Name

New Pays

Legal name

New Pays

Website

https://newpays.co

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Cross-Border Payment Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Credit Card Issuing (522210)

akta.pro primary industry

Payroll & Contractor Payments (Crypto) (FSADAIAH)

akta.pro secondary industries

Card Issuing & Virtual Cards (lodge cards, single-use, tokenization) (THALAHAB), Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)

Keywords

• Cross-border payments
• Stablecoin conversion
• Multi-currency banking
• Corporate payment cards
• Freelancer banking services

Headquarters

HQ city

Brownsville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Payment Processing Services: Platform facilitates global payment reception and conversion, charging fees for transactions and currency conversion services between traditional payments and stablecoins

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

New Pays operates a modern payment platform that provides USD and EUR bank accounts in the user's name for receiving and sending money globally, with instant conversion of incoming payments into stablecoins that are transferred to the customer's preferred wallet. The platform adds corporate (physical or virtual) cards linked to the user's US bank account and bundles KYC-compliant onboarding, fast payouts, transparent fees, and 24/7 support for remote workers receiving salaries from U.S. or EU employers.

Product overview

New Pays is a unified payment platform offering US and EU banking services connected to cryptocurrency. The product suite centers on multi-currency bank accounts (USD and EUR), instant stablecoin conversion, corporate payment cards, and global payment processing for freelancers and remote workers. These components work together to provide a seamless bridge between traditional banking and the digital/crypto economy, enabling users to receive employer payments, convert them to stablecoins, and access funds worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• USD and EUR Bank Accounts Multi-currency banking accounts in the user's name that allow global professionals and freelancers to receive and send money internationally in USD and EUR with no limits on receiving payments.
• Stablecoin Conversion Instant conversion of incoming USD payments into stablecoins with no waiting time, transferred directly to the customer's preferred wallet to bridge traditional payroll and the digital economy.
• Corporate Cards Physical or virtual payment cards linked to the user's US bank account that enable easier transactions and financial management for global professionals.
• Global Payment Processing Payment service enabling remote workers to receive salaries from U.S. or EU companies with fast payouts, transparent fees, and secure KYC processing.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Deel: Global payroll and contractor management platform with built-in payment infrastructure for international remote workers, directly competing for the same employer-paid remote-contractor wallet flow.
• Relay: US business banking and money-movement platform offering USD accounts, virtual cards, and integrated crypto rails, competing for the same cross-border freelancer and small-team wallet use case.
• Niural: Global payroll and contractor payments platform with US/EU payment infrastructure for distributed teams, overlapping strongly with New Pays' target segment of remote workers paid by US/EU companies.
• Windsor: US-based fintech providing named US bank accounts and corporate cards for foreign workers and founders, with direct overlap to New Pays' USD accounts and corporate card products targeting non-US professionals.
• Bitwage: Crypto payroll and freelancer payment platform converting fiat wages into bitcoin and stablecoins, directly mirroring New Pays' USD-to-stablecoin conversion use case for remote contractors.

Broad incumbents

• Payoneer: Established global payments platform serving freelancers and SMBs with multi-currency receiving accounts, the incumbent in the freelancer cross-border payments niche New Pays is targeting.
• Wise: Global cross-border payments specialist with multi-currency accounts (USD/EUR) for individuals and businesses, operating at massive scale against the same salary-receipt-and-conversion workflow New Pays addresses.
• Stripe: Dominant global payment processor whose embedded finance APIs, issuing, and stablecoin rail work overlap with the underlying transaction-processing and card-issuing layers of New Pays' platform.
• Revolut: Global digital bank offering multi-currency accounts, cards and in-app crypto trading, the incumbent that bundles fiat-to-stablecoin conversion into a mainstream banking app targeting similar users.
• Mercury: US business banking platform with multi-currency accounts, cards, and treasury tools for startups and remote teams, competing for the same US-based account and card needs of global professionals.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 New Pays