What Compass Plus does

Compass Plus (ООО «Компас Плюс») is a privately held Russian software vendor headquartered in Magnitogorsk that develops and sells the TranzWare/TranzAxis payment processing platform to banks, processing centers, payment aggregators, and Islamic financial institutions across Russia and CIS markets. Its portfolio spans the full payment value chain: card issuing and personalization, merchant acquiring, e-commerce payment gateway, fraud management (FRX), digital banking (DBO), ATM management, Fast Payment System (SBP) integration, BNPL, Islamic banking modules, Open Banking APIs, and Digital Ruble support — all built on a domestic-Russian technology stack (PostgreSQL, Postgres Pro, Astra Linux, RED OS, ViPNet HSM) and certified under PCI DSS, PCI SSF, GOST 57580, and Bank of Russia standards. The company operates Compass Plus Online as a wholly owned reference processing center offering SaaS/PaaS-style outsourced processing.

The company goes to market through a direct enterprise sales motion targeting commercial, retail, and regional banks, supplemented by channel partners, system integrators, and the annual TTUG user group forum. Revenue is generated through three streams: enterprise software licensing with implementation, managed processing services via Compass Plus Online, and professional services (consulting, training, support), sold on multi-year contracts with custom pricing tied to transaction volumes and deployment model. Public pricing is not disclosed. Reported operational scale includes 3.7 billion transactions processed, 16% of Russian POS terminals, 25% of Russian bank cards, and 24% of Russian ATMs, with 40% of clients in tenure of more than 15 years and no Russian client having fully migrated away. The firm employs approximately 600 people, operates an in-house training academy, and runs a partnership with South Ural State University (YuUrGU) under a federal IT talent grant.

Recent strategic activity emphasizes import-substitution positioning for the Russian financial sector (multiple Russian Software Registry registrations, FSB cryptographic license, Central Bank polygon participation), regulatory milestone completion (PCI SSF certification for the e-commerce gateway), adjacent product launches (Intelligent DBO platform, Trusted Person anti-fraud service, FRX registration), and an international reference win migrating 500,000 national payment cards for Khumo Bank in Tajikistan.

Name

Compass Plus

Legal name

Общество с ограниченной ответственностью «Компас Плюс»

Website

https://compassplus.ru

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Compass Plus is a privately held Russian software vendor that provides the TranzWare/TranzAxis end-to-end payment processing platform — covering card issuing, acquiring, e-commerce, fraud management, digital banking, SBP, and Digital Ruble support — to banks and processing centers across Russia and CIS markets.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Activities Related to Credit Intermediation (5223)

SIC

Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Buy Now, Pay Later (BNPL) Platforms (BPAMAFAG)

akta.pro secondary industries

BNPL Consumer Apps & Wallets (Discovery, Management) (FSAGAIAG), BNPL Card / Virtual Card Programs (FSAKACAC), Cross-Border / Multi-Currency BNPL (FSAKACAM)

Keywords

• Payment processing software
• Card issuing solutions
• Digital banking platform
• Fraud management software
• Open banking APIs

Headquarters

HQ city

Magnitogorsk

HQ country

Russia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licensing and Implementation: Licensing of payment processing software to banks and financial institutions with implementation, customization, and ongoing support services
2. Processing Services (Compass Plus Online): SaaS/PaaS processing services through own processing center for clients who prefer outsourced processing over in-house deployment
3. Professional Services: Consulting, implementation support, training, and technical support services accompanying software deployment

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Compass Plus develops and licenses the TranzWare/TranzAxis end-to-end payment processing platform used by banks and financial institutions for card issuing, merchant acquiring, e-commerce, fraud management, digital banking, ATM management, SBP, BNPL, Islamic banking, digital ruble, and open banking APIs. The company also operates its own processing center (Compass Plus Online) offering SaaS/PaaS outsourced processing to clients.

Product overview

Compass Plus develops software for the payment industry, offering a comprehensive ecosystem of payment solutions built on the TranzWare/TranzAxis platform (25+ years). The portfolio includes: core processing platform for card issuing, personalization, merchant acquiring, and e-commerce; specialized solutions for fraud management (FRX), digital banking (DBO), ATM management, and the Mobicash superapp ecosystem; regulatory solutions for SBP (System of Fast Payments), Digital Ruble, Islamic Banking, BNPL, and Open Banking APIs; and import substitution offerings supporting PostgreSQL, Postgres Pro, Astra Linux, and RED OS. The company's own Compass Plus Online processing center serves as both a customer-facing service and a reference implementation of their platform capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Mobicash (Мобикеш): Digital payments ecosystem platform offering mobile acquiring, QR payments, e-wallets, and merchant services.
• FRX
• TranzWare/TranzAxis
• Компас Плюс Онлайн

Products and services

• TranzWare/TranzAxis Payment Processing Platform Comprehensive end-to-end payment processing platform for banks and financial institutions supporting card issuing, merchant acquiring, e-commerce, fraud management, digital banking, ATM management, SBP, BNPL, Islamic banking, digital ruble, and open banking APIs. Provides 24/7 availability, unlimited scalability, and flexible configuration with sponsor programs and integration with payment system hosts and ABS.
• Compass Plus Online (Processing-as-a-Service) SaaS/PaaS processing service offered through Compass Plus's own full-service processing center for clients preferring outsourced transaction processing over in-house deployment. Operated as a wholly-owned subsidiary and serves as the reference implementation for TranzWare/TranzAxis capabilities.
• Card Issuing and Personalization Complete card issuance management and personalization solution enabling banks to launch their own card products with customizable parameters, supporting modern card types and personalization workflows for retail and commercial banking.
• Merchant Acquiring Solution for building transparent and profitable merchant acquiring networks, supporting both offline POS acquiring and online internet acquiring with comprehensive reporting and settlement capabilities.
• E-commerce Payment Gateway Universal payment gateway for internet acquiring providing flexible commission and limit management, payment data routing, fraud detection, and merchant portal for real-time invoice generation and payment monitoring. PCI SSF certified and supports 3DS protocol.
• Fraud Management (FRX) Cross-channel fraud detection and prevention platform providing a library of risk management rules, real-time and offline fraud analysis across issuance, internet acquiring, ground acquiring, ATMs, P2P transfers, SBP, and loyalty programs. Analyzes hundreds of thousands of events per second. Registered in Russian Software Registry No. 32791.
• Digital Banking Platform (DBO) Mobile and internet banking platform with API-first approach and three-tier architecture (iOS/Android mobile apps, front-end and back-end servers) supporting all classic banking services with customization capabilities. Included in Russian Software Registry.
• ATM and Self-Service Terminal Management Solution for managing ATM networks and self-service terminals, transforming ATM networks into high-yield businesses through remote management, monitoring, and software distribution. Manages 24% of ATMs in Russia.
• Mobicash Digital Payments Ecosystem Super-app and mobile acquiring platform offering 20+ digital solutions for financial institutions, merchants, and consumers including universal payment acceptance, electronic wallet, QR code generation, marketplace, loyalty programs, and SBP connectivity.
• System of Fast Payments (SBP) Solution Certified SBP vendor solution supporting Me2Me, C2B, C2C, B2C, C2G transfers, one-time and recurring payment links, cross-border transfers, QR payments, and mobile app integration. Supports Russian encryption algorithms 'Yantar' and 'Signature' per regulatory requirements.
• BNPL (Buy Now, Pay Later) Comprehensive solution for launching BNPL models including online, offline, and post-payment options, supporting multi-bank models across mobile apps, POS terminals, online cash registers, ATMs, and Murabaha financing contracts for Islamic markets.
• Islamic Banking Solutions Sharia-compliant banking products including interest-free financing with flexible customizable commissions, card products with merchant type restrictions, and support for various Sharia-compliant financing types including murabaha contracts. Includes ribbeyt/zakat calculations.
• Digital Ruble Support Solution Turnkey solution for safe and fast integration with the Bank of Russia's Digital Ruble platform, providing complete readiness for digital ruble operations including services for regulator-compliant integration.
• Open API Module Ready-made solution based on the digital platform for secure data exchange in open banking environment, enabling financial organizations to adapt to open banking development per Bank of Russia standards. Supports payment service provider (PSP) and third-party provider (TPP) roles.

Quantifiable outcome

• 3.7 billion transactions processed
• +5 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature10 records

Partnerships

22 partnerships are on record, tiered core and minor.

• South Ural State University (YUralGU)coreStrategic or Co-development Partner · 1 September 2025Won joint grant under federal project 'Personnel for Digital Transformation' managed by Analytics Center under the Government of Russia. New educational program for training top IT specialists including developers, data architects, analysts, and researchers. Student internships from second year onward.
• Intechcard (OOO Интехкард)minorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum. Presented on customization and design of various payment methods including cards and stickers.
• Center for Corporate Technologies (OOO Центр корпоративных технологий)minorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• M4BankminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• KM Alliance (OOO КМ Альянс)minorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• International Processing Systems (OOO Международные процессинговые системы)minorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• Aliot (OOO Алиот)minorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• PBF Distribution (UniTodi)minorChannel Partner/ Reseller/ Distributor · 18 August 2025Partner at TTUG 2025 forum
• Nadeks (OOO Надекс)minorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• OPERATOR PLATEZHNYYKH USLUG EKV (OOO ОПЕРАТОР ПЛАТЕЖНЫХ УСЛУГ ЭКВА)minorChannel Partner/ Reseller/ Distributor · 18 August 2025Partner at TTUG 2025 forum
• FinstreamminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• HSRminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• TelematicsminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• ISBC Group of CompaniesminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• AtmosferaminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• TantorminorStrategic or Co-development Partner · 18 August 2025Partner at TTUG 2025 forum
• InfoTeCScoreTechnology or Integration · 15 September 2023Successful compatibility testing of ViPNet HSM 3.3 cryptographic module with Compass Plus ACS (3DS authentication) and Payment Gateway products. Confirmed that Russian HSM modules can replace foreign equivalents in payment processing scenarios.
• NSPK (National Payment Card System of Russia)coreTechnology or Integration · 15 February 2022Integration of NSPK's Transport Processing Platform (TPP) with Compass Plus platform enables banks to simplify public transport fare payments using bank cards. Banks using Compass Plus products gain access to pre-certified integration without developing own preprocessing solutions.
• Postgres Pro / PostgreSQL CommunitycoreTechnology or IntegrationCompass Plus platform compatible with PostgreSQL and Postgres Pro databases, enabling smooth transition to domestic software as part of import substitution. Digital banking platform supports freely distributed software including Postgres Pro and PostgreSQL.
• Astra LinuxcoreTechnology or IntegrationDevelopment on Russian domestic operating systems including Astra Linux as part of import substitution strategy
• RED OScoreTechnology or IntegrationDevelopment on Russian domestic operating systems including RED OS as part of import substitution strategy
• Central Bank of Russia PolygonscoreTechnology or IntegrationCompass Plus participates in specialized industry polygons organized by the Central Bank where vendors can present import-substituted solutions, conduct tests, and demonstrate platform capabilities

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Mambu: Mambu is a cloud-native core banking platform serving challenger banks and digital-first financial institutions. It represents the architectural direction Compass Plus's digital banking platform competes against in modern banking deployments.
• Marqeta: Marqeta is a modern card-issuing and payment processing platform built on open APIs. While Compass Plus is on-premise-first, Marqeta represents the cloud-native, API-first direction of the card processing market and is relevant as a forward-looking architectural peer.
• Thought Machine: Thought Machine provides a cloud-native core banking platform used by major global banks for next-generation account and payment processing. It is an emerging architectural peer relevant to Compass Plus's long-term digital banking and payment processing roadmap.

Broad incumbents

• Temenos: Temenos is a global banking software incumbent offering core banking, digital banking, and payments platforms to retail, Islamic, and SME banks. Its Islamic banking suite and core banking overlap directly with Compass Plus's positioning in CIS and Muslim-majority markets.
• Fiserv: Fiserv is a global payments and banking technology incumbent with deep card issuing, acquiring, and processing capabilities. It is the most direct international analog to Compass Plus's TranzWare/TranzAxis platform in terms of full-stack payment value chain coverage.
• Jack Henry & Associates: Jack Henry provides core banking, card processing, and digital banking technology to US community and regional banks. Its focus on incumbent bank customers and integrated payment processing parallels Compass Plus's positioning with Russian regional banks.
• FIS (Fidelity National Information Services): FIS is a global incumbent in banking and payments technology, providing card issuing, processing, and digital banking solutions. While it has retreated from Russia, it represents the type of full-stack payment platform Compass Plus competes with in international expansion markets.

Direct peers

• BSS (Bank's Soft Systems): BSS is a leading Russian developer of automated banking systems and digital banking platforms used by major Russian banks. It overlaps with Compass Plus's digital banking and core processing offerings for the same Russian bank customer base.
• OpenWay (Way4): OpenWay is the closest direct peer, providing Way4, a comprehensive payment processing platform for issuing, acquiring, and digital banking used by banks in Russia, CIS, and emerging markets. Both companies compete head-to-head for the same Russian bank clients across card processing, digital banking, and acquiring.
• Center for Financial Technologies (CFT): CFT is a major Russian fintech software provider serving banks and financial institutions with processing, digital banking, and government payment systems. It competes directly with Compass Plus in the Russian bank technology market, particularly around national payment systems and digital banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Compass_Plus
• LinkedInlinkedin.com/company/compass-plus

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Compass Plus