EXHIBIT 21
NetPay International, Inc. Subsidiaries
The companies listed below are the majority-owned subsidiaries of the registrant as of December 31, 2020.
| Name of Subsidiary | % of ownership | State in which Incorporated | ||
| NetPay (USA), Inc.* | 90% | Delaware |
* NetPay (USA), Inc. was established on September 24, 2018, placed in service on December 5, 2018.
