About Advapay
Advapay is a company based in Tallinn (Estonia) founded in 2015 by Maxim Ivanchenko. It operates as a SaaS (Software-as-a-Service), and Professional Services. Advapay offers products and services including Core Banking Software, BaaS Solutions, and Fintech Consulting. Advapay operates in a competitive market with competitors including nCino, ION Group, Tuum, Thought Machine and Backbase, among others.
- Headquarter Tallinn, Estonia
- Founders Maxim Ivanchenko
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Sectors
Financial ServicesBusiness Services
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Email
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Website
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Social
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- Legal Name Advapay Oü
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Annual Revenue
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Products & Services of Advapay
Advapay offers a comprehensive portfolio of products and services, including Core Banking Software, BaaS Solutions, and Fintech Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for digital banking operations is provided comprehensively.
Payment infrastructure development is supported through BaaS solutions.
Consulting for fintech licensing and operations is offered.
Funding Insights of Advapay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Advapay
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Advapay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advapay Comparisons
Competitors of Advapay
Advapay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as nCino, ION Group, Tuum, Thought Machine and Backbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based API platform for banking operations is provided.
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Treasury management solutions are provided for financial institutions and banks.
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| domain | founded_year | HQ Location |
Cloud-native API-first core banking platform is provided for banks.
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| domain | founded_year | HQ Location |
Cloud-based platform for core banking is developed via APIs.
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AI-powered banking platforms are provided for operational growth.
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| domain | founded_year | HQ Location |
Cloud-based core banking solutions are offered to financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Advapay
Frequently Asked Questions about Advapay
When was Advapay founded?
Advapay was founded in 2015.
Where is Advapay located?
Advapay is headquartered in Tallinn, Estonia.
What does Advapay do?
Advapay is established as a provider of core banking software and fintech consulting services. Solutions for digital banks, e-wallets, crypto-fiat wallets, e-commerce, crowdfunding platforms, and micro-finance institutions are offered. Support in payment infrastructure through BaaS solutions is provided, alongside assistance in obtaining payment, e-money, and crypto licenses. The company operates across multiple verticals within the fintech sector, delivering end-to-end solutions for launching and managing fintech businesses.
Who are the top competitors of Advapay?
Advapay's top competitors include nCino, Thought Machine and Tuum.
What products or services does Advapay offer?
Advapay offers Core Banking Software, BaaS Solutions, and Fintech Consulting.
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