Key Data

• Trading Name: Advapay
• Legal Entity: Advapay OÜ
  
• Activities: fintech and finreg services
  
• Location: Estonia, Netherlands
  
• Regulations: not regulated
  
• Key People: Maxim Ivanchenko (UBO)
  
• News: Advapay
• Latest update: 3 Aug, 2024

Background Information

Advapay is a consulting company that provides turnkey fin-tech solutions. The platform delivers all essential functionalities, a back-to-front system, and tools to customize and create new integrations. Maxim Ivanchenko founded Advapay in 2015.

With Advapay, potential and existing customers can connect either to the cloud-based SaaS or on-premise software.

Besides the technical infrastructure, the company provides business advisory and fintech licensing services.

In 2021, Advapay announced a partnership with Western Union to offer new payment and FX capabilities to fintech clients.

Compliance Check

Advapay is not a financial services provider, but a service provider for FinTechs and PayTechs. In this respect, we cannot assign a compliance rating. We also do not consider a risk rating to be possible at present.