Pax2pay AB, established in 2019, is a digital payments provider specializing in streamlining payment processes for businesses, particularly in the travel sector. Their comprehensive platform offers solutions such as virtual card issuance, bank transfers, account creation, and invoice payments, enabling companies to convert payments from a cost center into a revenue stream, maximize working capital, enhance security, and streamline operations.

By leveraging Pax2pay’s services, businesses can pay suppliers instantly in their preferred local currencies, generate funding accounts in multiple currencies, and settle numerous invoices efficiently. The platform also provides in-depth insights into payments through an easy-to-navigate portal, facilitating better decision-making and operational efficiency.

As part of its strategic expansion plans, Pax2pay established a new legal entity, Pax2pay UAB, in Vilnius in July 2024 to strengthen its presence in the European market.