The N3XT Generation of B2B payments
Current payment networks don’t work for anyone but those in the middle. We’re here to change that.
Our Mission
At N3XT, we believe money should move as seamlessly as information, across any platform or border, transparently and without delay. Our mission is to liberate money by making payments immediate, cost-efficient, and compliant.
Our Vision
N3XT is advancing a new era of instant payments — one that empowers all B2B businesses to transact with confidence. Our long-term vision is to modernize payments across the financial system, making the next generation of digital banking safe, easy, and lightning fast.
Meet Our Leadership Team
Jeffrey Wallis FounderChief Executive Officer & President
Jeffrey serves as Chief Executive Officer and President of N3XT, where he leads the company’s mission to liberate money. With more than two decades of experience in banking and regulated financial services, Jeffrey has guided organizations through rapid growth, digital transformation, and evolving regulatory landscapes. He previously served as Director of Digital Asset and Web3 Strategy at Signature Bank.
Scott Shay Founder Founder
Scott is Founder of N3XT. Previously, he was a founder of Bank United of Texas, Merrick Bank and Signature Bank, as well as a founding director of Ranieri Partners, Super Derivatives, Shellpoint Mortgage, Home Partners of America, and the Elah Funds. Scott was also the creator of Signet, the first 24/7 blockchain enabled bank money transfer system that enjoyed enormous success and popularity within the compliant crypto industry.
Aurélien Bonnel FounderChief Technology Officer
Aurélien serves as Chief Technology Officer of N3XT, overseeing the strategy and development of N3XT's digital platform and infrastructure. Aurélien has spent more than 14 years developing secure, scalable systems, including at Tassat Pay and Deutsche Bank. He builds frictionless, real-time payments and asset transfer experiences for consumers and businesses alike.
Kyle O’Donnell FounderChief Information Officer
Kyle serves as Chief Information Officer of N3XT, where he oversees the firm’s infrastructure and information security. With a foundation in building low-latency trading systems at the Royal Bank of Canada, Kyle has spent over 20 years in capital markets technology delivering regulated, high-speed financial infrastructure. Most recently, he held senior leadership roles at Signature Bank and Tassat Pay, where he implemented blockchain-based payment networks.
Tiffiney PetersonChief Financial Officer
Tiffiney serves as Chief Financial Officer of N3XT. A seasoned executive with over 28 years of experience in the banking industry — including 26 years at Merrick Bank, where she was pivotal in its growth to over $7 billion in assets — Tiffiney develops and leads all aspects of the reporting and operational accounting functions at N3XT.
Amanda OrtegaChief Compliance Officer
Amanda serves as Chief Compliance Officer and Bank Secrecy Act Officer of N3XT. Amanda has more than two decades of banking experience and is a true expert in regulatory compliance, specializing in U.S. banking regulation and blockchain financial infrastructure. Previously, she spent 12 years with the Wyoming Division of Banking, where she served as Deputy Banking Commissioner and Chief Bank Examiner.
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FAQs
Yes. N3XT is a fully reserved, Wyoming-chartered special purpose depository institution with a banking charter. N3XT has a narrow, purpose-built model. We accept deposits and enable real-time B2B payments, but do not lend. All deposits are backed 1:1 by cash or ultra-short-term U.S. Treasuries.
Today’s payment infrastructure is not designed for a 24/7 digital economy.
Settlement delays create friction and introduce counterparty risk and duration mismatch. Businesses face slower access to working capital and higher exposure to operating risks.
N3XT enables real-time, transparent, low-cost settlement for trusted B2B clients. The system provides continuous, programmable payments that reduce latency and improve capital efficiency. By minimizing settlement risk, N3XT lowers the need for credit and improves overall market function.
Unlike traditional banks, N3XT client's funds are backed 1:1 by cash or ultra-short-term U.S. Treasuries. In a wind-down scenario, all funds can be returned in full on the same day. N3XT does not participate in FDIC insurance because there is no need for a government backstop.
N3XT provides critical connective tissue for fiat movement into and out of stablecoin environments. N3XT will help regulated stablecoin issuers meet their compliance requirements. For businesses that don’t yet transact in stablecoins, we offer a familiar, USD-based 24/7 alternative. The platform is complementary to stablecoin innovation.
Wyoming’s SPDI framework provides a clear, enforceable regulatory structure. It is structurally safer and more transparent than the federal banking charter model, because of its focus on full-reserve requirements and no lending. At N3XT, all customer deposits are held in cash or short-term U.S. Treasuries. The SPDI model enables high regulatory standards without reliance on federal deposit insurance.
Ready to Transform Your Payments?
Get in TouchN3XT is more than just a payment network — it enables a new era for B2B transactions. By addressing the core issues of complexity, inefficiency, and opacity, N3XT empowers businesses to transact with confidence, security, and speed.
Join us in liberating money. Reach out to learn more.
