Shorter chain between points lessens possibility of mistakes and increases speed of operations.
We anticipate to reduce typical e-commerce SMB' acquiring, payments and associated costs by at least 50%
Our responsibility is to provide maximum possible security in a world, where no safety measure should be considered as too excessive.
Credit card sized, 1 mm thin digital OTP generator is used to approve client initiated transactions
Mobile MAC and OTP password generator for secure and convenient two factor authentication of client transactions
Our founders and management have pulled their financial resources and extensive knowledge in banking, acquiring and information technology development in a mission of creating a unique payments application for the rapidly changing e-commerce landscape.
Chairman of the Board of DirectorsLinkedIn Profile
Graduated with honours in aerospace engineering from the Bauman Moscow State Technical University in 1989. Finished a postgraduate course in industrial engineering at the Moscow State Mining Institute. His studies involved system analysis and mathematical methods in decision making in multifactor environment. Set up Canopus Software Laboratory in 1993 and made it an IT company that specializes in comprehensive core software solutions and mobile applications for banks and financial institutions. Successfully completed over 150 implementations of its software products - CANOPUS MacroBank and CANOPUS EpaySuite. Established Advapay OU, a company that offers a full range of integrated services related to setting up a payment institution businesses from scratch.
Member of the Board of Directors in charge of ComplianceLinkedIn Profile
Financial services executive with over 20 years of banking, finance, payments processing and fintech application development experience. Served as a top executive, vice-president, CEO and board member of 3 different banks and 2 mutual fund management companies, also as Chief Operations Officer of Net Element, Inc., NASDAQ listed fintech company. Accumulated vast knowledge of alternative payment systems, micro-finance and IT technologies sectors as a managing partner of the fintech consultancy firm. Obtained Bachelor degree in Banking and Finance from the Institute of Modern Business in Moscow, Russia and was awarded an MBA degree from the University of Warwick, Coventry, United Kingdom. Dmitrijus is an ACAMS accredited anti-money laundering specialist.
Member of the Board of DirectorsLinkedIn Profile
Accomplished entrepreneur and executive with over 11 years experience in small and medium business development. Took management over his father's business in 2008 and expanded local small production business into international manufacturer and multi-business holding. Expanded and diversified business by entering several new industries such as commodity trade, waste management, logistics, real estate and financial services. Graduated from Stockholm School of Economics in Riga, Latvia and has a degree of BSc in Economics and Business.