Instant multi-currency payouts for global contractors—no FX fees eating profits.
Remote teams struggle with payroll fintech solutions lacking seamless integration for global contractors, resulting in compliance issues and payment errors.
PayoutSwift handles payments in 140+ local currencies with real-time rates and zero hidden fees. It predicts and prevents payment errors via smart routing to cheapest providers. Remote teams pay accurately and on-time, boosting contractor satisfaction.
Payroll and HR managers of remote-first companies hiring global contractors
Dynamic payment routing engine that splits payouts across providers for lowest cost.
friendly
Send payments in contractor's local currency
Pre-checks bank details and flags bounce risks
Shows live FX rates from multiple providers
Pay 100+ contractors simultaneously
Auto-collects and stores payment proofs
Dashboard of savings vs bank wires
Monthly auto-payouts
Real-time payout notifications
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| text | No | |
| stripe_customer_id | text | Yes |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| user_id | uuid | No |
| name | text | No |
| currency | text | No |
| bank_account | text | Yes |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| contractor_id | uuid | No |
| amount_usd | int | No |
| amount_local | int | No |
| status | text | No |
| fee | int | Yes |
| completed_at | timestamp | Yes |
Relationships:
/api/contractorsCreate contractor
/api/payouts/validatePre-validate batch
/api/payouts/batchExecute payouts
/api/ratesFetch live rates
/api/payoutsList user payouts
$1000/mo volume
$50k/mo volume
None
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 120 | 3% | $90 | $1,080 |
| Month 6 | 900 | 9% | $2,025 | $24,300 |
Zero FX headaches—smart routing saves 2-5% on every payout.
Share in Indie Hackers payments thread with free credits; Cold email 30 remote companies from AngelList; $50 Twitter ads to #remotework payroll pains.
Low FX
No batch/error prediction
Automation + routing for teams
Mass payments
Expensive, slow
Affordable self-serve
Routing algorithm improves with usage data, network effects via volume discounts.
Freelance economy exploding, crypto/FX volatility demands better tools.
Provider API downtime
Multi-provider redundancy
High Stripe fees erode margins
Pass-through + volume deals
Commodity pricing pressure
Value-add predictions
Success: Fees/errors top complaints
Success: 95% success rate
Success: 3% conv
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