Forwardly
 | |
| Payment Solutions | |
| Founded | 2022 |
| Founder |
|
| Headquarters | 2093 Philadelphia Pike #1018, Claymont, Delaware, United States |
Area served | United States |
Number of employees | 51–100 |
| Website | forwardly |
Forwardly is the U.S.-based financial technology company that provides real-time business payment solutions designed for small and medium-sized enterprises.[1] Headquartered in Claymont, Delaware, the platform enables businesses to send and receive payments instantly, 24/7, without traditional processing delays.[2]
Company History
Founded in 2022 by Nick Chandi, Jag Barpagga, and Diljot Mutti, Forwardly has gained recognition for its innovative approach to streamlining B2B transactions, particularly in accounting and finance workflows. Forwardly originated from ForwardAI, which continues as the parent company. The company rebranded as Forwardly to focus on real-time payment technologies tailored for small businesses. As a next-generation payment platform, Forwardly integrates cutting-edge features to eliminate cash flow bottlenecks through real-time bank transfers, same-day ACH, and credit card payments.[3]
The platform introduces 4-way sync technology, ensuring invoice and bill updates automatically reflect across accounting systems for businesses, their vendors, and customers. This reduces reconciliation errors and simplifies bookkeeping. Forwardly integrates with major accounting software, including QuickBooks Online, Xero, FreshBooks, and ZohoBooks.
Forwardly offers no monthly fees, real-time transaction tracking, automated workflows, and advanced approval systems for bill payments. Security is enforced through bank-grade encryption and compliance with industry standards. Businesses can also split bills, schedule payments in advance, and customize access and approval workflows.[4]
Products and Services
Forwardly offers a comprehensive suite of payment solutions designed to simplify and accelerate how small businesses manage their financial operations. The platform enables real-time payments, allowing businesses to send and receive funds instantly, 24/7, through instant bank transfers, same-day ACH, or credit card transactions. With its 4-way sync technology, Forwardly ensures that invoice and bill updates are automatically reflected across the accounting systems of businesses, their customers, and vendors, reducing reconciliation errors and improving bookkeeping accuracy
Security
Forwardly implements high-level security protocols, including end-to-end encryption, advanced fraud detection, and compliance with financial regulations. These measures ensure the safety of all transactions and sensitive data on the platform.[5]
Parent Company
Forwardly operates under its parent company ForwardAI, which was originally established to provide financial APIs and data solutions. ForwardAI continues to exist independently at forwardai.com, supporting broader fintech innovations.
Awards and Recognition
Forwardly has received multiple awards and recognitions, both under its current name and as ForwardAI:
- CPA Practice Advisor Technology Innovation Award (2024)
- Best Real-Time Payment Solution Award
- Accounting Tech of the Year – US Fintech Awards
- Ranked #17 on FoundersPress’s List of Fastest Growing Fintech Companies
References
- ↑ "Forwardly". QuickBooks App Store. Intuit. Retrieved 21 May 2025.
- ↑ "Forwardly Reviews and Features". SoftwareSuggest. Retrieved 21 May 2025.
- ↑ Smith, William (15 January 2024). "A Second Look at Forwardly". Insightful Accountant. Retrieved 21 May 2025.
- ↑ "Forwardly Launches Instant Bill Payment Solution". CPA Practice Advisor. 24 January 2024. Retrieved 21 May 2025.
- ↑ "Forwardly Adds 'Pay by Credit Card' to B2B Payments Platform". PYMNTS.com. 2024. Retrieved 21 May 2025.