Advapay OÜ

Advapay OÜ is an IT & business consulting company that provides turnkey fintech solutions for regulated payment service providers.

Our goal is to help you in selection of the optimal IT infrastructure and software solution, business model, licensing options, in establishing relationship with banks, external providers of payment services, including card issuers, money transfer systems, etc.

Licensing
License acquisition
  • Choice of jurisdiction
  • Business model development
  • Assistance in company registration and obtaining the licenses
  • Development of internal regulations, including the AML compliance manual etc.
  • Business plan development
  • Assistance in staff recruitment, office administration and maintenance
License management
  • License extension
  • Change of the owner
  • Implementation of a comprehensive automation system (back office, internet and mobile account management versions, AML monitoring etc.)
  • Building a hosting solution, deployment of servers (including PCI DSS-compliant)
  • Design and development of a company website
  • Development of gates with external systems
Support for business
Establishing relationships with partners as part of our program
  • Banks
  • Payment card issuers
  • Internet and mobile acquiring
  • Money transfer systems
  • Payment processing and clearing systems
  • SWIFT
  • Offshore company registration agents
Business process optimization
  • Accounting services
  • Technical support
  • Consultancy support
  • Business development strategy
News
Swiss National Bank and BIS use innovation hub to explore digital central bank money and DLT
18 October 2019

Swiss National Bank and BIS use innovation hub to explore digital central bank money and DLT

The Swiss National Bank (SNB) is working with the Bank for International Settlements (BIS) on an innovation hub in Switzerland that will initially focus on research into
18 October 2019

Banking-as-a-service, fintech investments, and PSD2 compliance – Interview with Advapay

Maxim Ivanchenko, founder and CEO of Advapay and Canopus IT describes the current state of the financial technology landscape, how Advapay is streamlining BaaS solutions to keep
14 October 2019

Financial IT interviews Gustav Korobov, Senior Sales Executive of Advapay OÜ

Financial IT speaks with Gustav Korobov, Senior Sales Executive of Advapay OÜ at PayExpo 2019.
14 October 2019

Bank Of England Handing Down Strict Regulations For Libra

The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow in order