Regulation and Compliance
June 25, 2025
Payall Payment Systems, the world’s first provider of end-to-end infrastructure that enables financial institutions to offer institutional-grade, safe, fast, low-cost, transparent and inclusive cross-border payments for B2X, P2X and G2X use-cases, has selected Ventura Capital to lead their Growth Round raise.
With this new capital, Payall will accelerate its connections with global payout partners, sales to originating institutions, correspondent banks, and regulators, as well as further distinguish its breakthrough counterparty risk management, multi-jurisdictional compliance automation, and AI deployment.
Gary Palmer, founder and CEO of Payall, notes, “As a repeat founder of successful banktech companies, having financial sponsors who understand the challenges and rewards of building software used by banks and other regulated entities is critical. Mo not only gets the big idea we’re powering, but his trusted financial institution network is extraordinarily valuable to me and Payall.”
As noted, part of the investment is earmarked to expand the sales team in order to respond to growing awareness at originating institutions that they can compete and win in cross-border payments with Payall. With regard to correspondent banks, Gary Palmer adds, “our tech enhances their capabilities that work, but uniquely addresses serious problems that drive fear and friction—we’re a correspondent bank and their regulator’s best friend”.
Mo El Husseiny, managing partner of Ventura Capital, noted, “Ventura Capital is thrilled to lead this investment and contribute more than capital to Payall’s differentiated technology that every financial institution needs to safely and efficiently address the complex and growing cross-border payments market—either as originator, correspondent bank or intermediary bank. We are particularly excited by the recognition among central banks, including being featured on the United States Federal Reserve’s FedNow Marketplace, and global regulators that Payall’s software is a breakthrough in managing counterparty risk and compliance obligations.”
This funding builds upon the previous funding from a16z, Motivate Venture Capital, Thomson Reuters, Presidio Ventures/Sumitomo Corporation, RRE, and high-net-worth banking and fintech industry leaders, including PS27.
About Payall. Founded in 2018 and based in Miami Beach, Florida, Payall is the world’s first provider of infrastructure for financial institutions to make cross-border payments safe, efficient, transparent and inclusive. Inspired by first principles, the company developed proprietary technology for an end-to-end, modular suite of capabilities that elevate and harmonise counterparty risk management, digitise multi-jurisdictional compliance workflows, intelligently orchestrate multi-currency and payout channels globally, deliver unprecedented consent-managed transparency, and enable real-time transaction surveillance and intervention. Correspondent banks, the backbone of cross-border payments, have declined by 25% over the past decade under the weight of investigations, fines, and excessive costs, and face pressure to exit. However, Payall’s purpose-built software now overcomes these challenges. Additionally, Payall’s technology facilitates easy and low-cost access to alternatives or complements to correspondent banking, such as Mastercard Move, creating previously unattainable possibilities for originating institutions. By partnering with Payall, regulated financial institutions worldwide can quickly, securely, and seamlessly implement and execute cross-border payments, enabling market-specific opportunities for financial institutions to compete with or drive fintech solutions. www.payall.com
Founded in 2012, Ventura is a global investor in fast-growing technology companies which are approaching a public market exit. Previous investments total approximately $1 billion into companies such as Upgrade Inc., Coursera, Spotify, Zilch and Tekever. Ventura’s realised IRR stands at 61% across 14 years, representing an average exit multiple of 3.5 times the initial investment with an average investment hold period of 3.5 years. Ventura offers its investments to its institutional and family office LPs on a deal-by-deal basis with no annual management fees. www.ventura.ae
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