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Hyperwallet logo — Growing organizations with a frictionless, transparent, and...

Hyperwallet

Growing organizations with a frictionless, transparent, and reliable way to send payments almost anywhere in the world

Founded 2000 United States San Francisco, United States 55 employees Acquired Total: $400.00M E-Commerce, Finance +2

General Information

Company Name Hyperwallet
Founded Year 2000
Location United States San Francisco, United States
Employees 55
Industries E-Commerce, Finance, Fintech +1
Funding Stage Acquired
Business Model B2B, SaaS, API
Revenue Model Transaction Fee, Service Fee, Usage Based
Social

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About Hyperwallet

Hyperwallet, founded in 2000, operates in the Fintech, Payments, Finance, and E-Commerce industries. It offers a compelling value proposition with its mission to provide organizations a frictionless, reliable global payment distribution. With sophisticated online and mobile payments technology, Hyperwallet equips businesses with tools for a fast, efficient, and transparent funds dissemination process.

The company delivers a unique global payout platform that facilitates localized, multi-currency distribution through SaaS and REST API integration. These features are significant for companies seeking robust payment solutions. The platform includes systems monitoring, maintenance management, payee support, and compliance with KYC/AML regulations.

Headquartered in the United States, Hyperwallet last attracted a notable $400.00M acquisition investment from PayPal on 01 June 2018, marking a strong endorsement by a global payments leader.

Business keywords: Global Payment Platform, Multi-Currency Distribution, SaaS Payment Solutions, REST API Integration, KYC/AML Compliance, Contractor Payments, Supplier Payments, Reseller Payments, Mass Payment Options, Prepaid Card Solutions, Check Delivery Services, Cash Pickup Services, Virtual Prepaid Cards, Tax Reporting Solutions, Financial Technology

Services & Products

Mass payment distribution
Cross-border financial transactions
Customized payout solutions
Payment sending technology
Developer integration tools

Target Customers

Contract workers Freelancers Marketplace sellers Claimants Businesses (small to large enterprises) Financial operations teams

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition $400.00M 1
PayPal
01 Jun 2018
Late VC Undisclosed 2
Raymond James
Raymond James, Primus Capital Partners
01 Jun 2014

Latest News

View All
PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone — Cnbc
PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
Cnbc Feb 24, 2025

Hyperwallet Alternatives & Competitors

Hyperwallet vs
Send Payments
Send Payments Australia

Seamless cross-border payments provider for individuals, businesses, and enterprises

Series B
67 employees
Financial Services, Fintech
Compare Hyperwallet vs Send Payments
Hyperwallet vs
PayDo
PayDo United Kingdom

Multicurrency IBAN, Cards, Checkout, Mass Payments - All in One Dashboard

Seed
99 employees
Hyperwallet vs
PayTic
PayTic Canada

The only SaaS Program Management solution for all Card Issuers

Non Equity Assistance
22 employees
Financial Services, Fintech
Also compare with: Hyperwallet vs Rapyd Rapyd

FAQ About Hyperwallet

Growing organizations with a frictionless, transparent, and reliable way to send payments almost anywhere in the world
Hyperwallet was founded in 2000.
Hyperwallet is headquartered in San Francisco, United States.
Hyperwallet operates in E-Commerce, Finance, Fintech and Payments. Its work centres on Global Payment Platform, Multi-Currency Distribution, SaaS Payment Solutions and REST API Integration. Its customers include Contract workers, Freelancers and Marketplace sellers.
Hyperwallet has a B2B, SaaS and API business model. Its revenue comes from Transaction Fee, Service Fee and Usage Based.
Hyperwallet has approximately 55 employees.
Hyperwallet has completed 2 funding rounds, raising a total of $400.00M. The latest funding stage is Acquired.
Hyperwallet offers: Mass payment distribution, Cross-border financial transactions, Customized payout solutions, Payment sending technology, Developer integration tools.
Top alternatives and competitors to Hyperwallet include Send Payments, PayDo, PayTic, ininal, Rapyd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hyperwallet and Send Payments are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hyperwallet, https://bouncewatch.com/company/hyperwallet, updated 8 January 2026. When citing, please name BounceWatch and link this page.

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