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.

Fintech consulting including licensing stage
  • Development of a business model and product line
  • Assistance in opening of a safeguarding account
  • Development of internal policies, risk operation policies
  • Development of a business plan and IT solution scheme
  • 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
Fintech and Generation Z
20 February 2020

Future of fintech dominated by Generation Z

These days everyone is talking about millennials but banking and payment providers should be one step ahead - target and build relationships with Generation Z, customers born
13 February 2020

Fintech after Brexit

Brexit is happening: the UK left the EU on 31 January 2020. It has entered an implementation period which is due to operate until 31 December 2020.
03 February 2020

Opening a Safeguarding account: here's how to do it

European Authorised Payment Institutions (PIs) and Electronic Money Institutions (EMIs) must comply with certain safeguarding requirements according to PDS2 Directive (Directive 2015/2336/EU) and the EMI Directive (Directive
16 January 2020

Fintech market wrap-up 2. Goodbye, cryptocurrency? Hello, cryptocurrency!

1) Finally, Crypto-companies and cryptocurrency exchanges are considered “obliged entities” to perform customer due diligence and submit suspicious activity reports. On January 10th, 2020, the Fifth Money