Maxpay

Company profile

Maxpay company profile

Maxpay is a full scope Payment Service Provider focused on card processing and professional business support. Acting as a one-stop shop for its clients: starting from incorporation services, merchant accounts, and payment optimization, to solving a last-mile challenge with risk management and legal consulting. It also offers a variety of alternative payment methods and technical solutions for online platforms. In 2016 Maxpay introduced its risk management platform Covery and made it available for the wide market as a turnkey solution. Covery gained big demand as marketing anti-fraud, user account protection, payment fraud prevention, and KYC and AML solution provider between e-commerce and fintech clients. Covery is included in the list of the most promising fraud detection startups in Europe by Merchant Fraud Journal. In 2020, with a turnover exceeding 2,6 billion dollars and over 251,4 million transactions being processed in 197 countries since 2015, Maxpay was put at 306th place in the “FT 1000: annual list of Europe’s fastest-growing companies” from The Financial Times, with a compound annual growth rate of 85,7%. Maxpay’s CEO, Artem Tymoshenko, got the Global CEO Excellence Award as an Online Payments CEO of the year in Europe.