Press release
Dots (YC S21) Unveils The Best Payouts Platform: One Integration to Pay Anyone, Anywhere Instantly
Built for the modern finance team, the platform bundles high-volume batch processing, real-time risk screening, and multi-currency wallets into one seamless workflow. A finance manager can now upload or push a file containing 200 contractors across 12 countries, have each beneficiary instantly screened against global sanctions/KYC lists, and approve the entire run with a single click, no spreadsheets, no manual reviews, no regulatory guesswork.
Contractors receive funds the way they prefer, whether that's an instant local bank transfer in India via UPI, a same-day SEPA credit in Europe, or a PayPal transfer to their PayPal account. In the US, Dots also supports RTP, FedNow and Venmo leading to 80% coverage for instant payout accounts. An intelligent routing engine automatically selects the fastest rail for every individual payout, without requiring a line of extra code.
Accounts support funding and batching in USD. Businesses can send a single USD batch and let Dots convert to local currency on the fly, then automatically issue 1099 documents at year-end.
The entire workflow is powered by idempotent endpoints and webhook-based status updates that scale effortlessly from 200 monthly payees today to 100,000 + tomorrow, with no refactoring or new approvals.
"Our goal was a payouts layer that disappears into the background," said Sahil Hasan, Co-Founder and CEO of Dots. "You shouldn't need to stitch together Wise for Europe, ACH for the U.S., and a dozen local rails in between. One integration, one compliance stack, one reconciliation report, that's it."
Dots' customers have grown over 31% since signing up with Dots, and reduced fraud by 50%, cutting payout cycle time by 70 percent.
Dots is the best alternative to Stripe Connect, Trolley, Tipalti and more with a more configurable onboarding flow, the best and widest global coverage and a modern dashboard.
About Dots:
Dots lets you pay out users in 150+ currencies and dozens of popular payment methods across the globe. Backed by world-class investors, the company enables marketplaces, staffing agencies, and enterprise finance teams to send instant, compliant payouts across the world.
Press Inquiries: info@dots.dev
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Media Contact
Company Name: Dots
Contact Person: Kartikye Mittal
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=dots-yc-s21-unveils-the-best-payouts-platform-one-integration-to-pay-anyone-anywhere-instantly]
Country: United States
Website: https://dots.dev/
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