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About SterloxPay

We built the bank
we wished existed.

SterloxPay started as a simple frustration with slow transfers and confusing fees — and grew into a digital bank trusted by millions to move money the right way.

18.5M+
Active customers worldwide
120+
Countries supported
10+
Years in digital banking
0.1%
Average transfer fee
SterloxPay founding story photo
Story Photo · assets/images/about/our-story.jpg · ~700×460px
Our Story

From a side project to a trusted name in digital banking.

In 2014, two engineers were sending salaries to contractors in three different countries. Each transfer cost between $18 and $45 in fees, took up to five business days, and arrived at an exchange rate nobody told them upfront. They wrote the first version of SterloxPay on weekends.

By 2017, the platform had processed its first million transfers. By 2020, it had crossed 10 million customers. Today SterloxPay operates in 120+ countries and is regulated in 14 jurisdictions — but the problem we're solving hasn't changed.

We move money the way it should have worked all along: instantly, transparently, and without punishing you for crossing a border.

See what we offer
Our Journey

A decade of quiet progress.

We didn't chase headlines. We fixed the product, built trust one transfer at a time, and let customers do the talking.

2014

First transfer sent

Beta launched with 200 invited users. First cross-border transfer settled in 4 seconds — three days faster than the wire it replaced.

2016

First regulatory licence

Awarded an Electronic Money Institution licence in the EU, establishing the compliance foundation the platform is built on today.

2018

1 million customers

Crossed the milestone without a single paid ad. Word of mouth from satisfied senders was — and still is — our primary growth channel.

2021

Full digital accounts launched

Expanded from transfers into full checking and savings accounts, virtual cards, and a multi-currency wallet available in 80 countries.

2024

18.5 million customers

Now operating in 120+ countries with local bank partnerships in 14 jurisdictions and same-day settlement in 60+ corridors.

By the numbers
Total transferred $142B+
Avg. fee saved vs. bank $23.40
Avg. transfer speed 9 sec
Uptime (rolling 12 months) 99.98%
Trustpilot rating 4.8 / 5
What Guides Us

Three things we don't compromise on.

Banking is built on trust. These aren't marketing words — they're the rules our engineers, compliance team, and support staff operate by every day.

01

Transparency

Every fee is displayed before you confirm a transaction. The exchange rate you see is the rate you get. No markups, no hidden charges, no surprises on your statement — ever.

02

Speed

Transfers settle in seconds, not days. We don't believe your money should sit in a queue waiting for a batch process to run at 9 AM on a Tuesday.

03

Security

256-bit AES encryption, biometric authentication, real-time fraud detection, and a full team of risk analysts watching the network around the clock — every day of the year.

Leadership

The team behind the product.

A mix of fintech veterans, engineers, and compliance specialists who've spent careers fixing the problems traditional banks ignored.

DM

Daniel Mercer

Co-Founder & CEO

Former payments lead at a top-five global bank. Built SterloxPay to solve problems his own employer wouldn't.

AK

Anika Krishnan

Co-Founder & CTO

10 years building real-time payment infrastructure at scale. Holds three patents in distributed ledger settlement.

RO

Rafael Oduya

Chief Compliance Officer

Regulatory specialist with licences secured in 14 jurisdictions across Europe, Africa, and North America.

SL

Sophie Laurent

Chief Product Officer

Led consumer product at two unicorn fintechs before joining SterloxPay to rebuild the account experience from the ground up.

In the Press

What people are writing about us.

Financial Times
SterloxPay has done what most fintechs only promise — it has actually made cross-border transfers cheaper and faster for ordinary people, not just businesses.
June 2024
TechCrunch
The platform's real-time settlement infrastructure is legitimately impressive. The nine-second average transfer time isn't a marketing claim — we timed it ourselves across six corridors.
March 2024
Forbes
Where competitors build features, SterloxPay has built trust. A decade of no hidden fees and no data breaches is a harder thing to replicate than any product roadmap.
January 2024

Recognition & Awards

Best Digital Bank Fintech Awards 2024
Most Trusted Neobank Global Banking Review 2023
Top 10 Fintechs to Watch Forbes 2023
Excellence in Compliance RegTech Insight 2022

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