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Payop

“Can a globally-regulated PSP serving high-risk and digital-goods merchants build the broadest local payment method coverage to compete with tier-1 acquirers on conversion and reach?”

Founded2016
HQVancouver, British Columbia, Canada
IndustryInfrastructure / Payments
The story

Founded in 2016 as Transferop Payment Gateway Ltd. operating under the Payop brand, the company built a global PSP focused on high-risk and digital-goods merchants across 170+ countries. Over time, Payop expanded its payment method coverage to 500+ options including local cards, bank transfers, e-wallets, and open banking (Pay by Bank / Pay by Monzo), positioning itself as a full-service payment gateway for digital businesses. The company is regulated as an MSB in Canada and operates under Malta's MFSA supervision, reflecting a dual-jurisdiction compliance posture suited to its global merchant base.

Last 12 months
2025
2024
Product timeline
2016
Founded as Transferop Payment Gateway Ltd., operating as Payop, an international payment service provider.· pivot
2023
Launched Pay by Monzo and expanded Pay by Bank coverage to 10 countries; doubled team size through operational reorganization.· banking
2024
Decreased platform fees and reduced holds by 4x; updated checkout; added real-time status tracker for payers.· pivot
2025
Completed full rebranding with new brand identity, launched redesigned checkout optimised for higher success rates, and added detailed merchant guide to dashboard.· pivot
Regulated entities
2
regulatory licences held by Payop
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Payop’s embedded-finance stack
Payments / PSP
Payop (self-operated)
Open banking
in the full report
FX & payouts
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.