Best Payments Companies in Russia
The 59 best Payments companies in Russia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: 2can.
Russia's Payments sector is smaller than the global noise suggests, and this directory cuts through it: 59 tracked companies, $30M in total disclosed funding, zero unicorns. 2can leads the pack at $10M raised, followed by Ubank at $8M and PayQR at $5M. The global payments market is forecast to climb from $511.9B to $847.6B by 2027 at 8.9% CAGR, driven by open banking, contactless adoption and blockchain rails. Russia's slice of that story is more constrained, shaped by regulatory gaps that have slowed institutional capital from flowing freely into the space.
So what's actually moving? Faster payments infrastructure is the hot theme right now, and you can feel it globally too: Raenest's India push for predictable cross-border payouts and Primer's $100M Series C for AI payments infrastructure both signal where builder capital is concentrating. I'd watch how those trends pressure domestic Russian fintechs to modernize their rails. Investors like Baring Vostok and Almaz Capital have kept the local ecosystem alive, but coverage remains flat and the funding base is thin. The opportunity is real; the execution gap is realer.
Our analysis of 150 Payments companies
$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Payments companies in Russia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 2can Mobile based card reader for Russian market | $10M | 107 mo ago | Series B | — | 2012 | Animate.cssMicrosoft ASP.NETRequireJS+9 | — |
| 2 | Ubank Provider of a modular banking platform for online financial services | $8M | 160 mo ago | Series A | Felix Khachatryan Founder | 2006 | — | — |
| 3 | PayQR QR code based mobile payment system popular in Russia | $5M | 125 mo ago | Series A | Gleb Markov Founder | 2013 | Node.jsNginxExpress+8 | — |
| 4 | PIM Solutions Provider of delivery management solutions for online stores | $4M | 65 mo ago | Series A | — | 2012 | PHPVue.jsIsotope+16 | — |
| 5 | Lifepay Mobile solution for the acceptance of credit card payments. | $3M | 163 mo ago | Seed | Vyacheslav Semenchuk Founder | 2012 | WordPressMySQLPHP+20 | — |
| 6 | VENDi Mobile payment app for vending machine | $28K | 130 mo ago | Deadpooled | — | 2014 | — | — |
| 7 | Sravni Financial product comparison platform | — | 68 mo ago | Seed | — | 2009 | SentryBootstrapKnockout.js+17 | — |
| 8 | SWiP Card-linked wallet | — | 77 mo ago | Series A | Ksenia Konstantinova Co-Founder | 2018 | WordPressMySQLPHP+16 | 1 launch |
Top 10 Payments companies in Russia
#1
Series A · Moscow, Moscow · founded 2012 · 51 employees$4.5Mraised▾
Provider of delivery management solutions for online stores. The solutions offer features for parcel controlling, delivery service management, tracking, reconciliations, etc. It also offers financial optimization solutions for logistics.
- Feb 2021Angel$1.3M
- Jul 2018Series A$3.2M
#2
Series B · Moscow, Moscow · founded 2012 · 23 employees$9.6Mraised▾
2can (Smartfin) allows merchants to use iOS and Android smartphones or tablets as secure terminals for accepting card payments with a special app and a small card reader that connects via a 3.5 mm audio jack. Additional options by 2can include ERP integration, use of order number, bar code/QR-code scanning from the order form, integration with the mobile fiscal register and fiscal check print-out option. Its mobile terminals have processed more than 300 million rubles (approximately $9 million) to date, with more than 13,000 card readers distributed and 6,000 of these have been activated.
- Jul 2017Series B$3M
- Mar 2014Series B$5M
- Oct 2012Series A$1.6M
#3
Series A · Moscow, Moscow · founded 2013 · 51 employees$5.4Mraised▾
A QR code based mobile payment system, the first and largest in Russia. Users have to register their debit or credit with the app and then can purchase any product with a QR code over it by simply scanning it with PayQR mobile application. No additional hardware is required and hence it is a low cost alternative payment method. Once the user scans and pays for a product via PayQR, it can be shipped by an online store where it is available. PayQR also offer other value added services such as consumer analytics, loyalty rewards etc. The app is available both on iOS and Android stores.
- Feb 2016Series A$3.9M
- Dec 2014Seed$1.5M
#4
Series A · Moscow, Moscow · founded 2006$8Mraised▾
Provider of a modular banking platform for online financial services. This platform offers a flexible architecture enabling the rapid development and deployment of online banking solutions. It includes modules for payment processing, card processing, and integration with existing banking systems. The platform supports the creation of mobile applications and websites for customer self-service. A modular approach allows for customization to meet specific client needs. The platform is designed for scalability and reliability, supporting high transaction volumes. It offers both cloud-based and on-premise deployment options.
- Feb 2013Series A$8M
#5
Seed · Moscow, Moscow · founded 2012 · 34 employees$2.6Mraised▾
LifePay is the mobile solution for payment acceptance market. Company provides admission of the credit card payments on smartphones with full guarantee transaction security. Payments can be accepted with the help of a special Life Pay cardreader, connected to a smartphone (based on Android or iOS) with the installed mobile app. Cardreader is free – Generates revenue by subtracting a 2.7% percentage of each transaction. Operation’s safety meets the requirements of PCI DSS. All of the statistics are accounted in the personal office.
- Dec 2012Seed$2.6M
#6
Deadpooled · Samara, Samara Oblast · founded 2014 · 3 employees$28.4Kraised▾
Vendi is mobile wallet app that lets you buy from the vending machings from the app. Software and hardware module connected to the payment bus links the vending machine to cloud platform. The entire purchasing process is inside client's mobile application. The system allows to pay in vending machines cashless using a smartphone and any source of payment: credit cards, mobile account, e-wallet. System monitors the state of the vending machine, the status of the machine's payment bus, information about sales, cost of goods and ingredients. It allows promotions, discounts, loyalty programs.
- Aug 2015Seed$28.4K
- Grant (prize money)—
#7
Seed · Moscow, Moscow · founded 2009 · 350 employees—raised▾
Sravni provides an online platform to compare various services provided by financial institutions. Platform provides comparison among deposit accounts, loan providers, debit and credit card providers, insurance providers, currency exchange rates, mortgage rates, and more.
- Oct 2020Seed—
- 2014Seed—
#8
Series A · Moscow, Moscow · founded 2018 · 11 employees—raised▾
Swip provides a card-linked wallet to consumers. Its services include money transfer, in-store payments, online payments, QR-based payments, and bill payments. It also enables users to make in-store payments by clicking selfies from the phone. It can be accessed through the app that is available on iOS and Android devices.
- Jan 2020Series A—
#9
Series A · Yekaterinburg, Sverdlovsk Oblast · founded 2014—raised▾
Mepkata provides online cash desk and web services for business management. It offers multiple products such as mobile cash desk, cash terminals, cash register set, etc. Offers cash register applications which can be installed on the computer and mobile devices.
- Dec 2017Series A—
#10
Series A · Moscow, Moscow · founded 2003—raised▾
Provider of mobile payment and money transfer services. This platform facilitates payments for various services including mobile communication, internet, utilities, transportation, and loan repayments. Users can also send money to others via mobile transfers, card transfers, or account transfers. The service supports multiple operators for various service categories.
- Aug 2012Series A—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Payments is moving in Russia
A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 245 Russia-affiliated papers.
- Financial University33
- The Russian Presidential Academy of National Economy and Public Administration13
- Lomonosov Moscow State University12
- Kutafin Moscow State Law University11
- Plekhanov Russian University of Economics10
- Payment system3
- Service (business)2
- Blockchain1
- Cryptocurrency1
- Monetary system1
- Payment system4→18
- Payment service provider1→9
- Currency1→7
- Mobile payment3→7
- Context (archaeology)1→5
- Payment system6→28
- Digital currency1→9
- Payment service provider4→11
- Currency2→9
- Settlement (finance)1→6
Where digital payments is researched across Russia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.