Farzoom (Fazum)
Since 2015
Russia
Central Federal District of the Russian Federation
Moscow
121205, st. Nobel (Skolkovo Ter Innovation Center), 7, †. 61
Content |
Owners
Fazum the Russian is a microservice IT platform that includes more than 300 services and allows you to automate, bank business processes including CRM customer attraction, credit and warranty processes, processes for opening an account and providing additional banking services, factoring leasing, document flow and electronic archive, a full cycle of work with, electronic signatures document recognition and much more. The company's solutions have been successfully implemented in more than 20 Russian banks ones (data as of August 2023).
History
2023: Attracting investments from Rostelecom
On August 8, 2023, Rostelecom announced its investment in Fazum. Financial and other parameters of the agreement are not disclosed. It is only known that as a result of the transaction, the fintech platform will be consolidated into the Rostelecom group of companies. This investment is part of Rostelecom's strategy to expand its presence in the cloud digital solutions market for financial institutions and businesses, the company added.
Investment in Fazum will strengthen its position both in the fintech solutions market and in related sectors of the economy that experience similar needs for import substitution and the launch of new digital solutions. Together with Phase, we will be able to quickly launch new cloud services for the financial sector and scale the distribution of digital financial products to small and medium-sized businesses, said Dmitry Reidman, director of new digital products at Rostelecom. |
Fazum President Andrei Leushev, in turn, noted that cooperation with Rostelecom will allow the company to offer customers even better and innovative solutions. To do this, it is planned to focus on several areas:
- expanding the capabilities of the platform for comprehensive import substitution, providing banks with a platform and secure infrastructure for working in the Rostelecom cloud;
- providing banking products to small and medium-sized businesses;
- launch of new products.[1]
2016
Programmers' Cemetery. Why not all IT people want to work for corporations
Founder and top manager Andrei Leushev spoke about how he resigned from the post of deputy chairman of Promsvyazbank (part of the top 5 largest banks in Russia) and founded his company - in the article " Cemetery of Programmers. Why don't all IT people want to work for corporations. "
Main area of activity
The main area of activity for October 2016 is the creation of an open banking platform, which combines an application store for banks and the company's own grocery range based on a single front-end system.
Founder of Fazum
The founder of Fazum LLC with a 100% share as of October 2016 was Andrei Leushev.
2015: Founding of the Company
Fintech company Farzoom was organized in 2015.
Notes
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