What Sliq Pay does

Sliq Pay Inc. (formerly ARKS Ventures LLC) operates a mobile-first cross-border payments platform focused on the USA-to-India remittance corridor. The product enables individuals, tourists, and businesses in the United States to send money to recipients in India instantly via UPI (Unified Payments Interface), with payouts supported through QR code scanning, phone number, email, or direct bank account transfer. The underlying platform integrates with India's UPI rail and supports multi-currency account management, with FX sourced at mid-market rates from Google. Recipients do not need a local Indian bank account or phone number to receive funds.

The company distributes exclusively through self-serve channels: iOS and Android mobile apps on the major app stores, supported by a large content and SEO presence built around 5,500+ route guides and 49 bank-specific transfer guides. Revenue is generated purely through per-transaction fees disclosed at the time of transfer, with volume discounts available for larger transactions and no subscription or recurring charges. The customer base spans three target segments within the same corridor: individual diaspora consumers sending family remittances (primary), tourists needing local payment capability in India, and US businesses making payments to Indian counterparties.

Sliq Pay is registered as a Money Services Business with FinCEN (31000298221871) and holds NMLS licensing (2714589), operating through partner financial institutions in states where it is not directly licensed. The company is privately held, founder-operated, headquartered in Mountain View, California, with a compliance and legal presence in Spokane, Washington, and a disclosed headcount of 1-10 employees. No institutional funding rounds, acquisitions, partnerships, or leadership hires are disclosed in the available source material.

Name

Sliq Pay

Legal name

Sliq Pay Inc. (fka ARKS Ventures LLC)

Website

https://sliq-pay.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Sliq Pay is a mobile-first remittance platform enabling individuals, tourists, and businesses in the United States to send money instantly to recipients in India via UPI, bank transfer, QR code, phone, or email, operating as a self-serve, transaction-fee-based service licensed as an MSB.

Ownership category

akta.pro rank

Product category

Remittance Services

akta.pro primary industry

International Money Transfer Operators (MTOs) (FSAMAIAE)

akta.pro secondary industries

Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• International money transfers
• Remittance services
• Cross-border payments
• UPI payments
• Mobile remittance app

Headquarters

HQ city

Mountain View

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Money Transfer Transaction Fees: Revenue generated from fees charged per money transfer transaction. Fees are disclosed at transaction setup before confirmation. No subscription charges. Discounts available for larger transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Sliq Pay operates a mobile-first remittance and payments platform that enables users in the USA to send money to India instantly through UPI, QR code scanning, phone number, email, or bank account transfers. The platform uses mid-market (Google) exchange rates with transparent per-transaction fees and no subscription charges. Sliq Pay is registered as a Money Services Business with FinCEN (MSB 31000298221871) and holds NMLS ID 2714589, operating across three product lines: tourist payments, expat remittances, and business transfers.

Product overview

Sliq Pay is a mobile-first remittance and payments platform operated by Sliq Pay Inc. (fka ARKS Ventures LLC), offering three core products: (1) Tourists Pay in India, enabling visitors to India to pay locally via QR code or UPI without a local account; (2) Send Money to India (Expat), providing personal remittance with Google mid-market exchange rates and instant bank/UPI delivery; and (3) Business Payments to India, offering the same infrastructure for corporate transfers. All three products share a common technology stack delivering instant, one-click payments across India, transparent mid-market FX rates, zero hidden fees, and bank-grade security with NMLS/MSB regulatory compliance. The platform is accessible via iOS and Android mobile apps as well as a web interface.

Differentiator

Problem solved

Functional benefit

Products and services

• Tourists Pay in India A remittance and payment solution enabling tourists visiting India to pay merchants and individuals instantly using QR codes, phone numbers, email, or bank accounts without requiring a local Indian phone number or bank account. Supports local UPI payments, eliminates card declines and cash/ATM hassles, and provides transparent FX rates with no hidden charges.
• Send Money to India (Expat) Personal remittance service allowing expats in the USA to transfer money to India instantly using Google mid-market exchange rates with bank or UPI delivery. Targets use cases including supporting parents, emergency transfers, medical expenses, tuition fees, weddings, rent, and monthly remittances, with zero paperwork, no hidden fees, and volume discounts on larger transfers.
• Business Payments to India Business-oriented money transfer service enabling US businesses to make payments to India with instant delivery, transparent pricing, bank-grade security, and regulatory compliance (MSB and NMLS). Designed for B2B payments to suppliers, vendors, partners, and contractors in India.

Quantifiable outcome

• Instant delivery of transferred funds with no 3-day wait typical of traditional services
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Western Union: The largest global MTO with extensive USA-India corridor presence across cash payout, bank, and mobile wallet rails. Represents the legacy incumbent Sliq Pay is implicitly displacing on cost/transparency.
• Ria Money Transfer: Established US-based MTO (Euronet subsidiary) with strong agent network in India and growing app. Comparable corridor coverage and US MSB regulatory posture to Sliq Pay, with much larger legacy footprint.
• MoneyGram: Major US-headquartered MTO (private, owned by Madison Dearborn) with broad global remittance network including USA-India. Operates both digital app and agent-based cash payout; a primary reference competitor for any US remittance startup.
• Revolut: Global multi-currency neobank offering peer-to-peer transfers, currency holding, and remittance among 150+ corridors. Overlaps with Sliq Pay on multi-currency accounts and transparent FX, though from a much broader banking platform.
• Xoom (PayPal): PayPal-owned digital remittance service targeting the exact USA-India use case (send to bank, mobile wallet, cash pickup). Strong brand from PayPal umbrella and a directly competing product set.

Emerging players

• Nium: Cross-border payments infrastructure company offering remittance rails, virtual accounts, and card issuance. Comparable in corridor coverage ambition and developer-first mindset, though positioned as B2B infrastructure rather than a consumer MTO.

Direct peers

• Remitly: Public US-based digital remittance company (NASDAQ: RELY) with USA-India as one of its largest corridors. Mobile-first, self-serve, diaspora-focused — directly comparable GTM and product to Sliq Pay, but at vastly greater scale and brand recognition.
• Wise (formerly TransferWise): London-listed (LON: WISE) multi-currency and cross-border payments company famous for mid-market FX rates and full transparency — exactly the positioning Sliq Pay targets. Serves USA-India among many corridors, with both consumer and business offerings.
• WorldRemit: Digital-first remittance company (part of Zepz) serving diaspora corridors including USA-India. Mobile app, transparent pricing, multiple payout methods including mobile wallets — close product and GTM overlap with Sliq Pay.
• Sendwave (also Zepz): Mobile-first remittance app from ZepZ (WorldRemit's parent), targeting African and Asian diaspora corridors with no-fee positioning. Directly comparable mobile-first PLG GTM, though focused on different primary lanes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php?id=61581864584147
• LinkedInlinkedin.com/company/sliq-pay
• Instagraminstagram.com/sliqpay
• TikToktiktok.com/@sliqpay

Compliance3 records

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 Sliq Pay