Walapay Raises $4.6M Seed

Walapay, based in New York, a company providing global payments infrastructure for account issuance, collections, FX, and payouts, has raised $4.6 million in seed funding. The company, which specializes in API-first cross-border payment solutions, is currently processing $2.5 billion in annualized total payment volume.

Investors

The funding round was led by Generative Ventures. Additional participants included Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, AAF, Jsquare, Knollwood, and Big Brain Holdings.

Walapay Use of Funds

Walapay plans to use the new capital to accelerate its licensing efforts, deepen banking partnerships, and expand its team as it scales its payment infrastructure across Latin America, Africa, and Asia.

About Walapay

Founded by brothers Tom and Dimitri Borgers, Walapay provides a comprehensive platform for enterprises, fintechs, and financial institutions to manage cross-border money movement. The company offers a single API integration that enables multi-currency account issuance, real-time fund repatriation, and payment processing across more than 180 countries.

Funding Details

Company Website: https://walapay.io

Company: Walapay
Raised: $4.6M
Round: Seed
Funding Date: October 1, 2026
Lead Investor: Generative Ventures
Additional Investors: Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, AAF, Jsquare, Knollwood, Big Brain Holdings
Company Website: https://walapay.io
Software Category: Fintech
Source: https://www.businesswire.com/news/home/20261001479192/en/Walapay-Raises-%244.6M-Seed-Round-to-Put-Global-Payments-on-Local-Terms