Vopay, a Fintech Startup, Expands Presence in US and UK Markets

VoPay CEO Hamed Arbabi expressed the company’s profound dedication to innovation, inclusion, and the transformative power inherent in embedded financial services as it embarks on its European expansion journey. Arbabi emphasized that while the Canadian Technology Accelerators (CTA) program represents a crucial milestone, it merely signals the initial phase of VoPay’s ambitious endeavors across Europe.

Having been founded in 2014 by Arbabi, VoPay distinguishes itself as a trailblazing FinTech platform empowering businesses to seamlessly integrate financial services and payment functionalities into their existing applications, products, and services. Through its advanced API integration, VoPay facilitates electronic funds transfers, Interac e-Transfer for businesses, and Visa’s direct money transfer service, offering a comprehensive suite of financial solutions tailored to its diverse clientele.

By leveraging its extensive expertise and innovative technologies, VoPay is poised to expand its footprint into Europe, commencing with the United Kingdom. This strategic move underscores VoPay’s commitment to extending its reach and influence within the global financial landscape, fostering innovation and inclusivity in the domain of embedded financial services. As VoPay embarks on this transformative journey, Arbabi and the entire team remain steadfast in their mission to drive positive change and revolutionize the way businesses engage with financial services worldwide.

By teaming up with Cross River Bank, VoPay aims to leverage its embedded financial service platform to penetrate the European market effectively. This strategic move underscores VoPay’s commitment to scaling its operations beyond North America and tapping into new opportunities in the European financial landscape.

The partnership with Cross River Bank not only facilitates VoPay’s entry into Europe but also strengthens its position as a leading provider of innovative financial solutions. As VoPay embarks on its European expansion journey, it seeks to capitalize on emerging market trends and cater to the evolving needs of businesses and consumers in the region.

The Canadian Technology Accelerators (CTA) program marks the initial phase of VoPay’s European journey, providing valuable insights and resources for its expansion efforts. However, the partnership with Cross River Bank signifies a significant leap forward, enabling VoPay to accelerate its entry into the United States market. Cross River Bank’s expertise in embedded financial solutions and access to the US banking and payment network infrastructure will be instrumental in VoPay’s expansion strategy.

London, United Kingdom, has been identified as the focal point for VoPay’s European expansion endeavors. By leveraging the resources and opportunities offered by the UK FinTech branch of the CTA program, VoPay aims to establish a strong presence in the UK market. Participation in the CTA program will afford VoPay and other participants valuable guidance on navigating the UK market landscape, access to potential investment opportunities, and tailored mentorship from local industry experts.

With the support of the CTA program and the strategic partnership with Cross River Bank, VoPay is well-positioned to drive its expansion plans forward, both in Europe and the United States. These initiatives underscore VoPay’s commitment to seizing new growth opportunities and solidifying its presence in key international markets.

VoPay CEO Hamed Arbabi emphasized the company’s commitment to innovation, inclusion, and the transformative potential of embedded financial services as it embarks on its European expansion journey. Acknowledging the significance of the Canadian Technology Accelerators (CTA) program as a foundational step, Arbabi emphasized that it merely marks the initial phase of VoPay’s European adventure.

Established in 2014 by Arbabi, VoPay positions itself as a pioneering FinTech platform enabling businesses to integrate financial services and payment functionalities into their existing applications, products, and services. Leveraging API integration, VoPay facilitates electronic funds transfers, Interac e-Transfer for businesses, and Visa’s direct money transfer service, offering seamless and efficient financial solutions to its clientele. With its expansion into Europe, starting with the United Kingdom, VoPay aims to further extend its reach and impact in the global financial landscape, driving innovation and inclusivity in the realm of embedded financial services.