xpate is a global fintech company that simplifies cross-border payments by unifying acquiring, banking, FX, and payouts into one seamless platform
What specific challenges did you identify in the global payments landscape that led you to found xpate, and how does your all-in-one platform offer a unified solution?
xpate started because the payments space was (and still is) too fragmented. Businesses were forced to work with multiple partners just to manage something as basic as accepting payments, moving money, or paying suppliers. It was slow, complicated, and expensive.
We set out to change that, to strip out the complexity and build one unified, compliant, global payment ecosystem. xpate brings acquiring, banking, FX, and payouts into a single account so businesses can move money in and out without a mess of disconnected tools. The goal has always been to make global payments work as simply and instantly as sharing information.
xpate combines card acquiring, multi-currency banking, and financial tools. Can you walk us through the journey of integrating these complex services and explain how this comprehensive approach provides a unique advantage for your clients?
xpate brings card processing, banking access, and global payments into one account, removing the need for third-party integrations or manual workarounds. We’re fully licensed and compliant in key jurisdictions, enabling us to serve high-growth sectors without disruption, even in heavily regulated environments.
With instant settlements, real-time visibility, and multi-currency management, we help businesses maintain liquidity and adapt quickly, especially during high-volume periods. The industry is already complex enough, so our focus is on making payments simple for our customers.
You mention supporting over 150 currencies under strict global regulations. How did you navigate the legal and compliance hurdles to achieve this, and what does this level of regulatory adherence mean for a business aiming to scale internationally with ease?
Supporting over 150 currencies is as much a regulatory challenge as it is a technical one. After all, every market has its own licensing requirements, reporting standards, and compliance rules, and you cannot cut corners if you want to operate at scale. From the start, we focused on building the right legal frameworks and securing licences, including an Electronic Money Institution licence from the Bank of Latvia in the EU, and the FCA authorisation in the UK.
This foundation means our clients do not have to navigate those hurdles themselves. They can accept and send payments in multiple currencies, knowing every transaction meets the highest compliance standards. For businesses aiming to grow internationally, it removes a major barrier and allows them to expand into new markets without being slowed down by regulatory complexity.
Your platform is built for fintechs and e-commerce. What are the key features of xpate that directly address the specific needs and growth challenges of these businesses?
xpate was built to tackle the real challenges digital businesses face, from slow settlements to fragmented providers and complex compliance. Many companies still struggle with outdated, disconnected banking systems that don’t communicate with each other, let alone cater to industries like blockchain or crypto. Our platform consolidates card processing, banking access, and global payments into a single account, removing the need for third-party integrations and manual workflows. Cross-border transactions and payment processing are often slow, expensive, and buried in red tape, which can hold back growth. xpate gives companies the tools to track and move their money in real time, remove bottlenecks, and manage finances with greater control.
There is also a stigma around regulated industries, with companies in blockchain and crypto often being unfairly labelled and hitting a wall when traditional institutions can’t or won’t serve them.
Could you share a pivotal moment or a specific client success story that truly illustrates the value xpate brings to a business
The real turning point came when we started focusing on the opportunities with the strongest client demand.
In fintech, there’s always a temptation to build everything at once — especially when you’re inspired by the big names in the industry. For a while, we experimented broadly, trying out many markets and strategies.
But then, instead of building first and then searching for clients, we flipped the approach: validate with the client first, then build. That change gave us clarity, helped us focus our resources, and unlocked a period of real growth — with stronger performance metrics, an expanding customer base, and a scale we had never seen before.
What’s on the horizon for xpate? What new markets, technologies, or services are you most excited about developing to further simplify global payments?
Looking ahead, we’re focused on solving one of the most pressing challenges our clients face: maintaining healthy cash flow. Many businesses depend on having quick and reliable access to their funds to keep operations running smoothly. xpate’s next evolution is designed to support that need by making global payments faster, simpler, and more connected.
As a founder in the fintech space, what is one essential piece of advice you would give to others who are building a regulated business in a complex and competitive market?
No matter the size of the company, the focus should be on helping customers navigate complexity rather than adding to it. That mindset has set xpate apart, because we understand the challenges our customers face, especially as they adapt to new ways of working. In a sector full of regulations and complexity, we prioritise making processes easy for customers rather than burdening them. Crypto is here to stay, and businesses embracing it are driving adoption across industries. Fintech companies need to respond by building crypto-friendly ecosystems, and xpate is doing exactly that by delivering infrastructure that supports both traditional and emerging payment models.
Picture Mike Shafro @xpate
Thank you Mike Shafro for the Interview
Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.
