MOBI.Money, with its slogan "Empowering Russian mobile users with seamless payment solutions since 2009," stands as a significant player in the Russian fintech landscape. Founded in 2006, the company specializes in mobile payment processing, enabling subscribers to utilize their mobile accounts for transactions and money transfers, a feature supported by the versatile PayCash technology.
The company has established itself as a pioneer by executing its first mobile account payment transaction in 2009. Since then, it has expanded its services to over 16 million customers, offering products like mobile payments, transfers, top-ups, and a co-branded mobile virtual card endorsed by Visa and MasterCard.
Supported from inception by VTB Capital Investment Management, a key player with a VC management portfolio of over $300M, MOBI.Money had its last Seed Round investment led by VTB Capital. Under the leadership of Maxim Evdokimov, with deep-rooted expertise in internet and telecom solutions, the company's strategic approach offers promising growth and expansion opportunities within the thriving Russian fintech sector.
