7 Cross Border Payments App Business Success Stories [2024]

Updated: November 19th, 2023
Start A Cross Border Payments App Business

Here are some real life success stories of starting a cross-border payments app business:

1. iCard ($18M/year)

Yavor Petrov, the CEO of iCard, and his co-founder Christo Georgiev, came up with the idea for their digital bank account alternative back in 2007. They wanted to innovate and redefine card payments, making them more accessible and affordable. They built a real-time transaction processing system integrated with major card schemes, and since the launch in 2017, the iCard app has gained around 500,000 downloads and is used by people in over 30 European countries.

How much they make: $18M/year
Current team size: 200

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How We Launched A $1.5MM/Month Digital Wallet and Financial Services Company

iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.

About
Yavor started iCard almost 16 years ago
Revenue
Yavor grew the business to $1.5M/month
Read by 10,174 founders

2. WhatsApp.com

Website traffic: 2.87B/month

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So... can you actually make money with a cross-border payments app business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. TD

Welcome to TD Bank, America's Most Convenient Bank. Visit now to learn about all our personal banking products like accounts, loans, cards & more.

Where they're located: Philadelphia, Pennsylvania, USA
Website traffic: 48.9M/month

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5. Online Banking, Mortgages, Personal Loans, Investing

Open a bank account from Citi checking and savings accounts and CDs, to banking IRAs. Apply for a personal loan, or learn how to invest in your financial future.

Where they're located: Boise, Idaho, USA
Website traffic: 53.8M/month

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So... can you actually make money with a cross-border payments app business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now