Novopayment Overview

Novopayment is a cloud-based, API-first Banking-as-a-Service (BaaS) and payment gateway platform. It provides complete solutions for digital banking, card issuance, and payment acceptance. Targeted at financial institutions, fintechs, neo-banks, and large merchants, Novopayment helps businesses create modern, scalable financial systems throughout the Americas.

Key Benefits

1. Modular and Scalable Architecture

Novopayment uses microservices and a serverless, event-driven setup. This design offers real-time performance, horizontal scalability, and high availability. Businesses can expect up to 99% faster transaction approvals, near-instant settlement, and eight times the processing capacity compared to older systems.

2. Developer-Friendly API Suite

The platform offers a wide range of RESTful APIs for card issuance, acquiring, wallets, tokenization, real-time payments, fraud detection, and more. Developers can access sandbox environments to quickly build and test solutions, which supports fast integration and ongoing deployment.

3. Complete Payment and Card Services

Novopayment provides a full range of services, including:

• Card Issuance (Novo Card): Support for virtual and physical cards in debit, credit, and prepaid formats. This includes BIN sponsorship, 3-D Secure (3DS), push provisioning to digital wallets, and fraud/risk scoring.
• Payment Acceptance: This enables e-commerce and point-of-sale transactions, as well as merchant-presented QR payments. The gateway connects to global payment networks and supports various acquiring channels.
• Real-Time Money Movement: This includes push and pull payments, peer-to-peer (P2P), account-to-account (A2A) transfers, and reversals. It supports programmable money flows across networks like Visa and Mastercard.

Core Modules

Novo Flux – Payment Switching Engine

Novo Flux is a cloud-native payment switch that routes transactions across multiple acquiring channels. It provides high throughput, low latency, and full redundancy. This makes it ideal for high-volume businesses that value reliability and flexibility.

Novo Flow – Correspondent Banking Integration

Novo Flow connects financial institutions through a digital network that enables interoperable, real-time fund transfers. It supports both closed-loop and open-loop transactions, making cross-border payments easier.

Novo Spend – Expense & Wallet Management

Novo Spend allows businesses to issue prepaid corporate cards and manage employee expenses with complete control and transparency. It offers wallet loading, spending controls, transaction categorization, and real-time reporting.

Novo Credit – Lending & Servicing Platform

Novopayment provides a lending module that includes origination, servicing, collections, and account management for various credit products. Businesses can automate their credit processes while ensuring compliance and maintaining operational control.

Security & Compliance

Novopayment adheres to industry-leading security and compliance standards. Key certifications and capabilities include:

• PCI DSS compliance for secure handling of cardholder data

• ISO 27001, 27017, and 27018 certifications for information security and cloud environments

• SOC 1 and SOC 2 reports for operational transparency

• AML-as-a-Service solutions for financial crime prevention

Additionally, the platform supports tokenization, real-time risk scoring, customizable fraud rules, and authentication mechanisms like 3-D Secure and advanced access control systems.

Global Reach & Strategic Partnerships

Novopayment operates across more than 14 markets, including the United States, Latin America, and the Caribbean. It holds strategic partnerships with global card networks such as Visa and Mastercard and provides BIN sponsorship for rapid card program deployment.

The company recently raised $19 million in Series A funding to expand operations, enhance product development, and grow its presence in key fintech hubs including Miami, Austin, and San Francisco.

Ideal Use Cases

Novopayment is well-suited for:

• Neo-Banks & Fintech Startups: Launch digital-first banking services and full-featured card programs in weeks

• Enterprise Merchants & Marketplaces: Enable payouts, customer wallets, and embedded payment functionality

• Traditional Financial Institutions: Modernize legacy infrastructure with agile APIs and middleware solutions

• Spend Management Platforms: Deploy prepaid card tools and real-time expense tracking with minimal development overhead

Why Choose Novopayment?

Rapid Go-To-Market

Novopayment helps businesses reduce time-to-market by offering modular tools and pre-certified integrations. Launch a compliant card or payment solution in a matter of weeks.

Modular Flexibility

Add or remove features as business needs evolve. Whether your organization requires embedded wallets, QR payments, foreign exchange, or credit products, Novopayment allows flexible scaling via APIs.

High Performance & Reliability

With low-latency architecture and real-time transaction processing, Novopayment ensures that financial operations remain efficient and responsive under heavy loads.

End-to-End Capabilities

Unlike fragmented providers, Novopayment delivers a unified platform encompassing card issuing, payment acceptance, money movement, spend controls, switching, and credit.

Trusted Ecosystem

With certified partnerships, regulatory alignment, and a proven track record, Novopayment enables businesses to scale confidently across diverse regions and verticals.

Conclusion

Novopayment stands out as a powerful, cloud-native payment gateway and BaaS platform tailored to the needs of modern financial institutions, fintech startups, and enterprise merchants. Its comprehensive toolset, performance-driven architecture, and commitment to regulatory excellence make it a compelling choice for businesses looking to innovate in the payments space.