Marketplace payment orchestration product for onboarding and splitting payments across sub-merchants.
XenPlatform lets marketplaces and platforms onboard sellers, subsidiaries, and branches at scale, then transact on their behalf through a single API. It creates account hierarchies, runs KYC on partners, and controls how much access each sub-account has to the dashboard.
The product splits and routes incoming payments between parties, charges configurable platform fees, and issues unlimited transfers for refunds, commissions, and cashbacks. Centralized reporting and account management give finance teams oversight across every sub-merchant.
| Attribute | XenPlatform | Stripe Connect | |
|---|---|---|---|
| Provider |  |  | |
| Founded | 2015 | 2010 | |
| Sells To | Enterprise, Small Business | B2B, Enterprises, SMB | |
| Pricing Model | Transactional | Commission, Recurring, Transactional, Usage-based | |
| Ownership | Venture-backed | Private equity-backed, Venture-backed |
Provider
Founded 2015
Sells To Enterprise, Small Business
Pricing Model Transactional
Ownership Venture-backed
Provider
Founded 2010
Sells To B2B, Enterprises, SMB
Pricing Model Commission, Recurring, Transactional, Usage-based
Ownership Private equity-backed, Venture-backed
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