Walapay Inc.
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Walapay Inc. - overview
Established
2024
Location
Toronto, ON, Canada
Primary Industry
Financial Services
About
Based in Ontario, Canada,, Walapay operates as a financial technology company providing global money movement infrastructure through modern APIs. The company enables businesses and financial platforms to move and manage funds globally across fiat currencies and stablecoins. Based in Ontario, Canada, and founded in 2024, Walapay Inc. , founded by Tom Borgers and Dimitri Borgers, provides global payment and financial infrastructure solutions for the fintech and financial services industry.
The company enables businesses to manage cross-border money movement through API-based fiat and stablecoin payment solutions. In September 2026, Walapay Inc. raised USD 4. 6 million in seed funding led by Generative Ventures, with participation from Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, AAF Management, Jsquare, Knollwood Investment Advisory, Kronos Research, Contribution Capital, Reflexive Capital and Big Brain Holdings.
Other unspecified investors also participated in the round. Walapay provides multi-currency virtual accounts, global fiat and stablecoin payments, treasury solutions, and cross-chain/cross-rail transaction orchestration. Its API infrastructure also supports KYC/KYB, AML and transaction monitoring, payment collections, global payouts, and stablecoin on/off-ramping. Walapay generates revenue through its financial infrastructure and payment services, including cross-border payments, virtual account services, foreign exchange, settlement, treasury, stablecoin, collection, and payout services offered to businesses and platforms.
Specific pricing and revenue breakdowns are not publicly disclosed on its website. The September 2026 funding will support the company’s growth strategy by expanding its regulatory licensing coverage, deepening relationships with banking partners, and scaling its workforce.
Current Investors
Commerce Ventures, AAF Management, NGC Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.walapay.io/
Verticals
Blockchain, FinTech, FinTech, RegTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Walapay Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Seed | Completed | Walapay Inc. | - |
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