Spayce
Spayce is a Barbados-based private payments platform offering real-time payments, ACH+ open banking, cross-border payments to 200+ countries, ACH, and credit card processing for SMBs, merchants, enterprises, banks, and SaaS platforms.
- Company typePrivate
- Founded1995
- HeadquartersHoletown, Barbados
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Spayce does
Spayce is a privately held payments technology company, founded circa 1995 and headquartered in Holetown, Barbados, that operates a unified digital payment platform spanning five core product lines: 24/7 Real-Time Payments for instant US domestic bank transfers, ACH+ Open Banking for same-day ACH with real-time balance verification, Cross-Border Payments to over 200 countries and territories, traditional ACH electronic funds transfer, and credit card processing. The underlying platform emphasizes bank-grade security with end-to-end encryption and fraud monitoring, PCI-compliant hosted checkout, and open banking account validation, and is delivered through a sales-led go-to-market motion with both direct enterprise sales and an API/embedded channel for SaaS platforms and banks.
The company generates revenue through a mix of transaction-based fees (rates as low as 1.9% on payins and credit card payments, with payout fees starting at $0.25), subscription pricing, tiered volume-based pricing with discounts, and bespoke multi-year contracts for enterprise clients. Licensed US money transmission is provided through a partnership with Priority and its subsidiary Finxera (NMLS #1168701), and fiduciary/custodial services are provided through Heritage Trust Company. Spayce targets a horizontal customer base of small and mid-size businesses, merchants, enterprises, banks, and SaaS platforms, with offices in Barbados (Holetown and St. Thomas), Great Falls, Montana, and San José, Costa Rica supporting its international footprint.
Notable data gaps include: no disclosed revenue, ARR, or GMV figures; no disclosed funding rounds or institutional investors; no management team, founder identities, or board composition in the source material; no disclosed AI/ML capabilities beyond general fraud monitoring; and no named customer logos or case studies. The firm appears to be a small (51-100 employees), privately funded processor operating across multiple regulated payment rails via partner-licensed infrastructure.
Spayce firmographics
Firmographics- Name
- Spayce
- Legal name
- Spayce
- Website
- https://paymentspayce.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Spayce is a Barbados-based private payments platform offering real-time payments, ACH+ open banking, cross-border payments to 200+ countries, ACH, and credit card processing for SMBs, merchants, enterprises, banks, and SaaS platforms.
- Ownership category
- akta.pro rank
Spayce industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ)
- akta.pro secondary industries
- Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB), A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB), Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG)
Keywords
Where Spayce is headquartered
LocationHeadquarters
- HQ city
- Holetown
- HQ country
- Barbados
Offices4 records
Markets served
Spayce business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Transaction-Based Fees: Charges a fee for each transaction processed through the platform, ideal for businesses with high transaction volumes. Payins and credit card payment options available with rates as low as 1.9%.
- Subscription Pricing: Fixed monthly or annual fee for access to services, suitable for businesses preferring predictable pricing structures.
- Tiered Pricing with Volume Discounts: Different pricing levels based on transaction volume processed, with volume discounts for high-volume clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-Based Pricing for high-volume businesses |
| Subscription | Monthly | Subscription-Based Pricing for predictable costs |
| Transaction based/ take rate | Pay-as-you-go | Tiered Pricing based on transaction volume |
| Transaction based/ take rate | Pay-as-you-go | Volume Discounts for high-volume clients |
| Hybrid | Multi-year contract | Bespoke/Custom Pricing for unique needs |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Spayce product offering
Product offeringCore offering
Spayce is a digital payments platform that enables merchants and businesses to send and receive funds through multiple rails: real-time instant bank transfers (24/7), same-day ACH with open banking account validation, cross-border payments to 200+ countries, traditional ACH electronic funds transfer, and credit card processing. The platform is delivered via hosted checkout, API integrations, and embedded/white-label options for banks and SaaS platforms, with PCI compliance and bank-grade fraud monitoring built in.
Product overview
Spayce offers a unified digital payment platform encompassing five core product lines: Real-Time Payments for instant domestic bank transfers, ACH+ Open Banking for same-day ACH with open banking validation and real-time balance checks, Cross-Border Payments covering 200+ countries and territories, traditional ACH electronic funds transfers, and Credit Card processing. These products share a common infrastructure including hosted checkout, fraud prevention, PCI compliance, and enterprise-scale customization, allowing businesses to select individual tools or combine them into an integrated payment ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Real-Time Payments Instant, nationwide bank transfers available 24/7 including bank holidays, enabling real-time money movement within the USA with bank-grade security including end-to-end encryption and fraud monitoring. Targeted at merchants and businesses needing real-time settlement.
- ACH+ Open Banking Same-day ACH payments combined with open banking technology, featuring real-time balance checks, open banking account validation, and hosted checkout integration designed to reduce declined transactions for merchants and customers.
- Cross-Border Payments International payment services enabling transfers to over 200 countries and territories worldwide, designed to simplify international invoices, reduce wire fees, and support business expansion with a user-friendly platform and API integration.
- ACH Electronic funds transfer via the ACH network enabling businesses to send and receive payments to and from bank accounts without paper checks, with same-day processing options, robust security, and PCI compliance.
- Credit Card Processing Credit card payment processing capabilities integrated into Spayce's broader payment platform, enabling merchants to accept credit card transactions alongside other payment methods with rates as low as 1.9%.
Quantifiable outcome
- 24/7 Availability including bank holidays
- +4 more outcomes
Companies that use Spayce
Customer profileSegments5 records
Ideal customer profiles4 records
Spayce technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Spayce partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- PrioritycoreMoney transmission services relating to the Passport Program are provided by Priority, directly or through its subsidiary Finxera, Inc. (NMLS #1168701) or its authorized affiliates and contractors.
- Heritage Trust CompanycoreSafeguarding, Fiduciary and custodial services provided by Heritage Trust Company, and or its authorized affiliates. Regulated by the Trust and Fiduciary Companies Act R.S.P.E.I 1988, Cap. T-7.1 HTC Registered License Number 21754.
- Finxera, Inc.coreSubsidiary of Priority providing money transmission services for the Passport Program. NMLS #1168701.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Spayce competitors and assessment
Company assessmentBroad incumbents
- Adyen: Adyen is a global enterprise payment platform offering unified card, ACH, real-time, and cross-border processing at much larger scale. While Spayce targets similar use cases, Adyen's enterprise focus and balance sheet position it as a broader incumbent across the same payment rails.
- Checkout.com: Checkout.com is a global payment processor providing card acceptance, hosted checkout, and cross-border acquiring for enterprise merchants — a wide-portfolio incumbent overlap with Spayce's merchant-focused card and cross-border offerings.
Direct peers
- Stripe: Stripe is a global payments platform offering card processing, hosted checkout, ACH, and cross-border payouts via APIs — the same combination of rails Spayce markets, but at vastly greater scale. Stripe's Treasury and Financial Connections products directly overlap with Spayce's ACH+/Open Banking and RTP offerings.
- Currencycloud: Currencycloud (now part of Visa) provides a cross-border payments and FX API platform used by banks and fintechs — directly comparable to Spayce's cross-border and ACH+/open-banking developer offerings for embedded-payment use cases.
- Payoneer: Payoneer provides cross-border B2B payouts, multi-currency accounts, and merchant receiving services for SMBs and marketplaces — closely paralleling Spayce's cross-border and payout capabilities aimed at SMB and enterprise sellers.
- Plaid: Plaid provides open banking APIs for account verification, balance checks, and payment initiation that closely mirror Spayce's ACH+ Open Banking feature set. Both firms monetize by embedding bank-data and A2A rails inside merchant and SaaS checkout flows.
- Dwolla: Dwolla is an ACH-focused payment platform serving SMBs, banks, and SaaS platforms with hosted checkout and open-banking integration — a near-identical niche to Spayce's ACH and ACH+ products. Both target API-driven bank-payment use cases rather than card rails.
- Remitly: Remitly operates a global money-transfer network into 200+ countries, comparable to Spayce's cross-border reach. Remitly specializes in consumer remittance rather than Spayce's broader B2B focus, but the underlying global payout infrastructure overlaps significantly.
- Modern Treasury: Modern Treasury operates a payment-operations platform combining ACH, RTP, wire, and hosted checkout with developer APIs, overlapping directly with Spayce's real-time, ACH, and hosted-checkout products. Both serve enterprise and fintech-platform buyers building payment infrastructure.
- Wise: Wise is a cross-border payments specialist that connects senders across 200+ countries with transparent FX pricing — directly comparable to Spayce's Cross-Border Payments product. Both monetize on the spread and fees for international B2B and consumer transfers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Spayce social profiles
Digital presenceSpayce financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spayce leadership team
Management profileNumber of profiles
Spayce funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spayce 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 Spayce
What does Spayce do?
Spayce is a digital payments platform that enables merchants and businesses to send and receive funds through multiple rails: real-time instant bank transfers (24/7), same-day ACH with open banking account validation, cross-border payments to 200+ countries, traditional ACH electronic funds transfer, and credit card processing. The platform is delivered via hosted checkout, API integrations, and embedded/white-label options for banks and SaaS platforms, with PCI compliance and bank-grade fraud monitoring built in.
Is Spayce a public or private company?
Spayce is a private company. It is classified as unknown and is currently operating.
When was Spayce founded?
Spayce was founded in 1995. It employs 51 to 100 people.
Where is Spayce based?
Spayce is headquartered in Holetown, Barbados.
How does Spayce make money?
Three revenue lines are on record. Transaction-Based Fees are the primary driver. The others are subscription Pricing and tiered Pricing with Volume Discounts.
Who are Spayce's main competitors?
Broad incumbents on record are Adyen and Checkout.com. Direct peers are Stripe, Currencycloud, Payoneer, Plaid, Dwolla, Remitly, Modern Treasury and Wise.
Does Spayce have an API?
No public API is recorded for Spayce.
What industry is Spayce in?
Spayce's product category is Payment Processing. Its primary akta.pro industry code is FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails), with a secondary code of FSABALAB, Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks). Its NAICS code is 52232 and its SIC code is 6199.