Palla

Palla, headquartered in Miami, Florida with a fully remote team of three, operates within the fintech industry, focusing on the payments sub-sector. The company has carved a niche in enabling peer-to-peer (P2P) payments, facilitating instant cross-border transactions to both consumers and businesses in more than 180 countries. As a part of the prestigious Y-Combinator S21 batch, Palla targets a significant market opportunity, estimated at $65 billion annually, by offering a platform that simplifies the sending and receiving of remittances.

Palla’s services include providing APIs for secure customer authentication and embedding P2P payment functionalities into applications, supporting instant transfers, and ensuring compliance and security through encrypted payment methods. The platform allows users in the United States to execute payments swiftly with just a few taps on their mobile devices, ensuring that recipients receive funds within seconds. Additionally, Palla offers a white-label solution that partners can integrate, promoting collaboration opportunities within the fintech ecosystem. The company invites potential partners to explore these opportunities for enhancing their payment systems.