Apt Pay is a financial technology (FinTech) company established in 2017. It provides digital payment solutions and disbursements. The company was founded by Suganthan Vishnu Krisnarajah and Shams Syed.[1]

Apt Pay
Company typePrivate
IndustryFinancial Technology (FinTech)
Founded2017
FounderSuganthan Vishnu Krisnarajah (Kris), Shams Syed
Area served
Global
Key people
Suganthan Vishnu Krisnarajah (President, Executive Chairman), Shams Syed (CEO)
ServicesOnline Payment Processing, Digital Disbursements
Websiteaptpay.com

Overview

change

Apt Pay operates in the financial technology sector, offering services related to payment processing and digital disbursements. Its platform supports local and international money transfers across various industries.[2]

Security and Compliance

change

The company incorporates regulatory technology (RegTech) to address transaction safety and regulatory compliance.[3] This includes verification processes such as Know Your Customer (KYC), Anti-Money Laundering (AML) checks, and sanction screening. AptPay maintains continuous operational availability and implements security measures to safeguard transactions.[4][5]

References

change
  1. "AptPay and NRT Technology launch instant payout service". 2021-11-04. Retrieved 2024-09-12.
  2. https://goodmenproject.com/the-good-life/money-the-good-life/open-banking-digital-transformation-in-fintech-canadas-aptpay-revolutionizes-the-global-payment-industry/
  3. Olowookere, Dipo (2019-04-14). "TeamApt Obtains Switching Licence from CBN". Business Post Nigeria. Retrieved 2024-09-12.
  4. PYMNTS (2021-10-01). "AptPay, NRT Unveil smartSEND for Instant Casino, Gaming Payouts". PYMNTS.com. Retrieved 2024-09-12.
  5. Jackson, Tom (2019-04-18). "Nigerian fintech startup TeamApt secures CBN switching licence". Disrupt Africa. Retrieved 2024-09-12.