.
Is MS Pay a public or private company?
MS Pay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MS Pay founded?
MS Pay was founded in -1. It employs 11 to 50 people.
Where is MS Pay based?
MS Pay is headquartered in St. Helier, Jersey.
How does MS Pay make money?
Three revenue lines are on record. Transaction/Payment Processing Fees are the primary driver. The others are FX/Spread Revenue and account/Platform Fees.
Who are MS Pay's main competitors?
Direct peers on record are Brex, BVNK, Mercury, Banking Circle, Payoneer and Wise. Broad incumbents are Ripple and Circle. Emerging players are Bridge (Stripe) and Paxos.
Does MS Pay have an API?
No public API is recorded for MS Pay.
What industry is MS Pay in?
MS Pay's product category is Cross-Border Payment Services. Its primary akta.pro industry code is FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 522320 and its SIC code is 6200.