VoPay

VoPay is a fintech company that provides embedded financial services and payment processing solutions through its API-based platform. The company offers a comprehensive suite of payment services, including electronic funds transfers (EFT), Automated Clearing House (ACH) payments, Interac e-Transfer for businesses, and Visa's direct money transfer service. VoPay's technology allows businesses to integrate various financial services and payment capabilities into their existing applications, products, and services.

The company's platform is designed to simplify access to advanced financial technology solutions, enabling businesses to enhance their operations and improve customer experiences. VoPay maintains a 99.99% uptime across its APIs, ensuring reliable and stable financial technology infrastructure for its clients. The platform supports real-time payments, instant bank account verification, and seamless connection to North America's banking system. VoPay's services are aimed at reducing costs associated with manual processing and infrastructure development while allowing businesses to focus on their core competencies.

In April 2022, VoPay partnered with HES FinTech to offer an integrated solution for Canadian lenders, combining loan management software with real-time payment capabilities. This partnership aimed to enable lenders to access smarter loan technology and real-time bank account payments using a single solution. VoPay's expansion efforts include entering the US market through a partnership with Cross River Bank, announced in March 2024. The company has also been accepted into the UK FinTech branch of the Canadian Technology Accelerators (CTA) program, marking its first step toward European expansion.

Key customers and partnerships

VoPay has established partnerships with several prominent financial institutions and technology providers. In March 2024, the company partnered with Cross River Bank, a technology infrastructure provider offering embedded financial solutions, to accelerate its expansion into the US. This collaboration provides VoPay with access to the US banking and payment network infrastructure.

The company has also partnered with Visa, leveraging Visa Direct to offer fast and reliable payment services to its customers. Additionally, VoPay has collaborated with Mastercard, utilizing Mastercard Move technology to deliver value to Canadian consumers, businesses, and government entities.

VoPay's customer base includes businesses across various sectors. Plexflow, a property management platform, has integrated VoPay's payment solution, reporting improved efficiency in payment processes for its users. GiveWise, a charitable organization, has partnered with VoPay to enhance its donation processes, citing increased efficiency and donor engagement.