Assessment
Volt connects a merchant to banks so a customer can pay straight from a bank account, and it adds payouts, accounts and fraud checks around those payments. Use it when card fees or chargebacks are a large cost and customers will pay by bank. Ask for prices early, since none are published.
Volt was founded in London, England, in 2019. It holds a UK e-money licence (February 2024) and an EU payment institution licence (August 2023), and it gained NPP Identified Institution status in Australia in February 2026. Its 2024 accounts show turnover of ~$23M, up ~41% on 2023, and a loss of ~$22M.
It fits a merchant or payment service provider with many customers who will pay by bank in more than one region. It is a weaker fit for a merchant whose customers expect to pay by card.
Rating by criterion
Each of the eight criteria below is scored out of 100.
Sector criteria
Volt covers pay-ins, payouts and accounts across the UK, the EU and Australia, where it uses PayTo. It added stablecoin acceptance in February 2026 and USDC wallet top-ups in July 2026, which matter only to merchants with crypto-holding customers.
One integration reaches Volt's bank connections, and its treasury suite launched across the UK and EU in February 2026. Test the bank coverage in each country against the merchant's own customer base.
Volt holds an FCA e-money licence and an EU payment institution licence, and Circuit Breaker, its fraud tool, screens open-banking payments. Agree in the contract who carries the loss on a fraudulent payment.
Worldpay announced a partnership with Volt in 2023, which helps a large merchant that already settles with Worldpay. Ask which other acquirers and platforms resell Volt.
Vendor criteria
The product has grown from pay-ins to payouts, accounts, treasury and stablecoin settlement in seven years. Revenue grew ~41% in 2024 while losses widened, so ask about funding runway.
Onboarding goes through sales and a merchant review. Ask for the go-live timeline in each country, since licences and bank coverage differ by region.
No rates are published. A merchant has to compare quotes from Volt and other open-banking providers.
Contract terms are not public. Ask about minimum volumes and the notice period.
Against its peers
These are the other companies in payments and acquiring, with their ratings.
Fact file
| Legal entity | Volt Technologies Holdings Limited, company 12140559 |
|---|---|
| 2024 turnover | ~$23M |
| 2024 loss | ~$22M |
| Licences | UK e-money institution (2024); EU payment institution (2023) |
| Regions | UK, EU and Australia |
Competitive landscape
Open-banking and account-to-account payment providers a merchant would compare with Volt.
Volt: 73
Comparisons
Key leadership
Steffen Vollert co-founded Volt in 2019 and has been chief executive since September 2024. Stephanie Lopes is chief legal officer.
How this review was created
This profile gives our own assessment of Volt to companies selecting a Payments & acquiring provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and Volt gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, and filings. Fact-checking took place on October 21, 2026.