Advapay

Advapay (formerly Canopus Innovative Technologies) is a provider of Macrobank's digital banking platform.

Products and Services

Macrobank provides all the necessary functions for digital banks and fintech companies: a back office for controlling and managing banking and transactions, web and mobile applications for end users, as well as ready-made integrations with various services.

In addition to the digital banking platform, Advapay provides professional fintech consulting, as well as assistance in licensing payment systems or electronic money issuers.

(data as of September 2022)

History

2016

As of December 2016, Advapay/Canopus Innovative Technologies is a business integrator that, together with a partner network, provided services for creating a turnkey payment business - comprehensive solutions and consulting services. The company helped in choosing the optimal infrastructure, jurisdiction, type of license, business model, in licensing, as well as in establishing relations with banks, external payment systems and payment service providers, including card issuers, money transfer systems, etc.

The company has established a number of partnerships with representatives of the banking sector and the payment services market. Projects were implemented in the field of obtaining and expanding licenses for European payment companies, contracts for the supply of software were concluded.

It is worth noting the expansion of the geography of the company's activities - in 2016 the opening of the Advapay office in Estonia took place. At the same time, the first foreign business seminar was held, which brought together significant figures in the payment business from England, Italy, the Baltic states, Austria and many other countries.