← Embedded Finance Index 2026

Payment Labs

Can a specialized cross-border payout platform own the payments and compliance layer for sports, creator economy, and esports industries globally?

HQCalifornia, USA
Total raised$3.25M
Latest roundSeed
IndustryFintech / Cross-border payments
The story

Payment Labs, operating as Payment Pro Logistics LLC d/b/a Payment Labs out of California, was founded to simplify global payment management for industries with complex payout needs — sports, esports, NIL athlete payments, content creators, and royalty distributions. The platform handles payins and payouts across 150+ currencies in 180+ countries, with embedded tax compliance (W8/W9, withholdings, 1099 reporting). It raised a $3.25M seed round to expand into sports and creator economy verticals. The company operates multiple branded properties (prizepayments.com, mallo.io), suggesting vertical-specific product differentiation.

Last 12 months
2026-04
Product timeline
2024
Terms of Service last updated September 2024, with associated domains www.prizepayments.com and www.mallo.io indicating expanded product lines.· pivot
2026
Privacy Policy and Service Agreement updated April 2026, confirming continued operation and compliance efforts.· banking
The stack
3 layers disclosed in Payment Labs’s embedded-finance stack
Money movement
ACHFedwireSWIFT
Banking / BaaS
in the full report
Sponsor bank
in the full report
Accounting gap: significant
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.