“Can a pure-software payment orchestration layer, holding no licenses and no funds, become the default routing brain for high-risk global merchants and PSPs?”
Founded 2016 in Kyiv as PayCore.io, later rebranded to Corefy with UK HQ. The company deliberately positions itself as a pure software/orchestration layer — not an FCA-regulated PI/EMI — so clients keep direct contracts with PSPs and acquirers, and Corefy never holds funds. Growth thesis is connector breadth (600+ integrations, 1,200+ providers) for iGaming, forex, crypto PSP, marketplace, and high-risk verticals.
Corefy processes payments through Corefy Payment Orchestration Platform (self-operated).
Corefy uses Corefy Payouts (self-operated) and Corefy Currency Conversion (self-operated) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 2 layers in Corefy's stack: Payments / PSP (Corefy Payment Orchestration Platform (self-operated)); FX & payouts (Corefy Payouts (self-operated) and Corefy Currency Conversion (self-operated)).
Corefy is founded in 2016 and headquartered in London, United Kingdom (HQ); Kyiv, Ukraine (R&D).
Get a read on where your own stack stands against Corefy and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.