Russian mobile acquiring service 2can & ibox will attract from $ 3 million to conquer Vietnam
The Russian company 2can & ibox, recently formed by merging services of the same name, enters the Vietnamese market. To launch mobile acquiring of credit cards in the new market, the company will need at least $ 3 million.
These funds will go to product development and marketing for promotion in Asia. So far, the service has only $ 0.5 million. The founder and former CEO of 2can, Nikolai Zhmurenko, said that the investment round was scheduled for the end of 2015. According to his estimates, the company must raise from $ 3 million to $ 6 million.
The CEO of Smartfina (controls 2can) Pavel Glushenkov said that at first the service worked with individual entrepreneurs and small businesses, but then he began to serve medium-sized businesses. Smartfin is an analogue of the American system en.wikipedia.org/wiki/Square , _Inc. Squre. The hardware-software complex consists of a device for calculations and software. Users can use a smartphone or tablet as an acquiring device.
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Companies liked the markets of Vietnam, Indonesia and Thailand, as there are many small and medium-sized businesses, there are widespread bank cards and there are no strong players, said Sergey Azatyan, managing partner of InVenture Partners . He explained the choice of Vietnam for the first step by saying that it was possible to better organize the infrastructure and reach an agreement with partners - banks and retail chains.
According to CrunchBase, the first investment 2can attracted in September 2012 from InVenture Partners and Almaz Capital . In March 2014, the same investors, as well as the “UST Group” Grigory Berezkin, participated in a new round of investments of $ 5 million.
"Megamind" wrote that in June, the creators of the mobile acquiring service 2can teamed up with rival company iboxmpos.com/russia/ru iBox. The company formed as a result of the merger was estimated at $ 20 million. The merger will allow you to take 50% (by turnover) of the mobile acquiring market. In addition, according to the service management plan, the ibox, after the merger, was to diversify in Russia and attract 2can technology to work with small and medium-sized companies in Asia.
Following the merger of mobile acquiring services 2can and ibox, two more Russian services started the merger talks. True, it’s too early to talk about the positive outcome of the LifePay and Pay-Me talks. The procedure for ru.wikipedia.org/wiki/Due_diligence due diligence, which will last several months, has not yet been completed. According to Anton Inshutin, managing partner of Inventure Partners, in the event of a merger of Pay-Me and LifePay, the Russian mobile acquiring market will be divided between two players.
Over the past year, the mobile acquiring market has tripled. This year it will grow even more. Kanin notes that such major players as Sberbank became interested in mobile acquiring. This indicates great prospects for this direction.
These funds will go to product development and marketing for promotion in Asia. So far, the service has only $ 0.5 million. The founder and former CEO of 2can, Nikolai Zhmurenko, said that the investment round was scheduled for the end of 2015. According to his estimates, the company must raise from $ 3 million to $ 6 million.
The CEO of Smartfina (controls 2can) Pavel Glushenkov said that at first the service worked with individual entrepreneurs and small businesses, but then he began to serve medium-sized businesses. Smartfin is an analogue of the American system en.wikipedia.org/wiki/Square , _Inc. Squre. The hardware-software complex consists of a device for calculations and software. Users can use a smartphone or tablet as an acquiring device.
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Companies liked the markets of Vietnam, Indonesia and Thailand, as there are many small and medium-sized businesses, there are widespread bank cards and there are no strong players, said Sergey Azatyan, managing partner of InVenture Partners . He explained the choice of Vietnam for the first step by saying that it was possible to better organize the infrastructure and reach an agreement with partners - banks and retail chains.
According to CrunchBase, the first investment 2can attracted in September 2012 from InVenture Partners and Almaz Capital . In March 2014, the same investors, as well as the “UST Group” Grigory Berezkin, participated in a new round of investments of $ 5 million.
"Megamind" wrote that in June, the creators of the mobile acquiring service 2can teamed up with rival company iboxmpos.com/russia/ru iBox. The company formed as a result of the merger was estimated at $ 20 million. The merger will allow you to take 50% (by turnover) of the mobile acquiring market. In addition, according to the service management plan, the ibox, after the merger, was to diversify in Russia and attract 2can technology to work with small and medium-sized companies in Asia.
Following the merger of mobile acquiring services 2can and ibox, two more Russian services started the merger talks. True, it’s too early to talk about the positive outcome of the LifePay and Pay-Me talks. The procedure for ru.wikipedia.org/wiki/Due_diligence due diligence, which will last several months, has not yet been completed. According to Anton Inshutin, managing partner of Inventure Partners, in the event of a merger of Pay-Me and LifePay, the Russian mobile acquiring market will be divided between two players.
Over the past year, the mobile acquiring market has tripled. This year it will grow even more. Kanin notes that such major players as Sberbank became interested in mobile acquiring. This indicates great prospects for this direction.
Source: https://habr.com/ru/post/294876/
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