Storspay

A cross-border payroll and payout platform that moves USD to local bank accounts and mobile-money wallets in Africa, Latin America and Asia, addressing high wire fees, FX markups and 3-5 day SWIFT delays. It sells to North American small businesses and platforms with distributed teams, used by HR, finance and operations teams managing batch payroll for workers and vendors. It is positioned against bank wires and correspondent banking by offering same-day settlement at a 2% all-in fee with mid-market exchange rates and no intermediary banks.

Key features

• Same-day settlement to local accounts
• Mid-market exchange rate with one fee
• Batch payroll via single upload
• 26 corridors across Africa, LatAm, Asia
• REST Platform & Marketplace API
• MCP tool for AI agent payouts
• Escrow hold and release payouts
• Signed webhooks for state changes
• Sandbox and production API keys
• Business receipt per payment