The industry of peer-to-peer mobile payment companies revolves around providing mobile money transfer services. These companies empower users with simple, secure, and instant financial transaction capabilities — right at their fingertips. The services range from sending and receiving money to paying bills and managing expenses. Companies such as SIA S.p.A. and Venmo are breaking down barriers in traditional banking, providing individuals with seamless money transfer solutions integrated with their regular banking systems. Trends indicate that the industry is headed towards more innovation, and we can expect to see the rise of sophisticated services that combine the convenience of mobile platforms with extensive financial management capabilities.


Top 23 Peer-to-Peer Mobile Payment Companies

1. SIA S.p.A.

  • Website: sia.eu
  • Headquarters: Milan, Italy, Italy
  • Founded: 1977
  • Headcount: 1001-5000
  • Latest funding type: Acquired
  • LinkedIn

Jiffy is a mobile money transfer service that allows customers to send money in real-time to beneficiaries who are also enrolled in the Jiffy service. The service is offered by various banks and can be accessed through a dedicated app or internet banking. Jiffy integrates with the user's bank account, ensuring secure transactions. The service is currently available to private users with a current account or IBAN-linked card.


2. Venmo

  • Website: venmo.com
  • Headquarters: New York, New York, United States
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Venmo is a money transfer service offered by PayPal, Inc. that allows users to send and receive payments easily. It offers a convenient way to split bills and settle up with friends for shared activities. Venmo also provides a platform for businesses to reach customers and grow their business. Additionally, Venmo offers features such as cash back rewards, cryptocurrency trading, and the ability to send and receive gifts.


3. Umniah

Umniah.com is a financial services company offering UWallet, a leading mobile payment solution in Jordan. With UWallet, users can easily and securely manage their financial transactions from their mobile devices, regardless of their telecom provider. The service is licensed by the Central Bank of Jordan and provides convenient options for paying bills, receiving salaries, and making international money transfers.


4. Velo

  • Website: velo.org
  • Headquarters: Bangkok, Bangkok, Thailand
  • Founded: 2018
  • Headcount: 11-50
  • LinkedIn

Velo.org is a company that offers a simple-to-use mobile application called Orbit, which provides a 'Scan-and-Go' model for P2P payments. It connects users' wallets to their assets in the Velo ecosystem, allowing quick fund transfers. Trusted Partners can access the benefits and services across the entire Velo ecosystem, resulting in lower fees, faster transactions, and broader coverage.


5. Ink Protocol

  • Website: paywithink.com
  • Headquarters: Santa Clara, California, United States
  • Founded: 2017
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Ink Protocol (XNK) is a decentralized payment and reputation system for peer-to-peer transactions. It allows trusted transactions on any platform without the need for a marketplace, using escrow and public reputation to remove uncertainty.


6. Kyshi

  • Website: kyshi.co
  • Headquarters: London, England, United Kingdom
  • Founded: 2020
  • Headcount: 11-50
  • Latest funding type: Non Equity Assistance
  • LinkedIn

Kyshi.co is a trusted global app that allows users to manage assets securely. With Kyshi, users can send and receive money, swap currencies, and pay bills conveniently and cost-effectively. The app offers multi-currency accounts for Africans, enabling seamless transactions at home and abroad. Kyshi also partners with major organizations worldwide, providing users with a wide range of features and benefits.


7. Payluy

Payluy Wallet is an e-wallet payment service institution in Cambodia's payments sphere. It offers P2P transactions, bill payments, currency exchange, and secure money transfers with layered security encryption.


8. HelloChat Technology Ltd.

  • Website: hellochat.com
  • Headquarters: Richmond, British Columbia, Canada
  • Founded: 2018
  • Headcount: 11-50
  • LinkedIn

HelloChat is a social payment platform in Canada that allows users to send and receive money from friends and family for free. It offers an encrypted, secure platform for quick and easy payment transfers.


9. KinerjaPay

  • Website: kinerjapay.co
  • Headquarters: Jakarta, Jakarta Raya, Indonesia
  • Founded: 2016
  • Headcount: 51-200
  • Latest funding type: Post Ipo Equity
  • LinkedIn

KinerjaPay is a global distribution service provider that offers an eCommerce platform and digital payment system. The company allows Bitcoin customers worldwide to purchase virtually anything on its platform, simplifying people's lives.


10. Payfriendz

  • Website: payfriendz.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2013
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Payfriendz.com is a digital wallet system that allows users to make transactions and send money to friends. It offers instant payment transfers with a simple interface and secure transactions.


11. Quikon

QuikOn, a fully tokenized payment system, enables people to transfer money from their accounts at any time to another account linked with a smartphone using a mobile number or virtual payment address (UPI ID).


12. Ame Digital

Ame Digital is a company offering digital financial services and solutions. They provide a range of services including online payments, money transfers, and financial management tools.


13. Neural Payments

  • Website: neuralpayments.com
  • Headquarters: Cincinnati, Ohio, United States
  • Founded: 2019
  • Headcount: 1-10
  • Latest funding type: Series A
  • LinkedIn

Connecting Financial Institutions to Payment Innovation


14. Alignet

Alignet is a technology and security company that provides solutions for electronic business and payment media operations. They specialize in secure treatment of e-commerce operations and payment media, offering authentication solutions based on the 3-D Secure protocol. They are pioneers in Latin America and offer services for Visa, Mastercard, and American Express. They also have expertise in mobile banking, electronic payment security, and digital transformation.


15. Wallyt

  • Website: wallyt.com
  • Headquarters: New Territories, Hong Kong, Hong Kong
  • Founded: 2018
  • Headcount: 201-500
  • Latest funding type: Seed
  • LinkedIn

Wallyt is a FinTech company dedicated to providing digital payment and open banking solutions. The company provides banks with scenario-specified Fintech solutions, equipping banks with solid tech-capability against rising FinTech competitors. Wallyt now serves more than 150 banks and financial institutions in over 60 countries and areas. Wallyt offers All-Inclusive Digital Payment Solution, including the Intergrated Payment Gateway, White-labal and customized eWallet Solution, Virtual Card Issuing Solution, Collect&Disburse, Cross-border Remittances, Digital Banking Solutions etc. For more information on Wallyt: www.wallyt.com Contact: info@wallyt.com


16. Cellum Group

  • Website: cellum.com
  • Headquarters: Budapest, Pest, Hungary
  • Founded: 2000
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Cellum Group is a leading provider of mobile payment solutions, offering convenient and secure payments via mobile devices. Their technology is used globally by financial institutions, mobile network operators, governments, and merchants.


17. TFOB (2021) Limited

  • Website: lynk.us
  • Headquarters: Kingston, United States
  • Founded: 2021
  • Headcount: 51-200
  • LinkedIn

Lynk.us is a digital payment platform that allows users to send and receive money instantly. It provides a convenient and secure way to manage finances without the need for a bank account or physical cash. With Lynk, users can top up their mobile phones, pay bills, and transfer money across the island with ease.


18. Payment Finder

Payment Finder works with a vast network of different brokers and payment processors globally. Each of our consultants is an expert in their area and has direct or indirect access to many merchant account providers or acquiring banks. There are no charges from our end, and we will find you the best payment processing company to fit your business needs. We will save your time, drive your costs down and help you navigate through the payment world.


19. Greater Vancouver Street Machines

  • Website: gvsm.ca
  • Headquarters: Burnaby, British Columbia, Canada
  • Headcount: 1-10

Online payments have made it possible for people to keep the economy going even if there were lockdowns in several areas in the world. The economy of many...


20. Aliant Payments

Aliant Payments is a payment processing company that offers a wide range of electronic payment solutions including credit card processing, debit card processing, online checks, and cryptocurrency payments. They provide robust and innovative integrations that are easy for developers to use. Aliant Payments aims to empower businesses with the technology to grow and succeed in the future.


21. Software Corporation International

Software Corporation International, celebrating its 27th anniversary this year, has always believed in the power of people and partnerships based on mutual respect. Since 1990, we have been providing high-quality, high-impact technical and management consulting services to the financial industry. From the beginning, our philosophy has been to provide our clients with the skills and knowledge of the most experienced and talented professionals in the marketplace and to exceed the expectations of our clients every day. We are proud in our outstanding level of client satisfaction. SCI's Payments Group is one of the world's largest and most experienced providers of CPCS and Payments Director expertise. For two decades, SCI has enjoyed a strong and mutually beneficial relationship with IBM.


22. Lopeer

Lopeer is a Blockchain Fintech Platform that enables you to perform peer-to-peer trading, and cross-border payments and access decentralised finance opportunities. Lopeer is a vehicle for mainstream crypto adoption by opening up DeFi capabilities such as crypto PoS, P2P Crypto exchange, cross-border payment, remittance and other financial services. We are building the first geolocation-enabled P2P exchange in the world that will bring financial inclusion to everyone.


23. BlockNewsAfrica

Learn, Earn, and Know About Cryptocurrency from the African Continent. Cryptocurrency and blockchain news by Africa for Africans: We provide the latest news, updates, and developments from the African continent. At the heart of this blog is the drive to educate new users on best practices and solutions to make their entry into the cryptocurrency ecosystem pain-free. Why Should You Read BlockNewsAfrica? *Over 10 Years of combined experience in cryptocurrency and blockchain technology among team members at BlockNewsAfrica. *We have writers based on the African continent. Our writers are spread across Ghana, Nigeria, and South Africa. *Get unique expert reactions and reviews on issues that matter to you.


Want to find more peer-to-peer mobile payment companies?


If you want to find more companies that offer secure, user-friendly mobile money transfer services you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


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  • Ownership: Which of these are private equity backed? Which are family-owned?
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...and a lot more!