The Venture Codex Logo

The Venture Codex

PayALL

Yamanevler Mah. Ahmet Tevfik İleri Cad. 4B Plaza No:26 Kat:9, Ümraniye, Istanbul, Turkey

Overview

Payall is a Miami-based cross-border payments processor that builds white-label software, UI and APIs enabling regulated banks to offer international fund transfers. Its platform is designed to help clearing institutions “know their customer’s customer” and automate high-volume payouts. Recipients can receive funds to digital wallets, prepaid cards, or bank accounts, with the company targeting near-real-time delivery at lower cost than traditional bank products. Payall emphasizes compliance and protecting the safety and soundness of cross-border payments, a category framed as high risk by regulators. Founder Gary Palmer, a payments industry veteran, says the product is intended to be inclusive so banks can deliver money efficiently to anyone on the planet. Payall recently raised a $10M seed round and had previously secured $8.2M in pre-seed and SAFE financings.

Total raised
$10M
Funding rounds
1
Latest round
Seed
Latest activity
Sep 2022

Industries

  • Customer Service
  • Financial Services
  • FinTech
  • Mobile Payments
  • Payments
Visit website

Recent funding

  1. Seed

    Sep 2022

    $10M

Team