Founder, Chairman, President And Ceo
CurrentBacked by Andreessen Horowitz/a16z, Motivate Ventures, Thomson Reuters Ventures, Presidio Ventures (Sumitomo Corp), RRE, PS27, Moore Capital & industry icons - Payall's pioneered infrastructure including turn-key product for banks, credit unions, emoney institutions & others in the cross-border ecosystem to make international money transfers safe, efficient, transparent and inclusive through banks and other regulated entities. Purpose-built software automates dozens of manual tasks related to risk mitigation, compliance, AML and SOPs that reduce manual costs, time and errors by up to 99%. Proprietary, dynamic global payment orchestration makes mass payments easy, enables disbursers to pay by email and mobile phone numbers (materially reducing costs, time, risks and hassles of collecting recipient PII and payment details) and we deliver funds to 95% +/- of the world’s population. Diverse pay-out options make it easy to pay anyone, anywhere (even the unbanked) and can serve as a bridge to modern financial services for the unbanked. We've redefined and transformed Know Your Transaction, "see-through" and Know Your Customer's Customer resulting in never-before possible transparency and real-time data-rich decisioning that protects the safety and soundness of the ecosystem. We're backward compatible for classic correspondent or clearing banks who support foreign initiated payments with their robust FX trading, liquidity and payment rails - and our tech overcomes the root cause issues to make the business safe, efficient and transparent. But we also power new paradigms such as Mastercard XBS/Move and XBS Express and a range of other pay-out options through domestic payment networks, mobile money, digital wallets, cards and cash pick-up. Payall enables financial institutions around the world, regardless of size, to offer unprecedented product options for disbursers and recipients so they can compete, win and delight those who make and receive cross-border payments.