Payfuture

Payfuture

Payment gateway enabling local market payments

Overview

Payfuture connects large online brands to local payment methods in emerging markets through a single API integration. It acts as a payment gateway connector that lets merchants offer popular local options to customers in hard-to-reach regions, enabling new revenue streams as internet usage grows in these markets. The platform works by providing access to regional payment solutions, improving customer journeys, increasing approval rates, and offering conversion recovery tools to boost revenue and performance. Unlike generic gateways, Payfuture focuses on unlocking high-potential markets (covering regions where 85% of the world’s population lives) and provides a competitive edge through specialized local options and performance tools. The company's goal is to enable sustainable, profitable growth for merchants by expanding payment reach and optimizing checkout performance in emerging markets.

About Payfuture

Simplify's Rating
Why Payfuture is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

2020

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Simplify's Take

What believers are saying

  • June 2026 ACE Money Transfer partnership expands remittance payouts to 1.3 million customers.
  • January 2026 CRO hire and active 2026 hiring signal continued commercial investment.
  • Emerging-market ecommerce growth in India and Asia increases demand for localized payment acceptance.

What critics are saying

  • Stripe, Razorpay, PayU, and Airwallex compress pricing and merchant acquisition in 2026.
  • Any MFSA, banking-partner, or AML lapse freezes settlement and breaks Payfuture’s core product.
  • Payfuture’s narrow partnerships model depends on counterparties; one major loss slows expansion immediately.

What makes Payfuture unique

  • Payfuture combines local rails with MFSA-regulated settlement in Malta, tightening compliance.
  • July 2026 Shopify India integration embeds UPI and NetBanking inside merchant workflows.
  • July 2026 UNIGOX partnership extends Payfuture’s emerging-market rails into Asia.

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Benefits

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-1%

2 year growth

-10%
Financial IT
Jul 14th, 2026
Payfuture and UNIGOX partner to bring cross-border payment infrastructure to Asia.

Payfuture and UNIGOX partner to bring cross-border payment infrastructure to Asia. * Payments * 14.07.2026 09:46 am Payfuture, the global payments company building financial infrastructure in emerging markets, today announced a strategic partnership with UNIGOX, a cross-border payments provider enabling fast, flexible settlement across fiat and stablecoin rails. The partnership marks UNIGOX's entry into Asia, with multiple markets coming online in the near term. By combining UNIGOX's multi-currency payment infrastructure with Payfuture's established local rails and regulatory expertise in emerging markets, the collaboration gives UNIGOX's customers, which includes remittance companies, neo-banks, retail platforms, and micro-task businesses, a reliable and compliant route to move funds into the region. UNIGOX has built a strong position across Africa and operates throughout Europe, the UK, and the United States, supporting USD, GBP, and EUR alongside virtual account issuance in those markets and across African countries including Nigeria. Its model of enabling businesses to fund and settle via traditional payment methods, or stablecoins, offers a modern alternative to legacy payment providers. The partnership with Payfuture extends that model into some of the world's fastest-growing payment corridors. For UNIGOX's customers, the expansion means access to Asia's rapidly developing payment infrastructure through a single, trusted partner. For Payfuture, it deepens the company's role as the infrastructure layer of choice for businesses entering Asian emerging markets. Manpreet Haer, CEO and Co-founder at Payfuture, said: "UNIGOX has built something genuinely differentiated, a payments model that gives businesses real flexibility in how they fund and settle across borders. We're proud to be the partner powering their move into Asia. Our infrastructure is built for exactly this kind of expansion, and we look forward to bringing more markets online together."

GlobeNewswire
Jul 7th, 2026
Payfuture launches local payments integration for merchants on Shopify in India.

Payfuture launches local payments integration for merchants on Shopify in India. The integration builds on Payfuture's broader strategy to deliver local payment connectivity through major ecommerce platforms. July 07, 2026 07:00 ET | Source: Payfuture London, UK, July 07, 2026 (GLOBE NEWSWIRE) - Payfuture, a global payments company helping merchants scale in high-growth regions, now integrates with Shopify to provide merchants with seamless access to local payment methods in India's fast-growing ecommerce market. Merchants using Shopify can now enable popular Indian payment methods, including Unified Payments Interface (UPI) and NetBanking, through a single connection with Payfuture's payment app. India is one of the most strategically important ecommerce markets in the world, with its online retail sector projected to reach USD 150-170 billion by 2027. Widespread mobile-first behaviour and consumer trust in domestic payment systems continue to drive growth across the Indian subcontinent and broader South Asia. As the region matures, platform readiness, payment localisation, and regulatory infrastructure are becoming key competitive differentiators for merchants seeking long-term scale. Payfuture CEO and Co-Founder: Manpreet Haer. "This integration makes digital commerce more accessible, scalable, and locally optimised for global merchants in fast-growth markets," said Manpreet Haer, CEO and Co-Founder of Payfuture. "India is a vital market for ecommerce growth, and our infrastructure makes it easier for merchants to reach local buyers while maintaining compliance and operational efficiency." This integration builds on Payfuture's broader strategy to deliver local payment connectivity through major ecommerce platforms. The company continues to invest in infrastructure and regional capabilities to help merchants expand into India and other high-growth markets. "Our role is to help global merchants operate like locals in markets that are often difficult to access," added Manpreet Haer. "The Shopify integration allows us to bring that vision to life in one of the most important commerce ecosystems in the world." About Payfuture Payfuture is a global payments company helping businesses operate and expand in the world's fastest-growing emerging markets. The company enables merchants, platforms, and payment providers to manage local payment acceptance and cross-border fund movement across complex regions. With a strong presence across Africa, Asia, and the Middle East, Payfuture combines deep local market expertise with compliant settlement infrastructure to support international growth. Payfuture FS MT Ltd operates as a regulated Electronic Money Institution through the Malta Financial Services Authority (MFSA) and provides compliant fiat-to-fiat settlement infrastructure to support international merchant operations. Founded in 2019 and headquartered in London, Payfuture works with global businesses to navigate the regulatory, operational, and payment challenges of cross-border commerce. For more information please visit: https://www.payfuture.net/

Financial IT
Jun 9th, 2026
Payfuture and ACE Money Transfer strengthen cross-border payment services through strategic partnership.

Payfuture and ACE Money Transfer strengthen cross-border payment services through strategic partnership. * Payments * 09.06.2026 09:47 am Payfuture, the global payments company building financial infrastructure in emerging markets, today announced a strategic partnership with ACE Money Transfer, one of the UK's most established remittance providers, serving more than 1.3 million customers across UK, Europe, Australia, and Canada. As part of its ongoing efforts to support leading remittance providers in delivering seamless cross-border payment experiences, Payfuture has partnered with ACE Money Transfer to enhance payout services across key remittance markets. The collaboration reflects a shared commitment to improving service reliability, operational efficiency, and the overall customer experience. The partnership supports ACE Money Transfer's growing customer base, many of whom rely on remittance services to support family members and loved ones abroad. As demand for fast, reliable, and convenient international money transfers continues to increase, strategic collaborations between payment providers and remittance companies play an important role in delivering a consistent and trusted customer experience. For ACE Money Transfer customers who regularly send money to support family members and loved ones abroad, reliability and efficiency are essential. Through this partnership, Payfuture is supporting ACE Money Transfer in enhancing its payout capabilities and delivering a more seamless and dependable experience for customers across key remittance markets. Through its partnership with ACE Money Transfer, Payfuture is helping support enhanced payout capabilities, contributing to improved service reliability, operational efficiency, and a seamless experience for both senders and recipients. Sid Gautam, Chief Revenue Officer at Payfuture, said: "We're delighted to be partnering with ACE Money Transfer, a business that shares our commitment to making cross-border payments faster and more reliable. Together, we're helping ACE deliver a better experience for their customers sending money home, with the speed and consistency that matters most to them." Hasan Mubarak, Group Unit Head - Corporate Relationship & Business Development at ACE Money Transfer, said: "At ACE Money Transfer, we are committed to continuously enhancing the experience we provide to our customers. Our partnership with Payfuture reflects that commitment, helping us strengthen our service offering and deliver a more reliable, efficient, and seamless remittance experience. We look forward to working together to support the evolving needs of customers and further improve the way people send money across borders." The partnership reflects the growing demand for reliable, efficient, and customer focused cross-border payment solutions. As customer expectations continue to evolve, collaboration between payment providers and remittance companies plays an increasingly important role in delivering seamless payment experiences. Through partnerships with established remittance providers such as ACE Money Transfer, Payfuture continues to support the delivery of dependable payment services while helping enhance customer experience across global remittance markets

Tech Funding News
May 9th, 2025
Uk Tech Voices Aren’T All Celebrating The Uk’S Latest Trade Deals

The UK’s recent trade deals with India and the US are the first strategically significant deals to show the UK’s approach to trade in a post-Brexit world. They also highlight quite different approaches to negotiations.The Indian deal is the result of a more traditional approach. Three years of detailed negotiations resulting in a deal that the UK government says will increase trade between the two countries by more than £25 billion by 2040.The deal with the US took a slightly different format. Although long-running discussions were taking place, the deal was heavily shaped by the context of Trump’s ‘Independence Day’ — when he broke from long-established trading norms imposing unilateral tariffs — and was short on detail but long on superlatives.Given the size of UK trade with the two countries, they will, despite those differences, have significant impact. We asked a few tech leaders for their thoughts.The impact on tech and innovationThere were positive remarks about the potential for closer working in the tech and innovation sectors.Referring to the UK-India deal, Zaki Farooq, CTO and Co-Founder of PayFuture, welcomed it, saying it was “a catalyst for deeper economic integration between two of the world’s most dynamic economies.”He went on to point out the opportunities such deals created. “The reduction in tariffs and expanded access to sectors like services and procurement offer meaningful opportunities not just for major exporters but also for SMEs looking to scale internationally,” he said.Even businesses with a UK focus, like public sector AI platform provider ICS.AI, could benefit

Financial IT
May 7th, 2025
PayFuture Appoints Sanda Laicena as Group Chief Legal Officer

PayFuture appoints Sanda Laicena as Group Chief Legal Officer.

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