Upay Inc
upaytechnology.comWhat Do They Do?
Provides loan-management and payment software to credit providers and other businesses, plus compliance software for regulated organizations and an online hunting marketplace for hunters and outfitters.
10-K for FY2026, filed Jun 2, 2026The Company currently conducts its principal loan management software operations in South Africa through its ACPAS loan management software…View ↗
The Company completed the acquisition of a controlling interest in AML GO (Pty) Ltd (“AML GO”), a South African compliance software…View ↗
) launched its next-generation web-based AML screening and compliance portal featuring automated entity verification, sanctions screening…View ↗
), consolidating its U.S. subsidiary under the UPAY corporate structure and expanding the Company’s digital marketplace operations within…View ↗
How Do They Make Money?
Credit providers pay monthly software rental fees per branch, collected later that month; customers also pay setup and data-transfer fees and custom-development invoices. UPAY additionally keeps a fee on each successful debit-order collection and earns commissions from insurance premiums.
10-K for FY2026, filed Jun 2, 2026Our software is made available on a web-based software platform and is offered as software as a service. Our agreement is an evergreen…View ↗
This is a once off, non-refundable cost that the company charges when a customer is onboarded. Revenue is recognized immediately and is…View ↗
This only applies to a customer applying to migrate client data from a previous system to our system. We invoice for this service as soon…View ↗
We have some clients that we do custom software development for, on some versions of our software. Here we adopt a scrum methodology with…View ↗
We offer an integrated debit order facility built into our software. When our clients (lenders) create loans with consumers, the consumer…View ↗
Some insurance companies offer insurance products on loans that cover the consumer for the full repayment of their debt to the lender, in…View ↗
$746.3K
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10-K for FY2026, filed Jun 2, 2026
$746.3K ↗
Who Are Their Customers?
Credit providers, retailers and professional-service businesses use ACPAS; AML GO supports financial institutions, lenders and other regulated organizations. HUNTPAL connects hunters booking trips with outfitter partners.
10-K for FY2026, filed Jun 2, 2026The Company currently conducts its principal loan management software operations in South Africa through its ACPAS loan management software…View ↗
) launched its next-generation web-based AML screening and compliance portal featuring automated entity verification, sanctions screening…View ↗
), consolidating its U.S. subsidiary under the UPAY corporate structure and expanding the Company’s digital marketplace operations within…View ↗
HUNTPAL LLC serve hunters across multiple U.S. states, focusing on transparency, flexibility, and a seamless customer experience.View ↗
Do Revenues Turn Into Profits?
No. It lost $1.4M in FY2026.
10-K for FY2026, filed Jun 2, 2026
−$453.5KView ↗
10-K for FY2026, filed Jun 2, 2026
−$1.4MView ↗
10-K for FY2026, filed Jun 2, 2026
−$290KView ↗
How Are They Changing?
Shrinking. Revenue fell 49% in 4 years, from $1.5M in FY2022 to $746.3K in FY2026, about 15% a year.
Broader product range
The older report centered on ACPAS loan-administration software for South African lenders; the latest also describes AML screening and compliance tools and HUNTPAL's online hunting marketplace.
10-K for FY2023, filed Jun 26, 2023 10-K for FY2026, filed Jun 2, 2026Our South African subsidiary, Rent Pay (Pty) Ltd, currently provides a web-based client and loan administration software platform, the…View ↗
U.S. customer reach
The older report described no U.S. sales or operations apart from its Texas client; the latest describes HUNTPAL serving U.S. hunters and a direct-marketing contractor.
10-K for FY2023, filed Jun 26, 2023 10-K for FY2026, filed Jun 2, 2026In order to reduce the cost of our US operations, we decided to close the sales office in Grapevine Texas and to only keep the registered…View ↗
Who Do They Compete With?
Competes with Compuloan, Delter, and Mycomax
10-K for FY2026, filed Jun 2, 2026CompuloanView ↗
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