About FeeVerify

FeeVerify brings together people who know payments and technology that can check all of it. Specialists who have spent their careers in acquiring, issuing and processing work out what a business should be paying, and AI checks every transaction against that at a volume no team could cover by hand. FeeVerify is proven on real production data from a tier-one cross-border payments business operating across multiple markets, and it is independent: it processes and routes nothing.

Where FeeVerify came from

FeeVerify is proven on real production data from a tier-one cross-border payments business operating across multiple markets (blended and IC++ acquiring). From one month of data it re-costed more than 44 million transactions and traced a six-figure recurring variance to a single contract clause, 30 days after the data arrived.

That engagement read over 100 contract packages, many scanned, redlined or not in English, into 228 expected-fee rules, each with the excerpt it came from. The figures are from an anonymised engagement, and the proof page sets out what arrived, what was rebuilt and what was found.

The founders include payments operators who have spent decades inside the payment chain, in acquiring, issuing and processing. That experience taught them that payments billing rarely maps neatly onto a contract. The contract sets part of the price and the scheme fee schedules set more, while much of what was actually agreed sits in side letters, pricing files and emails, or was never written down. So FeeVerify breaks complex billing into its parts, from scheme components to acquirer markup, and rebuilds what each part should cost from every source available. Where a contract is silent, the gap is filled from those other sources and the rule is graded for confidence, so your team can see which terms rest on the contract and which were added.

FeeVerify rests on one belief from that work. What a business is billed should match what it agreed, and it should be able to prove it. The same picture then looks forward: each new month of billing is validated as it arrives, and the true cost of each provider and route gives a business clear economics for routing decisions and for negotiating better commercial deals.

What FeeVerify holds to

FeeVerify works to four values that shape the product as much as the company. Each one shows up somewhere you can check: in the source attached to every figure, in whose side FeeVerify sits on, in how the business is paid, and in the name on every material sign-off.

Proof over assertion

Every rule carries the clause it came from, and every figure in a report links to its clause or data row. The source sits next to the figure, so a reader can check it without asking.

Independence

FeeVerify processes and routes nothing, so its findings carry no commercial agenda. It works for the business paying the bill. Its findings are written to be put to a processor, acquirer, issuer or scheme in a recovery claim, and the same evidence shapes what comes next: where to route volume and what to ask for in the next negotiation.

Transparency

Every rule is graded for confidence, every agent action is logged, and the way FeeVerify is paid is stated on this page. The governance page answers procurement and audit questions one by one.

Human accountability

AI does the high-volume analysis, so clients need no new headcount. Experienced payments specialists steer the work, and a named reviewer signs off every material finding before anyone acts on it.

How is FeeVerify paid?

FeeVerify starts with a risk-aligned pilot: a 30-day diagnostic on your own data, so you see verified recoveries before any recurring fee. After that, FeeVerify earns a success fee on the value you accept, with no ongoing commitment. Continuous assurance is optional once the value is proven.

Under that model FeeVerify earns when a finding holds up and turns into money back, cost savings through optimisation, or revenue gained from better commercial decisions, which keeps it on the client's side. Whatever you decide after the diagnostic, you keep the rulebook and variance map built on your own data. Pilot fees and success-fee percentages are subject to contract, and the site does not publish them. To agree a pilot scope, get in touch.

Who is behind FeeVerify?

FeeVerify is people who know payments, working with technology built for the volume. Payments specialists steer every investigation and sign off every material finding, and AI does the reading and arithmetic that no team could do by hand. Neither half works without the other.

For the commercial data clients upload, FeeVerify acts as the data processor and the client remains the controller, as set out in the privacy policy.

Enquiries go to hello@feeverify.com, and questions about data go to privacy@feeverify.com.

The founding team

The founders bring careers spent inside the payment chain, in acquiring, issuing and processing, together with the commercial discipline and the technology that let a small team check every transaction.

Bernard Matthewman

Bernard Matthewman

Co-founder

Bernard has been a fintech founder and investor for more than 35 years, and built his payments experience as an operator. He founded Paynet Group, which ran outsourced issuing and acquirer processing, interchange and ATM services for banks in East Africa, built a corporate payments product in Zimbabwe that took the whole market, and was first in the world to link M-PESA to ATMs for cardless cash withdrawal. Interswitch acquired Paynet in 2015. He has since worked at board level with growing businesses, as a Client Partner at Motive Partners, and with tier-one banks across Africa, the Americas, Australia, the Middle East and Europe.

Bernard Matthewman on LinkedIn

Ron Webb

Ron Webb

Co-founder

Ron has spent more than 30 years in payments technology, as a technologist, executive, board member and adviser. He was Group Technology Director at Paynet for nearly two decades, then Group Director of Payments at Equity Bank, Director of Financial Services and Head of M-PESA at Safaricom, and Chief Digital Officer at Atlas Mara. Since 2019 he has advised banks and fintechs on digital banking and mobile money. He brings a builder's view of how payment systems calculate fees and pass them on.

Ron Webb on LinkedIn

James Carroll

James Carroll

Co-founder

James is an entrepreneurial business leader based in Dublin who has started and scaled technology businesses. He has led a global technology team across 15 countries focused on product innovation and digital platforms, and has deep experience in fund-raising, corporate finance and business operations. A chartered management accountant with a commerce degree from University College Cork, he brings commercial and financial discipline to how FeeVerify is built and run.

James Carroll on LinkedIn

Chris Southgate

Chris Southgate

Co-founder, technology

Chris leads FeeVerify's technology: the agentic engineering behind the Orchestrator and its specialist agents, and the controls that keep a named person accountable for every finding.

Chris Southgate on LinkedIn

Start with one month of your own data.

A pilot begins with the agreements that protect both sides, then your contracts and one month of settlement data, scoped with a payments specialist on the first call. The 30-day diagnostic re-costs every transaction against them and shows each variance with its clause, before any recurring fee.