SafiPay
SafiPay is a digital banking platform under Safi International Capital LTD that provides multi-currency accounts, European IBANs, and instant Visa cards to Afghan individuals, freelancers, families, and businesses. It complements banking with Safi TopUp distribution and E-SIM services across 150+ countries.
- Company typePrivate
- Founded2024
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
What SafiPay does
SafiPay is a digital banking platform operating under Safi International Capital LTD, targeting Afghan individuals, freelancers, families, businesses, and professionals with limited access to international financial services. Founded in 2024 and headquartered in London with operational presence in Kabul, Istanbul, Paris, and Islamabad, the platform offers multi-currency accounts (EUR, USD, GBP, PLN, SEK, NOK, RON, HUF, CZK, DKK), instant European IBAN accounts for SEPA transfers, and instant virtual and physical Visa cards issued through a partnership with Wallester. The company has established regulatory operations in the Netherlands and United Kingdom to underpin EU-compliant product delivery.
The underlying technology stack combines cloud-based fintech infrastructure, AES-256-GCM encryption with TLS 1.3 protocols, and an in-house AI layer branded as Safi AI for transaction monitoring and fraud detection. Distribution combines a product-led growth self-serve mobile app (Google Play and App Store) with a multi-track B2B partnership model spanning Banking/Fintech, Telecom/Digital Distribution, and Regional Expansion partners. Complementary products include Safi TopUp (airtime, data, gift cards, gaming products across 150+ countries and 700+ operators) and SafiPay E-SIM (global data connectivity across 200+ countries), forming a broader digital financial ecosystem under the holding entity.
SafiPay generates revenue through transaction fees on international transfers and TopUp distribution, subscription-style revenue from multi-currency account services, and transaction fees on virtual and physical card issuance, though no public pricing or fee schedule is disclosed. To date the company has raised £600,000 in a March 2026 internal funding round earmarked for API capabilities and Safi TopUp/SafiPro expansion, with no institutional venture capital or private equity backing disclosed in the available sources.
SafiPay firmographics
Firmographics- Name
- SafiPay
- Legal name
- SafiPay Global Digital Banking System
- Website
- https://safipay.net
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SafiPay is a digital banking platform under Safi International Capital LTD that provides multi-currency accounts, European IBANs, and instant Visa cards to Afghan individuals, freelancers, families, and businesses. It complements banking with Safi TopUp distribution and E-SIM services across 150+ countries.
- Ownership category
- akta.pro rank
SafiPay industry classification
Industry- Product category
- Digital Banking
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
Keywords
Where SafiPay is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
SafiPay business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Multi-Currency Account Services: Revenue from multi-currency account services including IBAN accounts, local banking details, and currency management for international financial operations.
- Virtual & Physical Card Issuance: Revenue from issuance of instant virtual and physical Visa cards for global payments, subscriptions, and digital commerce.
- International Transfers & Remittances: Revenue from cross-border money movement, SEPA transfers, and international payment services.
- Safi TopUp Digital Distribution: Airtime, mobile credit, data bundles, digital gift cards, and gaming products distribution across 150+ countries and 700+ operators.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
SafiPay product offering
Product offeringCore offering
SafiPay is a digital banking platform providing multi-currency accounts (EUR, USD, GBP, PLN, SEK, NOK, RON, HUF, CZK, DKK), instant virtual and physical Visa cards, European IBAN accounts for SEPA transfers, and international payment capabilities targeted at Afghans and the Afghan diaspora. It also operates Safi TopUp, a global digital distribution service for mobile airtime, data bundles, gift cards, and gaming products across 150+ countries. The platform combines digital onboarding in under 60 seconds with EU-regulated operations in the Netherlands and United Kingdom.
Product overview
SafiPay operates as a dual-platform ecosystem consisting of SafiPay (core digital banking platform) and Safi TopUp (global digital distribution service). SafiPay provides multi-currency accounts supporting EUR, USD, GBP, PLN, SEK, NOK, RON, HUF, CZK, and DKK, along with instant virtual and physical Visa cards issued via partner Wallester, European IBAN accounts for SEPA transfers, and international payment capabilities. Safi TopUp complements the ecosystem with mobile airtime, data bundles, gift cards, and gaming products across 150+ countries. Both platforms share the same brand infrastructure and leadership under Safi International Capital LTD, creating a comprehensive financial and digital services ecosystem for the Afghan diaspora and emerging markets.
Differentiator
Problem solved
Functional benefit
Brands
- Safi TopUp: Mobile recharge service covering 150+ countries, offering airtime, data bundles, digital gift cards, and gaming products.
- SafiPro
Products and services
- SafiPay Digital Banking Platform Modern international digital banking platform for Afghans providing multi-currency accounts (EUR, USD, GBP, PLN, SEK, NOK, RON, HUF, CZK, DKK), instant virtual and physical Visa cards, local IBAN bank details, and international payment capabilities. Built as a bridge connecting Afghanistan to the global digital economy.
- Safi TopUp Global digital distribution service covering mobile airtime, mobile credit, data bundles, digital gift cards, gaming products, and prepaid utility needs across 150+ countries and 700+ operators.
- SafiPay Virtual Visa Card Instant virtual Visa card issued in under 60 seconds through EU financial institutions via Wallester integration. Enables global payments on international platforms without geographic restrictions.
- SafiPay Physical Visa Card Physical Visa card for broader spending flexibility where card acceptance is needed beyond digital-only use.
- European IBAN Account European IBAN account providing direct bridge to the SEPA network for instant SEPA transfers, global liquidity, and legal protection under EU financial regulations.
- SafiPay E-SIM E-SIM technology service providing global data connectivity across 200+ countries with instant setup, 5G-ready networks, and EU security encryption.
Quantifiable outcome
- Instant virtual card and IBAN issuance in under 60 seconds
- +4 more outcomes
Companies that use SafiPay
Customer profileSegments5 records
Ideal customer profiles5 records
SafiPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature6 records
SafiPay partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- WallestercoreWallester provides the Visa card integration infrastructure for SafiPay's instant virtual and physical card issuance. The partnership enables multi-currency digital banking through Visa card integrations, supporting EUR, USD, GBP, and other currencies. This is a core infrastructure partnership essential to SafiPay's card issuing and payment processing capabilities.
- Safi International Capital LTDcoreSafiPay operates as a fintech platform under Safi International Capital LTD, which serves as the parent company and regulatory entity for the Safi ecosystem of digital platforms including SafiPay, Safi TopUp, and SafiPro.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
SafiPay competitors and assessment
Company assessmentDirect peers
- Zen.com: Multi-currency wallet and payment platform offering IBAN accounts, cards, and international transfers across European and emerging markets. Comparable multi-currency wallet offering to SafiPay's product.
- Monese: UK-based digital bank offering EU IBAN accounts and multi-currency wallets targeted at migrants and underserved users. Closest direct analogue to SafiPay's niche focus on diaspora banking with European banking infrastructure.
- Remitly: Cross-border remittance platform serving diaspora populations sending money to emerging markets. Comparable customer segment and corridor focus to SafiPay's Afghan diaspora remittance use case.
- Paysera: Lithuania-based fintech offering multi-currency IBAN accounts, payment processing, and remittance services for emerging Europe. Comparable multi-currency wallet and emerging-market positioning to SafiPay.
- Wise: Cross-border payments specialist offering multi-currency accounts and international transfers to individuals and freelancers. Comparable to SafiPay's cross-border and freelancer-focused value proposition.
- Payoneer: Digital payments platform providing multi-currency receiving accounts primarily for freelancers, remote workers, and SMBs. Directly comparable to SafiPay's freelancer and SMB-focused use cases.
- WorldRemit: Digital remittance service targeting diaspora customers sending funds to mobile wallets and bank accounts across emerging markets. Comparable in serving the Afghan diaspora's cross-border money movement needs.
Broad incumbents
- Bunq: Netherlands-based digital bank with multi-currency accounts, IBAN issuance, and EU banking licenses. Comparable EU regulatory positioning and product set to SafiPay's EU operations.
- N26: Germany-based digital bank with EU IBAN accounts, multi-currency support, and Visa card issuance. Comparable product stack to SafiPay but focused on mainstream European consumers.
- Revolut: Large UK-based digital bank with multi-currency accounts, IBAN issuance, and international transfers serving a global user base. Overlaps with SafiPay's product set but serves a much broader, mainstream market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
SafiPay social profiles
Digital presenceSafiPay compliance and trust
Trust signalCompliance4 records
SafiPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
SafiPay leadership team
Management profileNumber of profiles
Profiles4 records
SafiPay subsidiaries and ownership
Company hierarchySubsidiaries2 records
SafiPay funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SafiPay 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 SafiPay
What does SafiPay do?
SafiPay is a digital banking platform providing multi-currency accounts (EUR, USD, GBP, PLN, SEK, NOK, RON, HUF, CZK, DKK), instant virtual and physical Visa cards, European IBAN accounts for SEPA transfers, and international payment capabilities targeted at Afghans and the Afghan diaspora. It also operates Safi TopUp, a global digital distribution service for mobile airtime, data bundles, gift cards, and gaming products across 150+ countries. The platform combines digital onboarding in under 60 seconds with EU-regulated operations in the Netherlands and United Kingdom.
Is SafiPay a public or private company?
SafiPay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SafiPay founded?
SafiPay was founded in 2024. It employs 1 to 10 people.
Where is SafiPay based?
SafiPay is headquartered in London, United Kingdom, in the Europe region.
How does SafiPay make money?
Four revenue lines are on record. Multi-Currency Account Services are the primary driver. The others are virtual & Physical Card Issuance, international Transfers & Remittances and safi TopUp Digital Distribution.
Who are SafiPay's main competitors?
Direct peers on record are Zen.com, Monese, Remitly, Paysera, Wise, Payoneer and WorldRemit. Broad incumbents are Bunq, N26 and Revolut.
Does SafiPay have an API?
No public API is recorded for SafiPay.
What industry is SafiPay in?
SafiPay's product category is Digital Banking. Its primary akta.pro industry code is FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services. Its NAICS code is 522320 and its SIC code is 7370.