Intervale

What Intervale does

Intervale (АО «Интервейл») is a privately-held Russian fintech software company founded in Moscow in 1999, with a wholly-owned R&D center in Gomel, Belarus (established 2000, approximately 100 specialists) and a regional subsidiary in Almaty, Kazakhstan. The company develops high-load platform solutions for electronic and mobile commerce, organized around a proprietary PayGuide product family: PayGuide Acquirer (3DS Server and Merchant Plug-In for acquiring banks), PayGuide Issuer (Access Control Server for issuing banks and processing centers, certified by EMVCo, Visa, Mastercard, NSPK MIR, JCB, AmEx, and Union Pay), and a Mobile Authentication Server for biometric transaction authentication. Supporting products include the E-Commerce Platform (ПЭК) for payment acceptance across buyers, merchants, and providers, the ATLAS mobile application for the Russian System of Fast Payments (SBP), Money Transfer Service, Mass Payments service, and a White Label v2 mobile app for partner-branded deployment.

The underlying technology stack is Java 8 / Spring / JPA-Hibernate backend with Angular and Vue.js frontends, deployed on Oracle WebLogic, WildFly, Nginx, and Tomcat, with a microservices architecture (50 microservices for the Moscow payment gateway alone) achieving 99.99% availability and capacity up to 3,000 transactions per second. Intervale's customer base spans Tier 1 Russian enterprises — Sberbank (SMS notification, 3,000 TPS), VTB (My Smart City, awarded by The Banker in 2019), MTS (Easy Payment, 5 million users, 50 TPS), Megafon (Mobile Payments, 4.5 million users, 43 TPS), Moscow Government (unified payment gateway for mos.ru with 43,000 daily transactions and 19 integrations), Uralsib, Russian Post — plus Mastercard Mobile and Bank of Georgia (Apple Pay, first in Georgia, March 2020).

Revenue is generated through a mix of proprietary software licensing (PayGuide family, ECP, White Label), custom development services, white-label product sales (starting at 250,000 RUB for WLv2), and transaction fees on the Mass Payments service (from 1% per transaction). Distribution is direct enterprise sales to banks, government, and telecom operators in Russia and CIS countries, with an official NSPK vendor relationship for SBP integration. The company holds PCI-DSS, ISO 27001, ISO 9001, and FSB cryptography licenses, and is a certified service provider for both Visa International and Mastercard since 2003.

Name

Intervale

Legal name

АО «Интервейл»

Website

https://intervale.ru

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

Intervale is a privately-held Russian fintech software company, founded in 1999, that develops certified payment authentication (PayGuide Acquirer/Issuer), payment acceptance platforms, and white-label mobile payment applications for banks, government entities, telecoms, and payment networks across Russia, Belarus, Kazakhstan, and the CIS.

Ownership category

akta.pro rank

Product category

Payment Authentication and Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Custom Computer Programming Services (541511)

akta.pro primary industry

Payment Orchestration Platforms (FSAGABAA)

akta.pro secondary industries

Payment Gateways & Orchestration (BPAMAFAA), Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation) (FSAGACAI), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Payment authentication software
• 3D-Secure solutions
• Fintech software development
• Payment gateway platforms
• White-label mobile banking

Headquarters

HQ city

Moscow

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: Licensing of proprietary fintech solutions including PayGuide Acquirer, PayGuide Issuer, ECP platform, and White Label mobile applications to banks and enterprises
2. Custom Development Services: Custom software development projects for government and commercial organizations, including long-term partnerships with deep immersion in client business
3. White Label Product Sales: Sale of branded mobile application WLv2 starting from 250,000 RUB depending on configuration
4. Mass Payments Transaction Fees: Bulk payout services to bank cards with commission from 1% per transaction

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Intervale develops and licenses proprietary fintech software for banks, payment processors, governments, and telecom operators, anchored by the PayGuide family of 3D-Secure authentication solutions (PayGuide Acquirer and PayGuide Issuer) and the E-Commerce Platform (ПЭК) for payment acceptance. The company also delivers white-label and branded mobile applications, mass payout services, and custom software development projects for secure electronic and mobile commerce.

Product overview

Intervale is a developer of high-load platform solutions and service provider for electronic and mobile commerce. The product portfolio centers on the PayGuide family (PayGuide Acquirer for acquiring banks and PayGuide Issuer for issuing banks/processing centers) which handles 3D-Secure authentication. Supporting products include the E-Commerce Platform (ПЭК) for payment acceptance, mobile apps for money transfers and branded white-label solutions (WLv2), mass payouts service, and the ATLAS app for System of Fast Payments (SBP). The company also operates themed sub-brands for major clients including Moscow government (MOS.RU, My Smart City), major Russian banks (Sberbank, VTB), telecoms (MTS Easy Payment, Megafon Mobile Payments), and MasterCard Mobile. All software products are protected by patents and certified for Visa 3-D Secure, MasterCard SecureCode, and PCI DSS compliance.

Differentiator

Problem solved

Functional benefit

Brands

• PayGuide: PayGuide Acquirer (3DS Server and MPI) and PayGuide Issuer (ACS) for 3D-Secure authentication and transaction authorization for banks.
• ATLAS
• IV.Tips
• MCCW
• Intervale

Products and services

• PayGuide Acquirer (PGA) Comprehensive 2-factor authentication solution (3D-Secure and others) for acquiring banks requiring secure acceptance of remote payments. Includes 3DS Server and Merchant Plug-In (MPI) certified by American Express, supporting unlimited merchants and multiple acquiring banks.
• PayGuide Issuer (PGI) Transaction authentication via 3D-Secure protocol for issuing banks and processing centers. ACS server certified by EMVCo (3DS v2.2), Visa, MasterCard, NSPK MIR, JCB, AmEx, Union Pay. Supports OTP, risk-based authentication, and biometric authentication.
• Mobile Authentication Server (MAS) Comprehensive biometric payment authentication solution using mobile phone. App launches via PUSH notification, customer confirms purchase via code and/or biometrics. Supports integration with ACS from different providers, available as server platform, branded standalone app, or SDK library.
• ПЭК — E-Commerce Platform Technical solution for payment acceptance connecting buyer, merchant, and payment providers into a unified system. Modules include Transaction Core, Manager Console, Administrator Console, Technical Support Operator Console, and Merchant Console.
• Витрина платежей (Payment Showcase) Web service for payments and money transfers under partner brand. Supports 20,000+ payments including mobile, internet, utilities, parking, loan repayment. Features auto-payments, email receipts, saved cards, and favorite payments.
• Сервис денежных переводов (Money Transfer Service) Mobile application for payments and money transfers under partner brand. Features fraud monitoring department, biometric login, card scanning via camera/NFC, transaction history, favorites, push notifications, and Telegram/Viber/WhatsApp chat support.
• White Label ver.2 (WLv2) Branded mobile application for quick launch of own mobile app without development investment. Supports P2P transfers, cross-border transfers, payment card additions, operation history, customizable UI per brand book. Available for iOS (Swift/Objective-C) and Android (Kotlin). Starting price from 250,000 RUB depending on configuration.
• Сервис массовых выплат (Mass Payments) Service for instant mass payouts from organization account to bank cards of clients/partners/individuals. Suitable for MFOs, affiliate programs, cashback services, staff outsourcing companies, freelance platforms, and pawnshops. Features API access, 24/7 support, personal manager, and launch within two weeks. Commission from 1% per transaction.
• ATLAS (СБП) Mobile app for instant transfers and payments via System of Fast Payments (SBP) developed in partnership with Bank Uralsib. Cloud solution not requiring complex integrations, with simplified certification with NSPK. Partner banks: Garant-Invest, Transstroybank, Sinko-Bank, Socium-Bank.
• IV.Tips Software complex for clients, employees and venue managers enabling tips via mobile phone. Components include customer app, worker service (QR code, wallet, balance withdrawal), venue management (tips distribution, staff management), and group management (multi-venue control, reporting).
• Некастодиальный мультивалютный криптокошелек (MCCW) Mobile application for safe storage, receiving and sending cryptocurrency. Features multi-coin wallet creation, existing wallet addition, balance viewing, cryptocurrency receiving/sending, operation history, and custom token addition.
• Мой Умный Город (My Smart City) Application combining Moscow city services with VTB bank services. Features utilities payment, Troika card top-up, parking account, traffic situation tracking, Active Citizen voting, cultural events. Includes AI chatbot with continuous learning capability. Supports Apple Pay with MIR, Visa, MasterCard.
• MOS.RU Единый Платежный Шлюз (Unified Payment Gateway) Unified Payment Gateway for official Moscow Mayor website mos.ru. Integrates 19 external systems, handles 43,000 daily transactions from 630,000 unique users. Part of state information system RNIP for registration of charges and payments in Moscow. Achieves 99.99% system availability across 50 microservices.
• МТС Легкий Платеж (MTS Easy Payment) Platform for electronic and mobile commerce developed for MTS. Enables payment for goods/services from mobile balance and bank cards, MTS account top-up. 5 million users, 50 transactions per second.
• Мегафон Мобильные платежи (Megafon Mobile Payments) Mobile payment solution for Megafon enabling payment for goods and services from mobile phone balance and bank cards, account top-up. 4.5 million users, 43 transactions per second, 15 connected systems.
• MasterCard Mobile (MCM) Platform for plastic card payments for commercial enterprise services via MasterCard. Supports user account, mobile app (Android, iOS, J2ME) and web payments, card registration with mobile number attachment, and loyalty program. 100,000+ Google Play and App Store users, 1000 transactions per second.
• Сбербанк SMS-сервис (Sberbank SMS Service) SMS notification service for Sberbank. Features notification selection from external systems, filtering based on user data, sending queue control, SIM card change monitoring, and SMS text generation from templates. 3000 transactions per second, 6 connected systems.

Quantifiable outcome

• 99.99% system availability achieved for Moscow payment gateway
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability2 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Bank of GeorgiacoreStrategic or Co-development Partner · 1 March 2020Bank of Georgia was the first among acquiring banks in Georgia to offer Apple Pay support, launched in March 2020. Intervale provided the technology implementation for this payment service.
• Uralsib BankcoreStrategic or Co-development PartnerATLAS mobile application for instant transfers and payments through SBP developed in partnership with Bank Uralsib. Application serves as aggregator for any Russian bank to provide SBP services.
• NSPK (National Payment Card System)coreTechnology or IntegrationOfficial vendor of NSPK for Fast Payment System integration. Provides SBP connection services and certification support for merchants.
• Garant-InvestminorChannel Partner/ Reseller/ DistributorBank partner connected to SBP through ATLAS application.
• TransstroybankminorChannel Partner/ Reseller/ DistributorBank partner connected to SBP through ATLAS application.
• Sinko-BankminorChannel Partner/ Reseller/ DistributorBank partner connected to SBP through ATLAS application.
• Socium-BankminorChannel Partner/ Reseller/ DistributorBank partner connected to SBP through ATLAS application.
• Visa InternationalcoreTechnology or IntegrationCertified service provider of Visa International. Access Control Server (ACS) in PayGuide Issuer and Merchant Plug-In (MPI) in PayGuide Acquirer certified for Verified By Visa specification.
• MastercardcoreTechnology or IntegrationCertified service provider of MasterCard. Components certified for MasterCard SecureCode specification since 2003.

Scale indicators15 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Center for Financial Technologies (CFT / ЦФТ): Russian fintech software provider offering payment processing, internet banking, card management, and fraud solutions to Russian banks. Strong domestic overlap with Intervale on customer base, product scope, and B2B enterprise sales model.
• INPAS: Russian provider of payment acceptance and POS/SoftPOS infrastructure serving acquirers and merchants. Comparable to Intervale's PayGuide Acquirer and ECP platform in acceptance-side payment infrastructure, with a shared Russian enterprise customer base.
• BPC Banking Technologies: Headquartered in Cyprus with operations across CIS, BPC delivers payment processing and financial software to banks and processors. Highly comparable to Intervale in product scope (payment orchestration, processing, mobile) and geographic focus on emerging/CIS markets.
• OpenWay: Provides WAY4 digital payment platform used by 150+ banks globally. Closely comparable to Intervale in offering payment processing, card management, and digital banking infrastructure, with significant CIS/Russia presence and similar bank-targeting enterprise sales motion.
• Compass Plus: Developer of TranzAxis payment processing platform serving retail banks, processors, and telcos across Eastern Europe, MEA, and Asia. Directly competes with Intervale in payment processing, mobile payments, and 3DS-style authentication for issuers and acquirers.
• BSG (SmartVista): Provides SmartVista payment processing, fraud management, and card issuing/acquiring software to banks and processors globally with strong presence in Russia/CIS. Directly comparable in product scope (processing, fraud, 3DS, mobile payments) and in serving the same issuer/acquirer customer profile.

Broad incumbents

• FIS Global: Global financial technology provider with extensive payment processing, card issuing, and digital banking software. Larger-scale incumbent offering overlapping capabilities (processing, 3DS, mobile) to banks; not a direct CIS competitor but represents the global standard Intervale's product must integrate with and match.
• ACI Worldwide: Global enterprise payments software vendor offering real-time payment processing, fraud management, and 3DS-style authentication for banks and processors. Comparable to Intervale's PayGuide and ECP product family but with broader geographic footprint and much larger scale.
• SberTech: In-house IT subsidiary of Sberbank providing end-to-end banking and payment platform development. Represents the most significant incumbent competitor for Intervale's Russian bank software engagements and is also a customer (SMS notification service) creating a dual competitor/customer dynamic.

Regional players

• Assist: Russian payment gateway and processing service provider enabling merchants to accept online payments across multiple methods. Comparable to Intervale's ECP payment acceptance platform with overlapping Russian customer base in e-commerce merchants and banks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/intervale/mycompany

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 Intervale