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10 Best FinTech Companies to Watch 2020

Yapstone– Furnishing online and mobile payment solutions for global marketplaces and software platforms


With modern technology and innovative software, your business has almost no limits. Even a small souvenir shop in the countryside can go global thanks to a website, eCommerce platform, or payment processing software solutions. But one of the most significant challenges with internet sales is accepting payments. Though it sounds like no big deal, transferring money requires a complicated FinTech solution, combining multiple solutions into a single payment processing platform.

Yapstone is one such firm that is a provider of online and mobile payment solutions for global marketplaces, software, and large vertical markets, powering electronic payments for sharing economy platforms. The firm processes billions in annual payment volume and has been recognized on the Inc. 5000 list of Fastest-Growing Private Companies for eleven consecutive years, as well as San Francisco Bay Area's Best and Brightest Company to Work For by the National Association for Business Resources.

Yapstone's Products: End to End Payments, one integration

Yapstone Pay in

It supports its customers to pay in preferred ways, on a global scale. The advantages of Pay in are;

Flexible payment methods: Accept all popular payment methods, including all major credit cards, e-wallets, ACH, check-scanning, and cash, by phone, mobile app or text.

Revenue optimization: Accelerate revenue growth by leveraging risk expertise and models that offer industry-leading authorization rates.

Customers pay their way: Maximize conversions by giving customers the ability to pay their way, whether it's facilitating recurring payments, setting up auto-pay or splitting the pay-in across multiple line items.

Loyalty programs: Integrate loyalty and points programs to enable payments.

Yapstone Pay Out

Yapstone makes the payout process effortless and efficient. It also helps in revenue sharing opportunities from foreign exchange and advanced payments. Marketplace participants get paid faster by receiving funds at the time of booking instead of waiting for the service date. Platform owners create more loyalty and preference for their platform and unlock new sources of income through revenue sharing. It enables customers to make payouts worldwide, in the currencies, they require, with favorable exchange rates in more than 170 countries.

Yapstone Onboarding

It provides automated onboarding at scale with full verification. 95% of their vendors are approved within three seconds. Progressive onboarding facilitates ease of use, preventing seller drop-off due to lengthy onboarding processes. The right mix of high performing APIs and email and SMS-enabled document upload capabilities make onboarding quick and seamless. It also has a specialized feature that is fully automated verification of individuals and businesses, including KYC, AML sanctions screening, and identity verification.

Yapstone Risk

It acts as the tools to detect and prevent fraud before it happens, and successfully resolve disputes if it does. Risk engines powered by machine learning and algorithms help further reduce fraud risk by enabling signals analysis that includes device fingerprinting and proxy detection. Powerful anti-fraud tools like step-up authentication and AVS and CVV checks help detect and combat fraud.

The gallant leader behind the glory of Yapstone

Tom Villante is the co-founder, Chairman and also serves as the Chief Executive Officer of Yapstone. In 1999, he founded YapStone with the simple goal of converting bills commonly paid by paper check into online electronic payments. Today, the company processes over $18 billion in online and mobile payments and has raised over $110 million in the capital. Mr. Tom leads the strategic vision, operational execution and global expansion of the company. With his experience and expertise in the FinTech industry, he is focused on positioning YapStone's innovative and proprietary payments platform to meet the needs of global marketplaces and large vertical markets.

Tom was a Partner at The Seidler Company, a private equity firm, and an investment banker with S.G. Warburg (now UBS) and William E. Simon & Sons. In addition to his role at YapStone, Tom is a member of the Young Presidents' Organization (Santa Monica Bay) and has served on the Boards of local schools and charitable organizations. With 20 years of entrepreneurial experience, he is an active angel and real estate investor, frequent speaker at FinTech and Leadership conferences as well as a contributing writer to notable business publications. Tom earned a Bachelor's Degree from Princeton University.

"Yapstone's flexible, scalable payments platform is designed to work the way you do. It follows local and international payment requirements and regulations."