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Advapay's Overview

Total employees34
HeadquartersTallinn
Founded2015

Advapay is a technology company that provides Core Banking and Payment solutions for Fintechs and Digital Banks. They offer a comprehensive SaaS platform, Macrobank, designed to enable businesses to launch and manage financial services efficiently. Their solutions cover areas such as payment processing, card issuing, digital wallets, and regulatory compliance, aiming to empower clients to innovate and scale in the competitive financial landscape. Advapay focuses on delivering flexible, customizable, and compliant technology to meet the diverse needs of modern financial institutions.

Where is Advapay's Headquarters?

HQ Function

The Tallinn headquarters serves as the central hub for Advapay's strategic operations, product development, engineering, sales, and administrative functions.

Notable Features:

Located in a modern business district, the office is designed to foster collaboration and innovation among its teams. Specific architectural highlights are not widely publicized, but it's equipped with contemporary office amenities.

Work Culture:

Advapay promotes a dynamic and innovative work culture, typical of a fintech company. There's an emphasis on technological excellence, customer-centric solutions, agility, and continuous learning to adapt to the fast-evolving financial technology sector.

HQ Significance:

The Tallinn HQ is significant due to Estonia's advanced digital infrastructure and supportive ecosystem for tech startups and fintech companies, providing Advapay with access to talent and a progressive regulatory environment.

Values Reflected in HQ: The headquarters likely reflects Advapay's values of innovation, efficiency, and collaboration, providing an environment conducive to developing cutting-edge financial technology.

Location:

Advapay supports clients globally, primarily through its technologically advanced SaaS platform and its central operations in Estonia. While physical offices may be concentrated, their services are designed for international fintechs and digital banks, indicating a global reach in terms of client base and service provision. They participate in international fintech events to engage with a worldwide audience.

Street Address:

Pärnu mnt 10, Kesklinna linnaosa

City:

Tallinn

State/Province:

Harju maakond

Country:

Estonia

Advapay's Global Presence

No other distinct physical office locations are prominently listed. Operations are primarily centered in Tallinn.

Address: N/A

Focus is on leveraging the Tallinn hub for global service delivery, potentially supplemented by remote capabilities rather than multiple physical international offices.

Buying Intent Signals for Advapay

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Advapay

As of April 2025, Advapay' leadership includes:

Gustav Korobov - CEO & Co-founder
Andrey Borzenkov - CTO & Co-founder
Olga Saugen - Chief Business Development Officer

Investors of Advapay

Advapay has been backed by several prominent investors over the years, including:

Information on specific venture capital or private equity investors is not widely publicized. Advapay may be bootstrapped, privately funded, or have received grants (e.g., they have mentioned support from the EU Regional Development Fund for specific projects).

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

No major high-profile executive hires or exits have been publicly announced by Advapay in the last 12 months through common news channels. The core leadership team appears stable.

Departures

N/A, No publicly reported executive departures in the last 12 months.

New Appointments:

N/A, No publicly reported new executive appointments in the last 12 months.

Technology (Tech Stack) used by Advapay

Discover the tools Advapay uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Advapay Email Formats and Examples

Advapay likely uses common professional email formats. Based on general industry practice and company size, the most probable format is firstname.lastname@advapay.eu or firstinitiallastname@advapay.eu.

firstname.lastname@advapay.eu

Format

gustav.korobov@advapay.eu

Example

85%

Success rate

News and media

advapay.euJune 2, 2023

Advapay news title: Advapay at Money 20/20 Europe!

Advapay announced its participation in Money 20/20 Europe, one of the largest fintech events, held in Amsterdam. The company showcased its Core Banking platform Macrobank and discussed opportunities for digital banks and EMIs....more

advapay.euMay 11, 2023

Advapay news title: Advapay Released a New Version of its Macrobank Platform with Updated Design and Features

Advapay announced the release of an updated version of its Core Banking platform, Macrobank. The new version features an improved user interface and new functionalities aimed at enhancing the user experience for financial institutions....more

advapay.euJuly 12, 2021

Advapay news title: Advapay Has Joined the Visa Fintech Fast Track Program

Advapay became a member of the Visa Fintech Fast Track Program, enabling them to accelerate the process of integrating with Visa and offer faster go-to-market for their clients launching card programs....more

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