Corefy
“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?”
Founded2016
HQLondon, United Kingdom (HQ); Kyiv, Ukraine (R&D)
IndustryInfrastructure / Payments
The story
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.
Last 12 months
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Product timeline
2016
Founded in Ukraine as PayCore.io, a payment orchestration platform for online businesses and payment institutions.· pivot
2020
Rebranded from PayCore.io to Corefy; expanded connector library.· pivot
2024
Reached 600+ ready-made payment provider integrations and 1,200+ payment providers in network.· product
The stack
2 layers disclosed in Corefy’s embedded-finance stack
Payments / PSP
Corefy Payment Orchestration Platform (self-operated)
FX & payouts
in the full report
Accounting gap: minor
2 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.