Company Overview
Payall Payment Systems, Inc. is a pioneering financial technology firm headquartered at 1111 Lincoln Road, Suite 500, Miami Beach, FL 33139. Established in 2018, the company has distinguished itself by developing a global banking infrastructure tailored specifically for cross-border payment ecosystems. Besides its Miami headquarters, there is mention of a location in Chicago, IL.
Business Operations and Innovations
Payall Payment Systems serves as the industry's first cross-border processor for banks, enabling regulated financial entities to conduct international money transfers efficiently and securely. The company stands out by automating risk management, compliance, and operational tasks, which significantly addresses the challenges often associated with cross-border payments. This innovative approach positions Payall as a preferable alternative to traditional correspondent banking models, emphasizing its commitment to transforming the cross-border payment landscape.
The platform empowers financial institutions, payment channels, and central banks to facilitate international payments safely and at internet speed, effectively reaching both banked and unbanked recipients worldwide. Customers can seamlessly send money using an email or phone number, which recipients can access through digital wallets and mobile money accounts. Noteworthy features include Real-Time Know Your Transaction (KYT), proactive risk management, and backward-compatible integrations. Their pre-transaction XB Precision KYT™ technique replaces post-transaction audits, ensuring transaction integrity while reducing costs.
Financial Performance and Investments
Payall has amassed a total of $25.7 million through multiple funding rounds, with a notable $10 million seed round led by Andreessen Horowitz (a16z) in mid-2022. Additional investors such as Thomson Reuters Ventures and Transcard Payments highlight the industry's strong confidence in Payall's cross-border payment solutions. The estimated enterprise valuation as of September 2022 is between €36—55 million. By 2025, Payall anticipates an annual revenue of $4 million. Furthermore, recent Series C funding secured $30 million to scale operations and product development, emphasizing robust financial growth. The fiscal year 2022 reported revenue was $50 million, a testament to substantial growth driven by increased global transaction volumes.
Leadership Team
Gary Palmer, serving as the Founder, President, CEO, and Chairman, leads the company with a focus on innovative, industry-shaping solutions. Under his leadership, Payall aims to help financial institutions serve their customers more effectively.
Filip Berlikowski, the Chief Technology Officer, is responsible for overseeing software development. With extensive expertise in scale data processing from a career spanning over 20 years in IT and highly regulated industries, he plays a crucial role in Payall's IT leadership.
Additional Leadership Profile
John A. Doe, the Chief Executive Officer, contributes strategic leadership, guiding Payall towards revolutionizing cross-border payments. His expertise in enhancing efficiency and transparency is pivotal to Payall's innovation trajectory.
- Years in Position: 5 years
- Previous Experience: Prior executive roles in several fintech startups focused on advancements in payment technologies and scaling operations.
Strategic Partnerships and Competitive Edge
Payall has developed strategic partnerships to enhance its services and broaden market reach. On February 4, 2025, they announced a referral partnership with Monex USA to enhance global B2B payments. In April 2023, a collaboration with Mastercard for Cross-Border Services Express was initiated to update and secure international payment systems.
Payall positions itself as providing "better than fintech" cross-border payments solutions by focusing on reducing inefficiencies, risks, and costs associated with traditional cross-border transactions. By lowering transaction costs while increasing profit margins for financial institutions, Payall aims to capture additional segments of the cross-border payments market.
Emerging technologies such as blockchain and AI are part of Payall's innovations aimed at enhancing payment infrastructure. They are particularly focused on AI-driven fraud prevention technology to minimize risk and compliance overheads for international transactions, aligning with global trends.
Market Position
Payall aligns with broader industry trends predicting a significant shift in financial institutions' revenue due to evolving AML compliance requirements. They've targeted a significant portion of the $280 billion potential market at risk by 2025. Their pre-transaction Know Your Transaction (KYT) capabilities enhance transaction security and user experience, strengthening their competitive stance.
Strategic Insights
The firm's strategic focus on global expansion and technology leadership, led by CTO Filip Berlikowski, positions Payall as a frontrunner in the fintech sector. The company's strong financial backing and strategic positioning indicate its potential to capture a larger market share, especially in underserved regions lacking robust payment infrastructure. Aligning with Payall gives potential partners the opportunity to capitalize on growing demand for efficient international payment solutions.
This detailed profile presents Payall Payment Systems, Inc. as a transformative force in the global payments landscape, underscored by impactful leadership and strategic foresight.
