iGaming Payment Solutions
Corefy Review
Is It the Right Payment Solution for Your iGaming Business?
By the iGaming Payment Solutions Editorial Team ·
What operators ask about Corefy
Is Corefy legit?
Yes. Corefy has operated since 2018, signs operators through PayCore.io Limited in the UK and holds PCI DSS Level 1 certification along with Visa Third Party Agent and Mastercard Registration Program status. It holds no financial license because the licensed PSPs it routes to move the money.
How much does Corefy charge?
Corefy charges a routing fee of 0.2-0.7% per transaction on deposits and payouts, on top of the fees each connected PSP charges.
- Platform fee quoted per contract
- Any rolling reserve comes from the PSP
- PSP acquiring, interchange and scheme fees billed separately
Who is behind Corefy?
Corefy is a privately held London company founded in 2018 as PayCore.io by Denys Kyrychenko (CEO), Dmytro Dziubenko (CTO) and Den Melnykov, each with 10+ years in fintech. It took the Corefy name in 2021 and runs research and development in Kyiv.
How the catalog's payment orchestrators compare
Spreedly, Gr4vy and Yuno are left out because they carry no dedicated iGaming underwriting track, which is the inclusion bar here.
| Axis |  IXOPAY |  Primer |  Corefythis review |
|---|---|---|---|
| Positioning | White-label orchestration plus TokenEx tokenization; enterprise tier, K1-backed | No-code drag-and-drop routing builder; best-funded at $170M raised | Mid-market entry point; 600+ connectors, white-label dashboard, no lock-in |
| Connectors | 500+ adapters (200+ PSPs) | 70+ PSP connections | 600+ ready-made connectors |
| Founded | 2014, Vienna, Austria | 2020, London, UK | 2018, London, UK |
| Orchestration fee | 0.1-0.5% + PSP | 0.2-0.6% + PSP | 0.2-0.7% |
| Pricing model | Platform fee plus per transaction | Revenue share | Platform fee plus per transaction |
| Volume floor | $500k+ | $500k | $250k |
| Contract lock-in | 12 months | 6 months | No lock-in |
| Catalog score | 6.5 / 10 | 6.0 / 10 | 6.0 / 10 |
Quick Info
- Type
- Payment Orchestrator
- Founded
- 2018
- HQ
- London, UK
- Pricing
- Platform fee plus per transactionCorefy charges the percentage as a routing fee that sits on top of what the connected PSPs charge.
- APMs
- 600+Ready-made connectors to PSPs and acquirers rather than end-customer methods. Corefy routes transactions instead of processing them, so what a cashier can offer depends on which PSPs the operator has contracted. Mass payouts run to 250+ methods through those same connected providers.
- Settlement
- Set by the connected PSP
Our iGaming Score: 6.0/10
5 weighted criteria, with Trustpilot shown for context
- iGaming Fit
Sells to gambling operators directly. No dedicated iGaming team, no casino-platform connector, no direct acquiring
- Weight
- 30%
- Score
- 6.0
- Rating
- Adequate
- Geographic Coverage
Europe, the CIS and Latin America, 190 countries through connected PSPs, no direct acquiring
- Weight
- 22%
- Score
- 6.5
- Rating
- Adequate
- Security & Compliance
No financial license in its own name. KYC and chargeback liability sit with the connected PSP
- Weight
- 20%
- Score
- 3.0
- Rating
- Weak
- Fees & Pricing
0.2-0.7% routing fee plus a platform fee, with the connected PSPs billing on top
- Weight
- 16%
- Score
- 7.7
- Rating
- Strong
- Tech & Integration
REST API, 1-3 week onboarding
- Weight
- 12%
- Score
- 7.5
- Rating
- Strong
- User Trust
4.2 on Trustpilot from 14 reviews
- Weight
- context only
- Score
- 8.4
- Rating
- Strong
- Overall
- Weight
- 100%
- Score
- 6.0
- Rating
- Adequate
We score each provider on 5 weighted criteria using a 1 to 10 scale. iGaming Fit carries the most weight at 30%, because it measures whether and how directly the provider serves gambling. Geographic Coverage gets 22%. Security & Compliance gets 20%. Fees & Pricing gets 16%. Tech & Integration gets 12%. The final score is a weighted average of those 5. Trustpilot is shown for context but carries no weight, since player reviews of casinos are not a read on B2B acquiring quality.
Score Explanation
Corefy sells to casinos, poker rooms and sportsbooks directly, which sets iGaming Fit at 6. Against that, it runs no dedicated iGaming team, has no connector on any casino platform and acquires in no market itself. Reach across Europe, the CIS and Latin America and 190 countries puts Geographic Coverage at 6.5, and all of that reach runs through connected PSPs. Security & Compliance is the weakest line at 3, because Corefy holds no financial license in its own name and the connected PSPs run KYC and carry chargeback liability. Fees & Pricing sits at 7.7 on a routing fee that tops out at 0.7% under a platform-plus-transaction model, though that fee covers only the routing layer and every connected PSP bills its own rate on top. A REST API and onboarding of 1-3 weeks put Tech & Integration at 7.5. User Trust is 8.4, from a 4.2 Trustpilot rating on 14 reviews.
Who Is Corefy Best For?
The operator profiles that fit, and the ones that do not
Recommended For
- Multi-PSP operators up to $2M a month. Casinos and sportsbooks that already split volume across two or more PSPs and process up to $2M a month get the most from Corefy. Routing and failover for every provider they already pay then run through one API.
- PSPs selling a branded gateway. A PSP or payment company that wants to sell its own merchants a branded orchestration product gets Corefy's dashboard and checkout under its own brand. The white label stops short of rebranding the whole platform on custom domains, which covers most PSP resale setups.
- Operators adding new markets fast. If the PSP for your next market already has a ready-made Corefy connector, that market goes live in days with no build on your side.
Not Recommended For
- Operators below the volume minimum. Below $250k a month, a book sits under Corefy's minimum, and Finera starts at $300k, Primer at $500k and IXOPAY at $500k+, so the book goes straight to a PSP. Brite boards European open banking from $200k, AstroPay takes Latin American wallet deposits from $100k, and NOWPayments processes crypto with no minimum.
- One contract for routing and acquiring. One contract for acquiring and routing is out of reach on Corefy, which acquires in no market. Nuvei runs local rails in 44 markets and acquires directly in Brazil, Mexico, the US and the UK among them.
- Operators needing license application help. License application help is not part of Corefy's offer, which includes no compliance consulting or regulatory strategy either, so a UKGC or MGA application stays entirely with you.
- Operators whose one PSP covers everything. A book that one PSP already serves across all its markets gains little from failover it never uses. Corefy's routing fee alone costs $1,000-$3,500 a month at $500k of volume, before the platform fee.
- Crypto-only casinos. A crypto-only book routed through Corefy pays the routing fee on top of the processor's own, because Corefy settles no crypto and reaches coins only through connected processors. Signed directly, CoinsPaid charges 0.8% on deposits, settles crypto instantly and has no lock-in.
Geographic Coverage
Per-market verdict, regions, and market focus
Coverage Analysis
Corefy acquires in no market itself. It reaches 190 countries through the PSPs and acquirers in its connector library, and its strongest coverage runs through Europe, the CIS and Latin America. An operator's footprint on Corefy is the set of PSPs it signs, because Corefy removes the engineering work of entering a market while the commercial contract with a local PSP stays with the operator.
Regional Breakdown
Latin American rails come through connectors such as PayRetailers and AstroPay. PayRetailers brings Pix, Boleto and local cards in Brazil and SPEI, OXXO cash and CoDi in Mexico, while AstroPay loads a player wallet from Pix, SPEI and local bank transfers.
European open banking comes through Trustly and Brite, and Nuvei's connector carries card acquiring.
Key Features for iGaming Operators
Products, payment methods, and verticals
Key Products
- Orchestration
- 600+ connectors
- Reconciliation
Corefy sells four products. The orchestration platform is the core: it connects PSPs, routes each transaction, stores tokenized card data and reconciles settlements. The analytics and reporting suite tracks transactions, fees, chargebacks and PSP performance side by side. A payout system sends mass disbursements to 250+ methods through the connected providers, and a payment company rebrands the white-label dashboard and checkout for its own merchants. An iGaming operator runs on the orchestration platform and the analytics, while the white label matters to a PSP that serves operators.
Payment Methods
Corefy's ready-made connectors link to PSPs and acquirers, so an operator's cashier offers whatever methods its contracted PSPs carry. For each payment, Corefy picks the provider from geography, card type, historical approval rates, cost and risk, and it shifts that choice as transaction outcomes come in. That takes less setup than an engine where every rule is written by hand, and operators can still add their own rules by market, risk level and fraud exposure. Crypto pay-ins run only through connected processors such as CoinsPaid, Confirmo and Cryptomus, on the same routing engine as fiat, and Corefy settles no crypto itself.
Verticals
Corefy sells directly to online casinos, poker rooms and sports betting sites. iGaming and high-risk merchants are its primary verticals, and forex trading platforms are the other major one. For those merchants the platform runs several acquiring relationships at once, cascades a declined transaction to another provider and applies different routing strategies by market and risk level.
- iGaming
- High-risk
- Deposit ProcessingAvailable
600+ payment methods, Depends on PSP
- Withdrawal / PayoutAvailable
Depends on PSP
- Instant WithdrawalsNot available
Depends on PSP
- KYC / AML Built-inNot available
Via the connected PSP
- Chargeback ProtectionNot available
Follows the connected PSP
- Multi-CurrencyAvailable
200+ (combined fiat and crypto)
- API IntegrationAvailable
REST API + SDK
- Crypto SettlementNot available
Fiat settlement only
- Local Payment MethodsNot available
Not offered first-party
- iGaming SpecializationAvailable
Sells to casinos directly with a published gambling case study, but the client is unnamed and no casino platform ships a Corefy connector
- Geographic CoverageAvailable
190 countries across Europe, CIS, Latin America
Pricing & Fee Structure
Fee structure and pricing model
Rate Card
0.2‑0.7%
0.2‑0.7%
Set by the connected PSP
600+Ready-made connectors to PSPs and acquirers rather than end-customer methods. Corefy routes transactions instead of processing them, so what a cashier can offer depends on which PSPs the operator has contracted. Mass payouts run to 250+ methods through those same connected providers.
Depends on PSP
0.3-0.8%
CustomCorefy quotes the platform fee per contract. Setup is billed once as the $0-3k integration fee, which depends on how complex the routing is.
$0-3k
Yes
Pricing Details
Corefy's price has four parts. A routing fee of 0.2-0.7% applies per transaction on deposits and payouts, and a platform fee is quoted per contract. A one-time integration fee runs $0-3k depending on how complex the routing setup is, and cross-currency volume carries a 0.3-0.8% FX markup. The routing fee sits on top of everything the connected PSPs charge, so the all-in cost of a card deposit is Corefy's fee plus the acquiring fee of the PSP plus interchange and scheme fees. Routed to Nuvei at its 1.5-3.5%, a card deposit costs 1.7-4.2% in routing and acquiring fees before interchange and scheme fees. At $500k a month the routing fee alone comes to $1,000-$3,500. Corefy holds no rolling reserve, so any reserve comes from the PSP that processes the transaction, and Nuvei's runs 5-10% for 6 months. The contract carries no lock-in, and an operator can leave without penalty.
Negotiation Tips
Corefy's no-lock-in contract is your lever. Run Corefy for 3 to 6 months against your current manual PSP setup, measure approval rates and cost, and then negotiate the routing rate on proven volume or leave without penalty. At $500k+ a month, push the routing fee toward 0.2-0.3%, and at $1M+ it should sit well below 0.5%. Ask for the integration fee to be waived, since Primer charges $0 for integration and Finera $0-2k. Get the platform fee quoted before you compare, because the routing fee is only part of Corefy's bill. The math works best when three or more PSPs sit behind Corefy and routing lifts approval rates 2-5%, and a 2-3% lift already covers the fee. Against a single full-stack PSP at a negotiated flat rate, a 0.4% orchestration layer over several PSPs can cost more than it saves.
Speed & Settlement
Transaction processing and settlement timelines
- Deposit
- Depends on PSP
- Withdrawal
- Depends on PSP
- Settlement
- Set by the connected PSP
- Settlement currencies
- Multi‑currency
- Refunds
- Depends on PSP
Corefy sets none of the timing. Deposits, payouts to players, settlement to the operator and refunds all follow the connected PSP that handles the transaction, and Corefy's routing decision adds milliseconds to each one. Settlement therefore varies by route: Trustly settles T+1, Brite T+0 to T+1 and Nuvei T+2 to T+7. On the payout side, Trustly pays a player out in under 6 seconds and Brite in under 10. An operator can set routing to favor the faster-settling providers. Corefy reconciles settlements automatically across every connected PSP, which saves back-office hours rather than transaction cost.
Integration & Tech
Developer experience and technical capabilities
- API Type
- REST API + SDK
- Onboarding
- 1-3 weeks
- Sandbox
- Yes
- Mobile SDK
- Yes
- White-Label
- NoCorefy sells its dashboard and checkout as a white label to PSPs and payment companies, which rebrand them and sell orchestration to their merchants.
- Docs Quality
- Good
Integration Assessment
Operators connect through a single REST API with webhooks, a JS SDK and a mobile SDK. Integration and onboarding take 1-3 weeks, against 1 week at Primer, 1-2 weeks at Finera and 2-4 weeks at IXOPAY. Onboarding runs a KYB review and sandbox provisioning, and it moves faster for an operator that already holds its PSP contracts. After go-live, adding a PSP means activating an existing connector, setting routing rules and testing, and a connector goes live in days. The connector library is Corefy's main technical asset, with 161 new integrations and 846 connector updates shipped in 2025. Operators on a casino platform reach Corefy through their own build against the REST API.
Risk & Compliance
Licensing, fraud prevention, and regulatory compliance
- KYC/AML Automation
- Not available. Via the connected PSPThe connected providers run the checks at full automation.
- Chargeback Protection
- Not available. Follows the connected PSP
Licenses and Registrations
- PCI SSCPCI DSS Level 1
Covers version 4.0.1 of the standard.
- VisaThird Party Agent
- MastercardRegistration Program (MRP)
- Google PayCertified processor
- Apple PayToken decryption service
- Fraud Prevention
- AI risk assessment
- Responsible Gaming
- YesAPI integration
- Tokenization
- Yes
- Dispute Resolution
- Dedicated support
Compliance Context
Corefy holds PCI DSS Level 1 certification under version 4.0.1 of the standard. Its tokenization vault stores card credentials centrally, so an operator keeps its stored cards when it moves volume between PSPs and carries less PCI scope itself. Fraud screening runs on an AI risk engine with velocity checks and transaction pattern analysis. Corefy performs no identity checks, since KYC and AML run at full automation inside the connected PSPs. Chargeback liability stays with the PSP that processed the transaction, and Corefy monitors chargebacks and reconciles them across providers.
Regulatory Position
Corefy holds no financial institution license and no acquiring authorization, because the connected PSPs process the transactions and carry compliance for each one alongside the operator. Corefy is registered as a Visa Third Party Agent and in the Mastercard Registration Program (MRP), and Google Pay certifies it as a processor. It also runs an Apple Pay token decryption service. Corefy takes gambling operators under any license and sets no licensing requirement of its own, while operators configure its routing rules and compliance controls to match MGA, UKGC and Curacao requirements.
About Corefy: Company Background
Company and product information
- Company Name
- Corefy
- Headquarters
- London, UK
- Founded
- 2018
- Employees
- 70-90
- Company Type
- Private
- Product Type
- Payment Orchestrator
- Licenses
- PCI SSC PCI DSS Level 1, Visa Third Party Agent, Mastercard Registration Program (MRP), Google Pay Certified processor, Apple Pay Token decryption service
- Key Products
- Orchestration, 600+ connectors, Reconciliation
- Website
- corefy.com
- Supported Verticals
- iGaming, High-risk
- Integration Type
- REST API + SDK
- Settlement Speed
- Set by the connected PSP
- Onboarding Speed
- 1-3 weeks
- Named iGaming Clients
- Not published
Company History
2018: A Ukrainian founding team launched the company as PayCore.io. CEO Denys Kyrychenko had earlier co-founded Interkassa, a payment aggregator in Eastern Europe.
2021: PayCore.io rebranded as Corefy.
2022: The Russian invasion of Ukraine hit Corefy's Kyiv office, and the company kept operating.
2023-2025: Corefy grew 150% a year, and its connector library, past 500 after the rebrand, reached 600+.
Q2 2025: Corefy launched a new platform version with an updated interface, customizable checkout and a reworked onboarding flow.
What Users Say About Corefy
14 reviews on Trustpilot
Review Analysis
Corefy's Trustpilot reviewers are merchants and payment companies that run on the platform, and they write about platform quality, feature completeness, migration support and account management. Account management draws praise again and again, and one reviewer moved onto Corefy in under 2 weeks with no disruption.
Context for Operators
Corefy replies to every negative review. Players never touch the routing layer, so the profile stays small. It reflects what B2B clients think of the platform and the account team, which is the side of Corefy an operator deals with every day.
Client Evidence
Corefy names no gambling operator as a client. One Corefy gambling client is an unnamed international online casino and sports betting company operating in Europe, Latin America and parts of Asia. That company ran direct PSP integrations with its own development team until it moved to Corefy in 2021 and gained 200+ ready-made integrations. Two other Corefy clients, a forex platform and a payments company, are unnamed as well.
Operational Details
Business terms, contracts, and support
- Dedicated Account Manager
- Dedicated account manager
- Minimum Monthly Volume
- $250k
- Contract Lock-In
- No lock‑in
- Migration Support
- Yes
- Min/Max Transaction
- Not published
- Mass Payouts
- Via the connected PSP · No published limit
- Biometric / One-Click
- Yes
- Reporting
- Auto‑recon
Operators sign with PayCore.io Limited, the UK company behind Corefy, and every account gets a dedicated account manager from day 1.
Frequently Asked Questions
9 questions about Corefy
Corefy fits iGaming operators that already run two or more PSPs. It sells directly to casinos, poker rooms and sportsbooks and takes operators under any license, while acquiring, licensing and chargeback liability stay with the PSPs behind it.
Corefy sets no payout or settlement time of its own, so both follow the PSP that handles each transaction: Trustly settles T+1 and Nuvei T+2 to T+7 on the same Corefy setup. Corefy's routing adds milliseconds, and it reconciles settlements from every PSP automatically.
Corefy takes 1-3 weeks to integrate and onboard over its REST API. After go-live, a new PSP connector goes live in days. No casino platform offers a ready Corefy integration, so the operator builds against the API.
Corefy requires $250k a month in processing volume and signs with no contract lock-in. At $500k a month its routing fee comes to $1,000-$3,500, before the quoted platform fee.
Corefy reaches 190 countries through its connected PSPs, with its strongest coverage in Europe, the CIS and Latin America. It acquires in no market itself, so an operator's coverage equals the PSPs it contracts.
Yes. Corefy routes crypto pay-ins to connected processors, CoinsPaid, Confirmo and Cryptomus among them, and settles no crypto itself.
Corefy's core engineering team works from Kyiv, and the 2022 Russian invasion hit that office while the company kept operating. Headquarters are in London, with further offices in Herzliya and Amsterdam.
Corefy fits books from $250k a month that want no lock-in, while IXOPAY starts at $500k+ and locks for 12 months. Corefy charges 0.2-0.7% with a $0-3k integration fee, and IXOPAY charges 0.1-0.5% on top of PSP fees with a $5k+ integration fee. IXOPAY onboards in 2-4 weeks and Corefy in 1-3.
Finera charges less for routing, 0.1-0.5% against Corefy's 0.2-0.7%, and its FX markup runs 0.2-0.6% against Corefy's 0.3-0.8%. Corefy's minimum is lower at $250k a month against Finera's $300k. Both run 600+ connectors with no lock-in, and Finera onboards in 1-2 weeks against Corefy's 1-3.
Our Verdict: Should You Use Corefy?
Final assessment for iGaming operators
Overall iGaming Score
Summary
Corefy gives an operator one API, self-adjusting routing and one reconciliation feed across the PSPs it already pays. The PSP contracts stay in the operator's name, so leaving Corefy leaves every acquiring relationship in place. The risk sits with the vendor itself. Corefy has a clean track record, but its core engineering is based in Kyiv during the war, and every payment an operator routes runs on a platform built and maintained there.
Strongest Point
Corefy signs operators with no lock-in, against 12 months at IXOPAY and 6 at Primer, so a routing trial that fails costs nothing to exit.
Key Limitation
An operator checking Corefy's gambling references gets one anonymous casino and sports betting company, because Corefy has no named gambling client.
Recommendation
Sign with Corefy if your monthly volume clears its minimum, already runs across two or more PSPs and lets you track approval rates by route. Get the platform fee and the routing-rate step-downs by volume written into the contract before go-live, and ask for the business continuity plan that keeps support running if the Kyiv office goes offline.
Pros
- Runs 600+ connectors, as many as Finera and more than the 500+ adapters at IXOPAY or the 70+ connected PSPs at Primer, so fewer markets need a custom build.
- A one-time integration fee of $0-3k, against $5k+ at IXOPAY, keeps the entry cost of a routing trial small.
- Settlements from every connected PSP reconcile automatically, which cuts back-office hours on a multi-PSP book.
- Stored cards survive a PSP switch, because the tokens sit in Corefy's vault.
Cons
- Signs no operator below $250k in monthly volume, so a smaller book integrates each PSP directly until it crosses that line.
- The routing fee stacks on every PSP charge, so a 2% PSP rate becomes as much as 2.7% all-in, and without an approval lift that margin is pure cost.
- Three acquirers behind Corefy mean three onboardings, three commercial negotiations and three compliance reviews, because Corefy acquires nowhere itself.
- Settlement windows, reserves and refund times all come from each PSP contract. A Nuvei route settles T+2 to T+7 and holds 5-10% for 6 months, and Corefy cannot shorten either.
- Corefy takes its own 0.3-0.8% FX markup on any currency conversion, over and above the routing fee.
- Core engineering sits in Kyiv through the war in Ukraine, so bug fixes and new releases depend on an office in a war zone.
Ready to evaluate Corefy for your business?
Corefy vs. Alternatives: How It Compares
Similar payment processing solutions
Trustly, AstroPay and CoinsPaid pair with Corefy as connectors for European open banking, Latin American wallets and crypto, so they extend a Corefy setup. Finera signs without a lock-in as Corefy does, while Primer locks an operator in for 6 months and IXOPAY for 12. An operator that wants to keep its exit open therefore weighs Corefy against Finera first.
When to Choose an Alternative
- IXOPAY
Choose IXOPAY if you process $500k+ a month and want its 0.1-0.5% routing fee over Corefy's 0.2-0.7%, and you can accept a 12-month lock-in where Corefy asks for none.
- Finera
Choose Finera if you clear its $300k minimum and want routing at 0.1-0.5% where Corefy charges 0.2-0.7%, on the same no-lock-in terms.
- Primer
Choose Primer if your payments team wants to set routing rules in a visual builder without code and your volume clears its $500k minimum. Primer onboards in 1 week against 1-3 at Corefy and charges $0 for integration against $0-3k, and it holds you for 6 months where Corefy holds you for none.
- Nuvei
Choose Nuvei if you want acquiring and 720+ methods under one contract instead of a routing layer over separate PSPs. Its deposit rate is 1.5-3.5%, and it asks for 12 months of lock-in and a 5-10% reserve held for 6 months, where Corefy holds no reserve itself.
Trustly
CoinsPaid
AstroPay
Pay.com- iGaming score 6.2 out of 10
Finera
Payment Orchestrator- Deposit Fee
- 0.1‑0.5% routing
- Settlement
- Set by the connected PSP
- Methods
- 600+
- iGaming score 6.0 out of 10
Primer
Payment Orchestrator- Deposit Fee
- 0.2‑0.6% + PSP
- Settlement
- Set by the connected PSP
- Methods
- 100+
- Trustpilot
- 1.5/5
- iGaming score 6.5 out of 10
IXOPAY
Payment Orchestrator- Deposit Fee
- 0.1‑0.5% + PSP
- Settlement
- Set by the connected PSP
- Methods
- 300+
- iGaming score 8.8 out of 10
Nuvei
Full-Stack PSP- Deposit Fee
- 1.5‑3.5%
- Settlement
- T+2 - T+7
- Methods
- 720+
- Trustpilot
- 3.5/5
Related Reading
Operator guides and analysis relevant to evaluating Corefy.
End of Report. Corefy Provider Assessment Report 2026
Prepared and reviewed by the iGaming Payment Solutions Editorial Team ·