NovaPay

The problem

Small exporters lose 3–5% of every invoice to bank transfer fees and wait up to a week for money to arrive from overseas buyers.

The solution

NovaPay gives exporters local receiving accounts in 14 currencies and settles to their home bank the same day, for a flat 0.6% fee.

Who it's for

Exporters and online sellers with $200k–$20M in yearly cross-border sales.

Market

Bottom-up: about 30,000 customers like this in United States and nearby, worth roughly $80 million a year at our prices.

Competition and edge

Headline metric

48,000 active users, growing 8% a month

The team

Sarah knows the customer and has sold to them before; Marcus has built this kind of system at scale. We have worked side by side since before NovaPay had a name.

Worked together

6–12 months

Hiring

A senior engineer and our first customer-success hire.

About the founder

Sarah Mitchell

Founder & CEO · New York, United States · 5 years of experience

Sarah ran cross-border payments at a remittance company for seven years. Started NovaPay in 2023 and works on it full-time from New York.

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