Penki Kontinentai

What Penki Kontinentai does

Penki Kontinentai is a privately held Lithuanian technology group founded in 1992 and headquartered in Vilnius, operating three core wholly-owned subsidiaries: BS/2 (banking technology), ASHBURN International (EFTPOS/payment solutions), and PKKC (fiber optic internet, IPTV, and managed IT services). The group serves 1500+ customers across 80+ countries with a 600+ workforce, focused on banks, payment processors, retailers, governments, and enterprises.

The product portfolio is anchored by a proprietary .iQ software family developed in-house by BS/2: ATMeye.iQ (proactive security monitoring of approximately 80,000 self-service devices globally), TransLink.iQ (multi-vendor EFTPOS terminal network management with multi-banking transaction routing — managing 250,000+ terminals in Uzbekistan alone via the CRPC partnership), CashManagement.iQ, Payments.iQ (payment kiosk network control), and FCX.iQ (ATM-based currency exchange). Underlying technology is multi-tier: .iQ software for banking and retail, FTTH/FTTU fiber infrastructure for connectivity, IPTV and Android TV (Flexi TV) for consumer/enterprise media, and managed IT services infrastructure (VPS/IaaS, colocation, server/workstation maintenance, VPN, VoIP, Microsoft 365 services) under the ProfIT/Penki Verslui brand. Certifications include ISO-20000 and ISO-27001 (renewed annually across BS/2 and PKKC), PCI DSS Level 1 (ASHBURN International), and compliance with EMV/PA-DSS standards, plus ATMIA membership.

Revenue is generated through a multi-stream mix: software licensing and royalties on the .iQ family, transaction/settlement fees via the ASHBURN payment service provider role, recurring subscriptions for fiber internet, IPTV, and digital certificates, and managed-services contracts for outsourced IT. Go-to-market combines direct enterprise field sales to banks, governments, and large corporates across 9 regional offices (Vilnius HQ, Tallinn, Riga, Baku, Tbilisi, Almaty, Bishkek, Tashkent) with channel partnerships through 90+ technology vendors including Diebold Nixdorf, Ingenico, Microsoft, IBM, HP, and Cisco. Customers span enterprise banking (PASHA Bank, BlueOrange Bank), financial services infrastructure (CRPC Uzbekistan covering 28 banks), education (Socialinių mokslų kolegija with 10 Gbps), insurance and brokerage, government venues (Icheri-sheher), and SMB/consumer segments via PKKC consumer fiber and IPTV offerings.

Name

Penki Kontinentai

Legal name

UAB "Penki kontinentai"

Website

https://5ci.lt

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

Penki Kontinentai is a privately held Lithuanian technology group operating BS/2 (banking software), ASHBURN International (EFTPOS/payments), and PKKC (fiber internet and managed IT) to serve banks, payment processors, retailers, governments, and enterprises across 80+ countries.

Ownership category

akta.pro rank

Product category

Banking Technology Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

akta.pro secondary industries

ATM / Cash Access Network Schemes (FSAMAAAH), Digital Account Opening & Onboarding (eKYC, eSignature, Origination) (FSAGAAAB)

Keywords

• Banking technology solutions
• Payment processing software
• ATM security systems
• EFTPOS terminal management
• Managed IT services

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Banking Technology Solutions: Software and hardware solutions for financial institutions including ATM systems, payment processing, and monitoring solutions. Revenue from licensing, implementation, and maintenance services.
2. EFTPOS Terminal Management: Network monitoring and management of EFTPOS terminals with payment processing and loyalty program solutions
3. Fiber Optic Internet and Telecommunications: Fiber optic internet services (FTTH/FTTU), IPTV, mobile internet, VPN services for business and residential customers
4. Professional IT Services: IT outsourcing services including server maintenance, workstation support, cloud solutions (VPS, IaaS), Microsoft 365 services
5. Digital Certificates: Qualified digital certificate services

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Penki Kontinentai develops and sells the proprietary .iQ software family for banking and retail institutions through its BS/2 subsidiary, including ATMeye.iQ for ATM security, TransLink.iQ for EFTPOS terminal network management, Payments.iQ for kiosk management, CashManagement.iQ, and FCX.iQ for currency exchange. Through ASHBURN International it provides EFTPOS payment processing services, and through PKKC it delivers fiber optic internet (FTTH/FTTU), IPTV, and managed IT services (ProfIT/Penki Verslui) to business and residential customers.

Product overview

Penki Kontinentai Group is a multi-subsidiary technology conglomerate operating in banking technologies, payment solutions, telecommunications, and IT services. The group consists of four main subsidiaries: (1) BS/2 (Penkių kontinentų bankinės technologijos) — develops the .iQ software product family including TransLink.iQ for EFTPOS terminal management, ATMeye.iQ for ATM security, CashManagement.iQ, Payments.iQ, and FCX.iQ for financial and retail institutions; (2) ASHBURN International — provides EFTPOS terminal network monitoring, management software, payment processing, and TransLink.iQ; (3) PKKC (Penkių kontinentų komunikacijų centras) — operates fiber optic internet (FTTH/FTTU), IPTV, and the Penki Verslui (ProfIT) managed IT services brand offering internet, cloud/VPS, server maintenance, workstation management, VPN, Microsoft 365, Wi-Fi, VoIP, and colocation services to businesses; and (4) the parent holding company manages group strategy and investments.

Differentiator

Problem solved

Functional benefit

Brands

• BS/2: Banking technologies brand for Penkių kontinentų bankinės technologijos - software and hardware solutions for financial and retail institutions
• TransLink.iQ
• ATMeye.iQ
• ProfIT
• Penki Verslui
• Payments.iQ
• CashManagementIQ
• Flexi TV
• MyTips
• FCX.iQ

Products and services

• TransLink.iQ EFTPOS terminal network management and operational reporting software by ASHBURN International. Guarantees safe and efficient processing of Visa, Mastercard, UnionPay International and other payment card transactions with multi-vendor and multi-banking functionality. Manages 250,000+ payment terminals in Uzbekistan alone.
• ATMeye.iQ Proactive security solution for self-service devices (ATMs) developed by BS/2. Protects approximately 80,000 self-service devices worldwide through monitoring, fraud detection, and incident response capabilities.
• Payments.iQ

Quantifiable outcome

• ATMeye.iQ protects approximately 80,000 self-service devices worldwide
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Diebold NixdorfcoreTechnology or IntegrationStrategic technology partnership for ATM hardware supply. BS/2 supplies Diebold Nixdorf ATMs with German quality, providing diverse support at European level. Equipment complies with international EVM and PA-DSS standards.
• Ingenico GroupcoreTechnology or IntegrationPartnership for EFTPOS terminal hardware supply and integration with TransLink.iQ solution.
• MicrosoftcoreTechnology or IntegrationPartnership for Microsoft 365 licensing, migration services, and product training. PKKC provides Microsoft 365 services and migration to businesses.
• Common Republican Processing Center (Uzbekistan)flagshipStrategic or Co-development PartnerLong-term strategic partnership for TransLink.iQ licensing and implementation. Manages 250,000+ payment terminals across 28 banks in Uzbekistan. Partnership guarantees stability and efficiency of Uzbek banking sector development.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Temenos: Temenos is a broad incumbent banking-software provider whose payments and channel modules (Temenos Payments Hub) overlap with the BS/2 .iQ software suite for retail and corporate banking customers.
• Diebold Nixdorf: Diebold Nixdorf is both a strategic hardware partner and a broad incumbent offering DN Series ATM hardware plus its own Vynamic software stack for ATM and payments management, competing with BS/2's software overlay while supplying it hardware.
• NCR Atleos: NCR Atleos is the spun-out ATM and self-service banking unit of NCR, offering hardware, software, and managed services globally that overlap with both the ATM hardware side and the ATM-monitoring and management software offered by BS/2.
• Verifone: Verifone is a global POS-terminal and integrated payments provider whose hardware is comparable to the EFTPOS estate that TransLink.iQ manages, and whose software roadmaps increasingly overlap with ASHBURN International's terminal management.
• SIA (Nexi Group): SIA, part of the Nexi Group, provides payment-processing and card-management infrastructure for European banks and processors, serving as a broad incumbent analogue to ASHBURN International's payment-service-provider activities.
• ACI Worldwide: ACI Worldwide is a broad incumbent in real-time electronic payment processing software for banks, merchants, and processors—competing with the orchestration and transaction-processing capabilities of TransLink.iQ at the higher end of the market.

Direct peers

• Compass Plus: Compass Plus provides card issuing, payment processing, and EFTPOS management software to banks and processors, directly competing with TransLink.iQ and ASHBURN International in CIS, Middle East, and emerging-market accounts.
• Euronet Worldwide: Euronet operates a global ATM and payment-processing network (including the epay and Ria money-transfer segments) that overlaps directly with ASHBURN International's PSP activities and competes for ATM-services contracts similar to ATMeye.iQ.
• OpenWay Group: OpenWay delivers Way4 digital payment software for issuing, acquiring, and EFTPOS orchestration across banks and processors—directly comparable to the multi-acquirer transaction-routing functionality in TransLink.iQ.
• BPC Banking Technologies: BPC Banking Technologies is a direct competitor, offering EFTPOS terminal management, payment processing, and banking software solutions to banks and processors across emerging markets—closely mirroring TransLink.iQ and the BS/2 product suite.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/5cigroup
• YouTubeyoutube.com/user/PenkiTV
• Facebookfacebook.com/penki.lt
• LinkedInlinkedin.com/company/the-penki-kontinentai-group
• Instagraminstagram.com/explore/locations/105706363149/penki-kontinentai

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

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 Penki Kontinentai