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PayPro Global

“Can a bootstrapped Canadian Merchant of Record hold ground against Paddle and FastSpring as SaaS founders increasingly outsource global tax and compliance?”

Founded2006
HQToronto, Ontario, Canada
FoundersMeir Amzallag, Tibor Madjar
Latest roundSecondary - Private
IndustryInfrastructure / Payments
The story

Founded 2006 as a software reseller for downloadable products, PayPro Global evolved into a full Merchant of Record for SaaS, software, and video game companies. The company acts as the legal seller — handling payment processing, global VAT/GST/sales tax, fraud, and compliance — competing directly with Paddle, FastSpring, and 2Checkout. It has grown organically rather than through venture rounds, remaining bootstrapped/founder-led with roughly $8.5M revenue and 60-80 employees across offices in Canada, US, UK, Ukraine, Romania, and Poland.

Last 12 months
—
Product timeline
2006
PayPro Global founded in Toronto as a reseller / Merchant of Record for software and SaaS vendors.· founding
2016
Expanded MoR platform with global tax compliance, subscription management, and multi-currency checkout.· product
2020
Scaled to 3000+ businesses served with 70+ payment methods and 140+ currencies across 200+ regions.· product
2024
Positioned as a Stripe/Paddle/FastSpring alternative for SaaS, software, and video game companies selling globally.· product
Regulated entities
2
regulatory licences held by PayPro Global
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in PayPro Global’s embedded-finance stack
Payments / PSP
PayPro Global (self-operated MoR)
Accounting gap: significant

PayPro Global — frequently asked

Who is PayPro Global's payment processor?

PayPro Global processes payments through PayPro Global (self-operated MoR).

Who founded PayPro Global?

PayPro Global was founded by Meir Amzallag and Tibor Madjar and is founded in 2006, headquartered in Toronto, Ontario, Canada.

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