Acupay

Acupay System LLC is a financial technology company that specializes in cross-border tax compliance, reporting, and relief for internationally held securities. The company, founded in 2005, has made significant strides in revolutionizing the management of dividend and interest payments by securities issuers to investors, aiming to reduce excess withholding taxes. Acupay's expertise in financial reporting, cross-border tax relief, and securities processing, combined with its unique business approach, has enabled it to provide innovative solutions to intricate operational and technical challenges.

With a focus on facilitating efficient solutions for reducing excess foreign taxes on cross-border securities holdings, Acupay has had a remarkable impact on the foreign securities landscape, opening doors to previously unsustainable investment markets. The company's proprietary computer system, which links 975 brokers and banks to bond and securities issuers, allows custodian banks to electronically prepare tax certificates and empowers investors to receive withholding tax relief "at source" or through retrospective tax reclaims, effectively neutralizing the impact of withholding tax.

Having commenced operations in September 2005, Acupay currently has offices in New York and London and boasts a team of 40 full-time employees. As a leading player in the finance, financial services, fintech, and wealth management industries, Acupay is poised for continued growth and impact within the global financial technology sector.