We’re building the payment layer for modern platforms
Onboard merchants, accept payments and settle payouts on one set of rails — so the platforms we power can think about their product, not their processor.
Moving money is still too hard. A platform that wants to pay out its sellers shouldn’t need a banking license, a year of integration and a compliance team of twelve. We package the hard parts — acquiring, onboarding, the ledger, settlement and PCI scope — behind one API, and charge a transparent fee per transaction. Nothing monthly, nothing hidden.
That’s the whole company in a sentence: take the parts of payments that take years to build, and make them an afternoon.
Where we are today
From four engineers to four billion
The short version of how Cobaltpay grew from a sponsor-bank prototype into rails that platforms run real volume on.
- 2021
Cobaltpay is founded
Four engineers from a European acquirer set out to make embedded payments something a platform could ship in a week, not a quarter.
- 2022
First platforms go live
Our first marketplaces onboard sub-merchants through the API. We settle our first million in volume and move to a sponsor-bank model.
- 2023
Multi-currency settlement
Local acquiring in 12 markets, presentment in 30+ currencies and T+1 payouts in EUR, GBP and USD. Ledger rebuilt for double-entry from day one.
- 2024
PCI DSS Level 1
Certified as a Level 1 service provider. SCA, 3-D Secure 2 and tokenized vaulting become the default for every merchant on the platform.
- 2025
$4B run-rate
Crossed a four-billion annualized processing run-rate with 120+ people and payout corridors live across more than 40 countries.
The principles behind every release
Money is trust
Every cent that moves through us belongs to someone else. We treat the ledger as sacred and reconcile to the penny, every day.
Boringly reliable
Payments should be the least exciting part of your stack. We optimize for 99.99% and redundant rails over launch-day fireworks.
Ship and own it
Small teams, end to end. Whoever ships a corridor carries the pager for it. No throwing work over the wall.
Merchants first
We win when the platform's sub-merchants get paid on time. Transparent per-transaction pricing, no monthly minimums, no surprises.
Compliance is a feature
KYC, sanctions screening and PCI scope are built into the product, not bolted on. Doing it right is the fast path.
Build the primitive
We'd rather ship one clean API others compose than ten bespoke integrations. Good primitives compound.
The team carrying the pager
Payments, risk and engineering people who’ve shipped acquiring and settlement before — and a few who’d never touched fintech and ask the right naïve questions.
Start moving money in days, not months.
Onboard merchants, accept payments and settle payouts on one platform. Go live with sandbox keys today and switch to production once your first account passes KYC.
or talk to our teamNo setup fees · No monthly minimums · PCI DSS Level 1