Karsten Wenzlaff, Advisor
August 26th, 2025
Payments | April 24, 2025

Image courtesy of VoPay
On April 23, Vancouver-based fintech VoPay announced the launch of its Cross Border Payments-as-a-Service platform, built for companies that want to send money globally but don’t want to build the infrastructure to do it.
VoPay's new payments service offers companies including fintechs a full suite of tools to move money for B2B, B2P, P2B and P2P use cases across 140+ countries, and various payment channels and methods. The system handles currency conversion, compliance risks, banking partnerships, and global settlement behind the scenes while companies retain full control of the user experience.
Instead of reinventing a global payment network from scratch, companies can plug into VoPay’s platform through APIs, white label dashboards, and even no-code tools, with setup taking less than two weeks. The new cross-border payments platform supports business to business, business to person, and peer to peer payments using a single system designed for speed and scale.
The platform offers real time foreign exchange with smart routing, helping businesses optimize conversion rates automatically. It comes with compliance tools already built in, including checks for KYC, AML, and global sanctions, so companies don’t need to manage that complexity on their own.
Money can be sent via a wide range of global delivery methods, such as direct bank transfers, mobile wallets, credit and debit cards, and even cash payouts where supported. VoPay's service also handles reconciliation, transaction tracking, and reporting, which gives businesses full visibility and peace of mind over every payment.
Everything is designed to work with existing platforms, so companies can start offering international payments to their customers quickly. VoPay has also partnered with Mastercard to support real time payouts to more than 100 countries.
While fintechs and financial institutions can use the platform to add global payment features quickly, the service is also designed for online platforms, such as vertical SaaS, digital marketplaces, payroll apps, and ERPs.
For example, a gig work platform could use VoPay to pay global contractors. An insurance platform could send global claims instantly. A business platform could let clients send or receive funds across borders in real time.
Hamed Arbabi, CEO of VoPay:
"In a time when cross-border trade and supply chains face unprecedented complexity, businesses need infrastructure that removes barriers, not adds to them. This new solution gives our partners the ability to offer world-class international payment experiences, boosting their revenue streams while supporting their customers with faster, smarter, and safer transactions."
Cross-border B2B payments are projected to reach $124 trillion by 2028. VoPay's PaaS tools enable companies to offer fast, brandable, and compliant ways to move money around the globe without being a payments company or having to build complex infrastructure. This launch builds on VoPay’s broader work in embedded finance and follows its recent VoPay360 release, which helps integrate payments into accounting platforms. The platform is now live and available for commercial use. For more information: vopay.com/global-cross-border-payments
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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