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Maplerad

by Maplerad · Since 2022
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ActiveAvailable globally
Quick facts
VendorMaplerad
Year launched2022
StatusActive
LocationLagos, Nigeria
Countries servedGlobal
Languages1
Integrations6+
Free tier
Free trial
Contact salesYES

About Maplerad

Maplerad is a logistics software platform from Maplerad that supports delivery management. It includes route improvement, real-time tracking, and analytics to improve operational efficiency. The software helps businesses simplify their logistics by providing essential tools for monitoring and managing deliveries effectively. Maplerad’s features allow users to analyze performance metrics and improve customer satisfaction through timely deliveries. Key capabilities: route improvement real-time tracking analytics delivery management performance monitoring Best for: logistics companies that need to manage and improve their delivery processes.

Maplerad is a powerful banking-as-a-service and financial infrastructure platform built to help businesses launch and scale financial products without the complexity of managing banking relationships or regulatory compliance themselves. Designed as a modular system, it provides APIs and no-code tools for multi-currency wallets, virtual accounts, card issuing, identity verification, and cross-border payouts, making it especially attractive to fintech startups, marketplaces, and globally oriented SMEs. The platform balances a developer-first API experience with a clean, intuitive dashboard that allows non-technical teams to manage wallets, issue cards, execute payouts, and perform currency swaps with minimal effort. One of its most practical strengths is the seamless transition between sandbox and production environments, which significantly reduces deployment friction. Performance is another strong point, with a proven 99.9% uptime, fast identity verification, instant domestic payouts, and efficient cross-border settlements, including support for stablecoins like USDC and USDT for near-instant international transfers. Maplerad integrates easily into modern tech stacks through REST APIs, SDKs, and webhooks, while also abstracting away compliance-heavy processes such as KYC and AML, allowing businesses to focus on product growth rather than regulation.

Pros & Cons

What users like
  • +Enables rapid speed to market, allowing financial products to go live in days rather than months.
  • +Provides compliance-in-a-box by handling KYC, AML, and licensing requirements within the platform.
  • +Offers a developer-friendly environment with unlimited API calls and robust sandbox testing tools.
What users flag
  • Payouts and local account support are currently focused on African markets, limiting global coverage.
  • Virtual USD cards can only be funded from a USD wallet, reducing funding flexibility.
  • Currency support is limited to just over 10 major global and African currencies.

Features

Key features

Instant Multi-Currency Payouts
Enables businesses to send funds instantly to bank accounts or digital wallets in over 10 currencies (including USD, NGN, GHS, KES, and XAF).
Modular Banking-as-a-Service (BaaS)
Provides a "Lego-block" style API that allows developers to embed financial features like accounts, cards, and FX into their products in minutes.
Virtual Card Issuing
Allows businesses to launch, manage, and scale their own branded virtual Visa and Mastercard programs with customizable spending limits.
Split-Second Identity Verification
Features a high-speed KYC engine that analyzes and verifies identity documents instantly to mitigate fraud during user onboarding.
Dynamic Virtual Accounts
Automatically generates single-use account numbers for specific transaction amounts to simplify bank transfer payments and reconciliation.
Real-Time Currency Swaps
Offers an instant exchange infrastructure to swap between 10+ currencies at competitive market rates directly within the dashboard or via API.

Additional features

Virtual Bank Accounts
Assigns unique NGN or USD denominated bank account numbers to customers or transactions for seamless bank transfer collections.
Global Payout Engine
Facilitates instant disbursements to employees, suppliers, or partners globally, directly into their bank accounts or mobile money wallets.
Multi-Currency Wallets
Allows businesses and their customers to hold, send, and receive money across multiple fiat and digital assets within a single platform.
Commercial Card Issuing
Provides the infrastructure to create and manage virtual USD cards for business expenses, subscriptions, or customer spending.
Automated Reconciliation
Integrates with virtual accounts to provide accounting teams with real-time updates and eliminate manual data entry errors.
Instant Settlement
Ensures that funds from customer payments land in the business wallet immediately without "pending" status delays.
KYC & Identity Management
Verifies customers' identities in seconds using government-issued IDs, biometrics, and financial identity mechanisms like BVN.
No-Code Dashboard
Enables non-technical users to initiate payouts, create virtual cards, and swap currencies directly from a web interface without writing code.
White-Label Solutions
Allows businesses to brand Maplerad’s financial infrastructure as their own, providing a seamless experience for their end-users.
Smart Invoicing
Coming soon feature that will allow businesses to create branded invoices and recover up to 20% of missed payments through automated follow-ups.
Stablecoin Integration
Upcoming capability to embed stablecoins into the payment stack for faster, blockchain-based operations.
Payment Links
A "coming soon" tool to create dedicated payment pages for collecting money online without needing a full website.
Onchain Security Management
Handles all technical complexities of digital asset wallets, including gas management and security protocols at scale.
Regulatory & Compliance Stack
Manages the entire banking relationship, licensing, and AML/CFT policy requirements on behalf of the client.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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