“Can a multi-jurisdictional EMI become the single-contract, unified payment infrastructure layer for high-risk and digital businesses globally?”
Founded in 2017 as a UK-licensed EMI, PayDo initially targeted online businesses needing multi-currency IBAN accounts and cross-border payments. Over time it expanded its regulatory footprint to Malta (EU) and Canada, establishing itself as a multi-jurisdictional payment infrastructure provider. In December 2025, PayDo repositioned more explicitly as a unified payment infrastructure suite, securing direct SEPA, SWIFT, and card-acquiring memberships to eliminate the fragmented multi-vendor payment stacks that burden digital businesses — particularly those in high-risk verticals such as iGaming, forex, and e-commerce.
Paydo discloses Fidor Bank (partner) as its banking provider, according to the Embedded Finance Index 2026.
Paydo does not disclose a bank charter of its own; its banking services are provided through Fidor Bank (partner).
Paydo processes payments through Visa Acquiring (self-operated / direct membership) and Mastercard Acquiring (self-operated / direct membership). Disclosed money-movement rails: SWIFT, SEPA Instant and SEPA.
The Embedded Finance Index 2026 maps 3 layers in Paydo's stack: Payments / PSP (Visa Acquiring (self-operated / direct membership) and Mastercard Acquiring (self-operated / direct membership)); Money movement (SWIFT, SEPA Instant and SEPA); Banking / BaaS (Fidor Bank (partner)).
Paydo was founded by Serhii Zakharov and is founded in 2017, headquartered in Saffron Walden, Essex, United Kingdom.
Paydo has raised $990K in total (latest round: Seed (1 round disclosed)).
Get a read on where your own stack stands against Paydo 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.