/  Paywire

Payments

Paywire

Checkout for online shops that settles in under two seconds.

Since

2024

Team

14 people, Lisbon

Reach

2,300 shops

?

The story

Why Paywire exists

Paywire began in a Lisbon ceramics studio, where one of the founders sold mugs online and waited three days for every card payout. She wanted the money the moment a parcel left the shop, so she wrote a checkout that settled on Oriel instead.

The round 5 grant paid for checkout plugins on two shop platforms and for settlement in under two seconds. Today 2,300 shops use Paywire, and a second grant from round 6, $120,000, is paying for a refunds API.

Grant milestones

What the round 5 grant paid for

Milestone

Status

Paid

Checkout plugins for two shop platforms

Shipped November 2024

·

·

$55,000

$55,000

Settlement in under two seconds

Shipped March 2025

·

·

$60,000

$60,000

Merchant dashboard with daily payouts

Shipped July 2025

·

·

$45,000

$45,000

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Violet coins and a magenta cube riding a long glossy ribbon that sweeps to the right
Violet coins and a magenta cube riding a long glossy ribbon that sweeps to the right
Violet coins and a magenta cube riding a long glossy ribbon that sweeps to the right

?

Oriel Foundation supports the open development of Oriel Network from Zug, Switzerland.

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