“Can a decade-old crypto on-ramp reinvent itself as the compliant fiat↔crypto rails for PSPs, payroll providers, and merchants in the MiCA era?”
Paybis started in 2014 as a consumer crypto on-ramp — buy/sell BTC with cards and alternative payment methods. Over the last ~2 years it has pivoted into B2B crypto↔fiat infrastructure: a white-label OTC desk, fiat-to-crypto payment facilitation for merchants ('one integration, many acquirers'), and Paybis Send — virtual IBANs plus mass global crypto payouts for PSPs, payroll providers, and e-commerce platforms. The regulatory build-out (MiCA CASP + PSD2 PI in Latvia, FinCEN MSB in the US) is the structural evidence of the shift from exchange to embedded crypto infrastructure.
Paybis discloses Paybis (self-operated, SIA Paybis Europe — PSD2 PI) as its banking provider, according to the Embedded Finance Index 2026.
Paybis does not disclose a bank charter of its own; its banking services are provided through Paybis (self-operated, SIA Paybis Europe — PSD2 PI).
Paybis processes payments through Paybis (self-operated fiat-to-crypto payment facilitation). Disclosed money-movement rails: SWIFT and SEPA.
Paybis uses Paybis (self-operated FX; 30+ fiat currencies, 0% FX fees advertised) for FX and cross-border payouts.
Paybis's crypto products run on Paybis (self-operated — MiCA CASP, SIA Paybis Europe).
The Embedded Finance Index 2026 maps 5 layers in Paybis's stack: Payments / PSP (Paybis (self-operated fiat-to-crypto payment facilitation)); Money movement (SWIFT and SEPA); Banking / BaaS (Paybis (self-operated, SIA Paybis Europe — PSD2 PI)); FX & payouts (Paybis (self-operated FX; 30+ fiat currencies, 0% FX fees advertised)); Crypto (Paybis (self-operated — MiCA CASP, SIA Paybis Europe)).
Paybis was founded by Innokenty Isers and Konstantin Vasilenko and is founded in 2014, headquartered in Warsaw, Poland.
Paybis has raised undisclosed (bootstrapped) in total.
Get a read on where your own stack stands against Paybis 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.