Inpay A/S

E-money or payment institution · Copenhagen, Denmark

Inpay is a Copenhagen electronic money institution that moves money across borders for other businesses rather than running accounts for the public. Its Money Out product routes payouts through a bank network it calls its own, over SEPA Instant, SEPA and SWIFT, plus cash remittance through the Eurogiro postal network of more than 70,000 post office and post bank locations; Money In collects payments through open banking without cards. It says it handles over a million transactions a month with an average payout time under five minutes and a 99% completion rate. Its customers are financial services firms, iGaming operators, crypto payment companies, corporates and NGOs, and it is regulated by the Danish Financial Supervisory Authority under number 22008.

Legal name: Inpay A/S
Regulated by: Danish Financial Supervisory Authority (Finanstilsynet), DFSA number 22008
Licence confirmed: yes, on a regulator's own list
Website: www.inpay.com

Scores, 0 to 10

7.5On-ramp: buy crypto with fiat

Crypto exchanges and digital asset businesses are a named sector: Inpay collects fiat pay-ins for them over SEPA, SEPA Instant, SWIFT, Faster Payments and local rails in 200+ countries, 90+ on local rails. · source

7.5Off-ramp: crypto to fiat in a business account

It pays out exchange withdrawals in local currency 24/7 to bank accounts worldwide and markets itself as a way to reach bank accounts without payouts being blocked; it does not convert crypto itself. · source

7.0Crypto-friendly bank

Crypto payments is one of the five customer sectors Inpay names on its own home page, and the Danish FSA describes its business as covering both fiat and crypto payments for business customers. · source

6.5Fintech companies that need a partner bank

Financial services firms are the first customer sector Inpay names, and it sells them cross-border payout and open banking pay-in rails; it does not offer safeguarding accounts or BIN sponsorship. · source

6.0Europe (EU, EEA, Switzerland)

Danish electronic money institution number 22008 authorised as a payment institution across the EU, with SEPA and SEPA Instant as core rails, but it sells payout rails to businesses rather than EU business accounts. · source

6.0Cross-border payments, FX and multi-currency accounts

Payouts to more than 90 countries in what it says are more than 90 currencies, over SEPA Instant, SEPA, SWIFT and Eurogiro, averaging under five minutes with a 99% completion rate; no margin or price is published. One customer portal covering every Inpay currency with smart routing across the network, but no cash pooling, no hedging and no credit lines. · source

6.0High-risk verticals (iGaming, cannabis, adult, forex)

iGaming and crypto payments are two of the five sectors Inpay openly serves, but on 19 August 2026 the Danish FSA barred it from taking on new online gaming customers until it shows the AML breaches have stopped. · source

5.5Foreign-owned & non-resident companies

The Danish FSA describes Inpay's business customers as typically located outside Denmark and often outside the EU, so foreign ownership is normal, but no accepted-country list is published. · source

4.0Fast digital onboarding

There is no self-serve application and no published time to open: every route is a demo request through sales, and since 19 August 2026 the Danish FSA bars new online gaming customers entirely. · source

4.0Financial strength & stability

A licensed Danish e-money institution with over 180 staff and more than a million transactions a month, but it publishes no accounts or rating and took an AML injunction from its own regulator on 19 August 2026. · source

3.5Lowest fees

No price list exists on the site: the Money Out page carries no pricing at all and directs visitors to sales or a demo request. · source

3.5Online businesses: e-commerce and SaaS

Money In collects cardless payments through open banking and Money Out handles mass payouts, but there is no card acquiring, no marketplace payout product and no local collection accounts. No receiving accounts, cards, accounting integrations or financing for software companies; the product is a payout and pay-in rail sold to regulated firms. · source

3.5Customer satisfaction

No usable review data exists. The Trustpilot profile is unclaimed with two reviews, and Inpay sells to businesses, so it has no consumer app rating either. · source

3.0Startups & VC-backed companies

The product is sold through a sales team to regulated businesses and NGOs; there is no startup programme, no pre-revenue path and no financing. · source

2.0Best interest on business balances

As an electronic money institution Inpay safeguards client funds and publishes no yield, savings or treasury sweep product. · source

2.0Trade, manufacturing & import-export

No letters of credit, guarantees, documentary collections or supply chain finance; the offer is payouts and pay-ins only. · source

1.0Business cards (Visa, Mastercard)

No debit or credit card is offered; Money In is explicitly a cardless pay-in method and Money Out is a bank and postal payout rail. · source

1.0Crypto wallet and custody for a business

Inpay is a Danish FSA-regulated e-money institution moving fiat only; its crypto payments page offers pay-ins and payouts, not crypto holding or custody, checked September 2026. · source

1.0Accept crypto payments

Inpay handles fiat pay-ins for crypto businesses but offers no crypto or stablecoin acceptance at checkout, checked September 2026. · source

1.0Bitcoin

No bitcoin buying, holding or transfer is offered; Inpay handles fiat legs only, checked September 2026. · source

1.0Ethereum

No ether or token service is offered; Inpay handles fiat legs only, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

Its site discusses stablecoins in articles but lists no stablecoin accounts, payouts or conversion as a product, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.