Inovapay is an international wallet designed for secure transfers and payments. It allows you to make purchases online on any website using your currency and your local payment methods. The platform was initially created with a focus on Latin America. The company behind the platform is Flexe Payments (AUS) Pty Ltd, which is incorporated in Malta. Founded in 2018, the company is headquartered in Melbourne, Australia. The legal entity is officially licensed by FCA (Financial Conduct Authority). 

Inovapay highlights

The platform offers users a card, which they can use conveniently at any location of the world. It is also possible to withdraw money from an ATM anywhere when cash is needed. The platform targets first of all people who reside in Latin America. 

Currently, the company offers the following solutions:

  • A gateway that allows merchants to easily integrate the most popular alternative payment options and expand the customer base without effort. 
  • A wallet enabling e-money transactions with the possibility to transfer money to merchants.
  • Inovapay.pin, which is a product developed by the in-house team. It functions as a prepaid voucher that can be used for online purchases.  

The product allows users to buy vouchers to make secure online payments when there is a necessity to top up the account and pay for purchases when customers don’t want to use a bank card to preserve their identity. This is one of the safest ways to pay online.  The voucher can also be purchased online. It is possible to use PayPal, or one of the bank cards for it such as Visa, Mastercard, UnionPay, and Maestro. 


The company that has established the platform offers a similar product in Australia, Canada, UK, New Zealand, and several European countries.  The company decided to expand the coverage of this promising product and developed the Inovapay platform to offer the product for customers of the Latin American region.

The product is offered to mobile users as Novapay APK that can be downloaded for free in the Google Store. It gives access to a digital account that can be used to pay bills and invoices, to top up a cell phone account, and as a prepaid card. It also provides a TED option, or Transferência Eletrônica Disponível (Wire Transfer Available) enabling users to transfer funds between accounts at the same bank or different banks. 

Inovapay fees

The official website doesn’t provide information on fees at the time of writing. It is worth saying that the platform can charge a fee in case the account is inactive for 12 months. Then the charge is taken in 24 months until you have enough funds in your account. The same happens in 36 months of inactivity. However, this is the final fee charged by the facility followed by the closure of the account. 

How to join the system

Users should provide an active address, email address and phone number to become a member of the system. It is also necessary to pass an identity test to get access to the functionality of the platform. 


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