GloPay

Introduction to GloPay

GloPay is a platform designed for individual contractors, freelancers, and solopreneurs who work with international clients but do not have an incorporated business entity. It enables users to invoice clients professionally as if they were operating a company, without the need to go through the complex and costly process of setting up a legal business structure. By handling compliance, invoicing, and payment processing, GloPay allows independent professionals to focus on their work while maintaining legitimacy in global markets.

The service is particularly beneficial for those offering remote services across borders, where clients may require formal invoicing and assurance of regulatory compliance. GloPay operates under European Union regulations, being incorporated in Estonia—a recognized leader in digital entrepreneurship—providing users with an EU-based legal framework that enhances trust with international customers.

Key Takeaways

• Enables freelancers and contractors to invoice internationally without forming a company
• Provides automated compliance through an EU-registered partnership structure
• Supports multi-currency transactions with transparent exchange rates
• Offers fast settlement of payments, typically within one business day
• No upfront costs or credit card required to sign up
• Users retain 95% of invoice value; GloPay takes a flat 5% fee
• Integrated tools for expense management, reporting, and financial tracking

How GloPay Works

When a user signs up for GloPay, the platform automatically establishes a joint legal entity—an Estonian partnership—co-owned by the user and GloPay. This entity becomes the official service provider that clients contract with, ensuring compliance with international business and tax regulations. The process occurs seamlessly during registration and requires minimal input from the user beyond identity verification.

Once registered, users can create and send invoices directly through the platform to their clients. Clients receive the invoice via email, accept it using a secure link, and make payment via bank transfer. Payments are processed through licensed financial partners and deposited into the user’s GloPay balance within approximately one business day. From there, users can withdraw funds to their local bank account at any time, subject to standard international transfer timelines.

Core Benefits and Applications

GloPay is ideal for independent professionals who want to scale their operations globally while minimizing administrative overhead. It removes barriers related to cross-border contracting by providing a legally compliant structure that reassures clients about the legitimacy of the transaction. This capability makes it easier for freelancers to win contracts with organizations that require formal invoicing and regulated entities.

Users can manage business expenses by uploading receipts and withdrawing reimbursements from their balance. The platform also generates income reports to simplify tax filing. With full access to dashboard analytics, real-time financial insights, and an intuitive invoice builder, GloPay serves as a comprehensive financial management solution tailored to the needs of solopreneurs and independent contractors operating in the global digital economy.