The peer-to-peer payment apps industry encompasses a broad range of companies committed to simplifying money transfers. These enterprises offer digital-based services that conveniently connect users, allowing them to instantly send and receive money using mobile devices. Benefiting from technological advancements, they integrate features such as smart contracts, blockchain banking, and asset tokenization, where appropriate. Moreover, some provide added functionality such as cash back rewards and cryptocurrency trading. Even as these companies facilitate everyday transactions, they pave the way for potential innovations, possibly transforming future banking practices. The field is expected to continue its upward trajectory as more people opt for digital financial transactions due to their speed and convenience.


Top 26 Peer-to-Peer Payment Apps Companies

1. Stabila

  • Website: stabilascan.org
  • Headquarters: Kingstown, Saint Vincent and the Grenadines
  • Founded: 2020
  • Headcount: 11-50
  • LinkedIn

STABILA is a blockchain technology company, offering asset tokenization, smart contracts, blockchain banking, and payment gateway services.


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. Egen

  • Website: egen.solutions
  • Headquarters: Naperville, Illinois, United States
  • Founded: 2000
  • Headcount: 201-500
  • LinkedIn

Egen.solutions is a cloud engineering and data company that partners with startups and enterprises to develop digital applications, modernize data infrastructures, and create conversational interfaces using machine learning and AI.


4. Rapipay Fintech Private Limited

RapiPay is the fastest-growing assisted payment services company in the Indian fintech Industry and is a PPI Licensed holder from RBI. RapiPay operates through its Direct Business Outlets (DBOs) serving millions of Indian consumers with financial inclusion services like AEPS, Micro ATM, Domestic Money Transfer, Utility Bill Payments, Insurance etc. RapiPay is a subsidiary of Capital India Finance Limited (CIFL) which is a public listed company and is a leading name in NBFC. RapiPay drives financial inclusion across the country with the help of a PAN-India network of 6 lakh+ DBOs delivering over 3 crore transactions monthly. We are proud to have served more than 10 crore unique customers so far.


5. 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.


6. Developer Circles from Facebook

Developer Circles is a program from Facebook. Developer Circles is a global network of local communities created by developers, for developers. Join your local Circle to attend meetups, collaborate in Facebook Groups, and learn through trainings and access to the latest technologies from Facebook. Find a circle: developers.facebook.com/developercircles/find Facebook link: facebook.com/DeveloperCircles/


7. Onix-Systems

  • Website: onix-systems.com
  • Headquarters: Kropyvnytkyi, Kirovohrads&S;Ka Oblast&S;, Ukraine
  • Founded: 2000
  • Headcount: 201-500
  • LinkedIn

Onix Systems is an offshore software development company that delivers outstanding results and excellent customer service. They help startups mature and make enterprises stronger by providing dedicated teams for web and mobile app development, Salesforce development, VR/AR, UI/UX design, and more.


8. Sadad Informatics Corporation

  • Website: sadad.co.ir
  • Headquarters: Tehran, Tehran, Iran (Islamic Republic of)
  • Founded: 1999
  • Headcount: 501-1000
  • LinkedIn

Sadad Informatics Corporation, while striving to strengthen and maintain its leadership position in the IT industry special in banking sector, is proud to be the executive arm of the world's largest Islamic banking institution, Bank Melli Iran, in providing digital services to various segments of society.


9. Yoyo

  • Website: yoyogroup.com
  • Headquarters: Cape Town, Western Cape, South Africa
  • Founded: 2007
  • Headcount: 51-200
  • Latest funding type: Series A
  • LinkedIn

Yoyo Group is a bank card linked SMB aggregator platform that offers a custom branded payment, ordering, and loyalty app. They provide rewards from over 15,000 stores and a mobile payment and loyalty solution. With their innovative dashboard, businesses can engage with customers, grow their database, and gather valuable user feedback.


10. Argus Advisory | Research

Argus Advisory Research is a market-leading online, interactive database covering the global credit cards and payments industry in detail, plus a range of data-packed country and regional reports.


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. Avinode Group

Avinode Group provides essential products and solutions for the business aviation industry, revolutionizing the way it operates. Their suite of tools helps customers fix every detail of their trips and offers efficient and comprehensive fleet management, scheduling, and payment processes. With their extensive database and APIs, customers can easily search for aircraft, inquire about them, and submit real-time requests. Avinode Group aims to enhance the business aviation experience and empower customers to focus on running their businesses.


13. invoitix ag

  • Website: invoitix.com
  • Headquarters: Baden, Switzerland, Switzerland
  • Founded: 2018
  • Headcount: 51-200
  • LinkedIn

Invoitix is a financial services company that specializes in delivering reliable invoice financing for road transportation companies. They provide fast and simple financing solutions, allowing businesses to receive payments for their invoices within 48 hours. Invoitix also offers fuel card services, allowing businesses to check the quality of customers before accepting loads from them.


14. Planning Center

Planning Center offers a set of software tools to help churches and ministries organize information, coordinate events, communicate with teams, and connect with congregations.


15. PT Fintek Digital Indonesia

  • Website: kredito.id
  • Headquarters: Jakarta Selatan, Dki Jakarta, Indonesia
  • Headcount: 51-200
  • LinkedIn

Kredito is a technology-based financial services company providing online installment loans without collateral. They offer loans for various customer groups, such as employees, students, and businesses, with repayment options ranging from 3 to 12 months. The company operates through their official website and mobile applications available on Google Play Store and App Store.


16. Imagr

  • Website: imagr.co
  • Headquarters: Auckland, Auckland, New Zealand
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Seed
  • LinkedIn

Imagr.co is a company that offers retailers and brands an API framework to integrate imaging and registration of their products. With Imagr, retailers can simplify their product database management, provide personalized information to customers, and improve customer satisfaction. The company provides a modular system that automates product registration and improves shopping experiences for both retailers and customers. Imagr.co aims to revolutionize shopping by offering a seamless and efficient checkout process without the need for barcodes or waiting in line.


17. 10decoders

10decoders is a full-stack custom software development services company in Chennai. We adhere to the GOLD standard when choosing our framework and aim to deliver high-quality solutions that exceed customer expectations.


18. Broadway Infotech

Broadway Infotech is a web development and design company that helps businesses create a strong online presence through custom website designs and engaging content. They offer services such as static websites, CMS websites, mobile websites, eCommerce websites, and Facebook websites. They also provide web hosting solutions, including domain name registration, transfer, and renewal. With their expertise in web application development, Broadway Infotech helps businesses restructure and simplify their web applications. They cater to a wide range of industries and aim to deliver reliable and robust solutions.


19. Coges S.p.A.

  • Website: coges.eu
  • Headquarters: Schio, Vicenza, Italy
  • Founded: 1977
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Coges is a provider of cashless payment systems for vending machines. They offer tiered pricing, accurate accounting data, and the ability to set bonuses and promotions to retain customers. Their systems use Mifare and Legic technologies or their own encrypted proprietary system. They also offer the Pay4Vend app for smartphone purchases. Coges ensures data security through encryption and dedicated servers. They have been designing electronic payment systems since 1977 and are known for their versatile change giver coin mechanisms.


20. Found

  • Website: found.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2019
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Found is a financial technology company that offers small business banking services for freelancers and self-employed individuals. With Found, users can easily manage bookkeeping, generate invoices, and receive real-time information on taxes. The company provides a user-friendly app available on iOS, Android, and desktop.


21. Afixi Technologies Pvt. Ltd.

  • Website: afixi.com
  • Headquarters: Bhubaneswar, Orissa, India
  • Founded: 2002
  • Headcount: 51-200
  • LinkedIn

Afixi is a web development company specializing in payment processing, HTML5 CSS, and content management systems. They offer quality service, timely delivery, and extensive analysis. They develop applications in-house and provide regular reporting and client involvement. Testimonials highlight their outstanding work and professionalism.


22. Callibrity

Callibrity is a software development company that specializes in custom software development, cloud consulting, and digital transformation. With a team of skilled technologists, they solve complex problems, develop technical strategies, and deliver high-quality software solutions. They have expertise in industries such as eCommerce, financial services, healthcare, insurance, manufacturing, mobility services, payments, retail, and utilities.


23. Lightpoint Global

Lightpoint Global is a cross-platform mobile development company that offers mobile security apps, cloud/on-premise infrastructure services, web development, software testing & automation, and cloud consulting. They provide strategic guidance for Azure, build custom tools on Azure, and offer migration to Azure or hybrid solutions. Their expertise includes IT consulting, UI/UX design & animation, and DevOps services. They cater to various industries such as publishing, healthcare, fintech, and martech.


24. CodeIT

  • Website: codeit.us
  • Headquarters: Kharkiv, Kharkiv, United States
  • Founded: 2007
  • Headcount: 51-200
  • LinkedIn

CodeIT is a software development company that offers custom web and mobile development services, including native iOS and Android applications. They specialize in building fast-loading and secure SaaS solutions that can be easily integrated with third-party services. With expertise in industries such as healthcare, fintech, e-learning, and e-commerce, CodeIT helps businesses meet their digital transformation goals.


25. PiHub

  • Website: pihub.biz
  • Headquarters: Ikeja, Lagos, Nigeria
  • Founded: 2021
  • Headcount: 201-500
  • LinkedIn

PiHub is a third-party utility Ecosystem on top of the Pi Network


26. Flentas

  • Website: flentas.com
  • Headquarters: Pune, Maharashtra, India
  • Founded: 2016
  • Headcount: 51-200
  • LinkedIn

Flentas is a technology partner that offers enterprise application design, development, and infrastructure management on AWS Cloud and Azure Platform. They provide contactless open loop payment products and IoT solutions. They also offer services like big data consulting, cloud migration, and DevOps. Flentas has expertise in cloud-native development, gaming industry solutions, and cloud managed services.


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


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