New capability transforms banking operations from a manual task into a fully controllable, API-driven component of digital systems
London, September 1, 2026: xpate, the all-in-one payments and banking hub, has launched xpate Pro, a new API-based capability that enables businesses to manage accounts, initiate transfers, and access financial reporting through their own systems, turning traditional banking operations into automated workflows embedded within their products or internal platforms.
The launch reflects a broader shift toward embedded financial infrastructure. As digital businesses scale, financial capabilities are increasingly integrated into platforms and applications rather than accessed through traditional banking interfaces, a trend expected to drive the embedded finance market to $7.2 trillion globally by 2030. Against this backdrop, xpate Pro allows businesses to build financial capabilities into their platforms, whether they operate SaaS tools, marketplaces, or fintech applications.
“Businesses have come to expect financial operations to function as naturally as the rest of their digital infrastructure,” said Mike Shafro, CEO and Founder of xpate. “Financial services are moving into the platforms companies already use every day. The question now isn’t whether this shift will happen, but how quickly businesses can adapt.”
Through xpate Pro, businesses can access account balances, transaction history, and account statuses through integrated APIs, with financial data flowing automatically into internal platforms. This removes the need for manual exports, reconciliations, and repeated operational checks while providing teams with real-time visibility into financial activity.
Companies can also initiate transfers, verify beneficiaries, and manage payouts programmatically through the applications they operate. This allows businesses to move funds from their platform interface, enabling internal teams or end users to send payments without leaving the environment they already use.
In addition to payment functionality, xpate Pro includes automated reporting capabilities designed to simplify financial oversight. Businesses can retrieve transaction and movement data automatically via API, including account balance visibility and full transaction-level reporting. This provides finance teams with structured financial data without requiring manual collection and consolidation from multiple sources, helping reduce the operational effort typically associated with financial reporting.
“xpate Pro gives businesses direct control over their financial workflows,” continued Mike Shafro. “By exposing account management, transfers, and reporting through APIs, companies can automate processes that traditionally required manual interaction with banking platforms.”
With xpate Pro, financial services become part of the product itself rather than a separate operational process. The launch reflects xpate’s broader mission to reshape how businesses move money across borders. Founded in Riga and operating across the UK, Europe, and Asia Pacific, xpate provides a unified payments platform that connects banks, cards, and alternative payment rails, giving merchants, marketplaces, and financial institutions a single point of control for transactions and compliance. To learn more about xpate Pro, visit: xpate.pro
xpate is an all-in-one payments & banking hub built for businesses, fintechs, and regulated industries. Rooted in compliance, driven by innovation, and dedicated to unifying global money movement across borders, industries, and technologies, xpate helps digital businesses pay, get paid, and keep money flowing through adaptive payment and smart banking services.
