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NextPay

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Mass payout solutions provider streamlining payments for small businesses.

Overview

NextPay operates as a mass payout solutions provider, facilitating bulk payment disbursements for small and medium-sized enterprises (SMEs) to multiple recipients, including freelancers, partners, and suppliers. The platform supports multi-currency distributions and includes features such as automated currency conversion, compliance with international transfer regulations, and real-time tracking of payouts. NextPay aims to address the challenges SMEs encounter in managing bulk payments, thereby enhancing the efficiency of financial operations. Its services encompass bulk payments, transaction summary storage for bookkeeping, and developer APIs for custom workflows. NextPay is licensed and regulated by the Bangko Sentral ng Pilipinas.

Key facts

Founded
2019
Headquarters
Hanoi, Vietnam
Sector
Payments

Business model

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About NextPay

What does NextPay do?

NextPay operates as a mass payout solutions provider, facilitating bulk payment disbursements for small and medium-sized enterprises (SMEs) to multiple recipients, including freelancers, partners, and suppliers.

Where is NextPay headquartered?

NextPay is headquartered in Hanoi, Vietnam.

When was NextPay founded?

NextPay was founded in 2019.

Which sector is NextPay in?

NextPay operates in Payments, part of Financial Technology.

Who are NextPay's competitors?

Companies similar to NextPay include Inbanx, Kuickpay, and Numo.