Sign In
Get Clay Free →

Suggestions

    Yuri Aleks

    CEO & Co-Founder at JoomPay

    Yuri Alekseev is the CEO and co-founder of JoomPay, a fintech company based in Luxembourg that focused on providing payment solutions for both B2B and B2C markets.12 JoomPay was launched to bring a simple and effective peer-to-peer payment solution to Europe, aiming to emulate the success of apps like Venmo in the US.5

    Under Alekseev's leadership, JoomPay developed various payment solutions, including:

    1. Payouts for global marketplaces
    2. Payment acceptance for clients worldwide
    3. B2C features for daily banking in Europe2

    In November 2020, JoomPay received an e-money license in Luxembourg, which Alekseev noted was an ideal location for the company due to its financial stability, well-developed regulatory environment, and experience with leading FinTech players.3

    However, it's important to note that as of February 26, 2025, JoomPay has been acquired by Vivid, a Berlin-based mobile finance platform. The acquisition, which was announced on January 10, 2024, included JoomPay's E-Money License in Luxembourg and its team of 25 talents.4 Following this acquisition, JoomPay Europe S.A. was renamed to Vivid Money S.A., and its existing customers were to be transitioned to Vivid's platform.4

    Highlights

    Jan 10 · press.vivid.money
    Licence, Team and Technology Platform: Vivid acquires Joompay
    Mar 23 · leadiq.com
    Joompay Company Overview, Contact Details & Competitors | LeadIQ
    Mar 23 · veriff.com
    Joompay keeps money moving effortlessly across Europe - Veriff
    Feb 4 · techcrunch.com
    Joompay launches its bill-splitting payment app across Europe to ...
    JoomPay, Luxembourg headquartered social finance app, receives ...
    Nov 24 · techcrunch.com
    Looking to emulate Venmo, JoomPay preps a Euro launch for easy ...

    Related Questions

    What inspired Yuri Aleks to start JoomPay?
    How did Yuri Aleks' background influence the development of JoomPay?
    What are the key features of JoomPay's bill-splitting app?
    How does JoomPay's partnership with Visa benefit its users?
    What challenges did Yuri Aleks face while launching JoomPay?
    Yuri Aleks
    Yuri Aleks, photo 1
    Yuri Aleks, photo 2
    Add to my network

    Location

    Luxembourg