Acquire a state-of-the-art instant payment network that holds a 25% market share in its regionThe Business
Established in 2006, the Company has a network of 1600 payment terminals located in the northwestern Russia and a 25% market share in the region. The network enables instant payments for more than 900 cellular communication operators, Internet providers, cable and satellite TV, credit, housing and public utility bills and many other services. The Company’s professional staff, now more than 250 employees, ensure 24/7 operation of the network and operate its own call and client service center.
Network terminals operate using the Company’s own software from hosting servers at its own data center. The data center is manned by highly professional technical specialists who are responsible for support, maintenance and further development.
The Company acquires terminals from Russia’s leading manufacturers. All terminals meet new requirements of Federal regulations regarding cash transactions.
Market
The Company has direct agreements to accept payments for many services providers and it has partnership relationships with the other payment systems in the Russian market.
Company shareholders are offering the sale of a blocking stake (up to 100% of shares).
Sector: Information TechnologySegment: Payment ProcessingRegion: RussiaFinancing Size: $5m to $20mContact: Inna Yumasheva
Company: Meridian CapitalTelephone: +7 495 937 5933Email: [email protected]