PIU

What PIU does

PIU Ltd. is a Malta-domiciled fintech software company that builds a platform-plus-modules ecosystem centered on the B.One omnichannel digital banking platform, serving primarily banks, financial institutions, and fintech companies — with a strong concentration in the Ukrainian market where it has operated since 2019. The portfolio spans core banking (FinBalanceHub), open banking (B.One OBI with SandBox and DevPortal), digital onboarding and identity (B.One VideoID, OnlineID, MobileID, BankID Connector, DI Connector), compliance and risk (PureTrack AML/KYC, PIU.Finscan for sanctions/PEP screening, PureTrack Anti-fraud, Customer Rating Platform for IFRS 9), and specialized verticals (Family Banking, Agro Banking). The architecture is microservices-based using PostgreSQL, .NET, Kafka, Redis, Elasticsearch, Docker and REST APIs, with demonstrated throughput of ~1.5 million transactions per hour and a 2 billion-transaction cumulative operating envelope at reference client Oschadbank.

PIU monetizes through a mix of one-time software licenses (e.g., $20,000 for B.One VideoID), annual support and maintenance fees (e.g., $7,000/year), SaaS/cloud subscriptions, usage-based transaction processing pricing, and professional services for system integration and custom development. Go-to-market is direct enterprise field sales with a dedicated integration and support team per client. The company also operates two consumer-facing products outside its core fintech franchise: Platymo, a QR-code restaurant ordering and payments platform integrating Square, Mastercard, Visa, SEPA, Lemonway and SumUp; and Doctonica, a free medical appointment-booking platform for Malta with native iOS and Android apps.

Name

PIU

Legal name

PIU Ltd.

Website

https://piu.company

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

PIU is a Malta-domiciled fintech software company that builds the B.One omnichannel digital banking platform and a suite of compliance, onboarding, and risk modules for banks, financial institutions, and fintechs, primarily in Ukraine and Europe.

Ownership category

akta.pro rank

Product category

Financial Software / Fintech Platform

akta.pro industry

PRIMARYFSAGAAAL

Compliance & Regulatory Operations (AML/KYC, Reporting, Audit)

Financial & Insurance/Financial Technology (Fintech)/Digital Banking & Neobanking Platforms

SECONDARYFSAGACAI

Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation)

Financial & Insurance/Financial Technology (Fintech)/Open Banking & Data Aggregation

SECONDARYBPAAALAH

Fintech & Payments Content & Compliance Screening (KYC/AML-related content, fraud signals)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Content Moderation, Trust & Safety Operations

Keywords

• Fintech software platform
• Online banking solutions
• AML compliance software
• Transaction screening systems
• Open banking infrastructure

Headquarters

HQ city

Valletta

HQ country

Malta

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Enterprise Software Licensing: One-time license fees for enterprise software solutions such as B.One VideoID ($20,000 one-time license). Full purchase of software with license and configuration/start-up work.
2. Annual Support and Maintenance: Annual support fees for software including warranty and ongoing maintenance (e.g., B.One VideoID: $7,000/year). Provision of escort services regulated by separate contract.
3. SaaS/Cloud Deployment: Software as a service model with payment for modification, system launch, maintenance and support costs. Deployment in Cloud and Kubernetes environments.
4. Usage-based Transaction Processing: Pay-per-use hybrid model with setup/startup costs and payment based on number of verified transactions for reporting period.
5. Professional Services: System integration, software development, UX design, and business analysis services. Each client gets dedicated integration and support team.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

PIU develops and sells proprietary fintech software products for financial institutions, banks, and fintech companies, anchored by the B.One omnichannel online banking platform (Business and Personal) and complemented by FinBalanceHub core banking, PureTrack AML/KYC, PIU.Finscan transaction screening, PureTrack Anti-fraud, Customer Rating Platform, Open Banking APIs, and identity/connector modules. The company also offers two consumer-facing products — Platymo (QR restaurant ordering/payments) and Doctonica (medical appointment booking in Malta) — while its primary revenue driver remains enterprise software licensing, subscription support, and professional services to banks and fintechs.

Product overview

PIU is a fintech product company operating a platform-plus-modules architecture centered on the B.One omnichannel banking platform, which consists of B.One Business for corporate clients and B.One Personal for individuals. The portfolio includes specialized modules: B.One OBI (Open Banking Interface), B.One VideoID (remote video identification), OnlineID (business digital onboarding), MobileID (Ukrainian mobile identification), OpenAPI (integration services), BankID Connector (NBU BankID integration), and DI Connector (DIIA integration). Core compliance and transaction processing products include FinBalanceHub (core banking system), PureTrack AML/KYC (anti-money laundering), PIU.Finscan (transaction screening), and PureTrack Anti-fraud (card fraud detection). Additional verticals include Customer Rating Platform (IFRS 9 credit assessment), Family Banking, and Agro Banking. Consumer-facing products include Platymo (restaurant QR ordering/payments) and Doctonica (medical appointment booking in Malta).

Differentiator

Problem solved

Functional benefit

Brands

• Platymo: QR Code Menu, Ordering & Instant Payments for restaurants — guests scan, browse the menu, order and pay using their phone camera with no app downloads.
• Doctonica
• PureTrack
• PIU.Finscan
• FinBalanceHub
• OnlineID
• B.One OBI
• B.One VideoID
• B.One Kiosk
• Open API
• Mobile ID
• One Banking platform
• Agro Banking
• BankID Connector
• DI Connector
• Family Banking
• Customer Rating platform
• PureTrack Anti-fraud

Products and services

• B.One Online Banking Platform Omnichannel online banking platform for servicing individuals and legal entities, ready for quick integration into any banking system. Provides internet and mobile banking, account management, payments, currency transactions, deposits, credit management, and corporate cards.
• FinBalanceHub Core banking system platform for financial institutions providing internet and mobile banking for individuals and businesses, including account management, transfers, external payments (SEPA/SEPA Instant/SWIFT), and regulatory reporting.
• PureTrack AML/KYC Automated AML/KYC compliance system that analyzes operations and customers against risk criteria and suspicion indicators, with dual-control role models (analyst, controller, administrator) and full audit logging of changes.
• PIU.Finscan High-loaded real-time transaction screening monitor for financial institutions that screens transactions against sanctions, PEP, and customs lists with parallel processing and automatic imports from World Check.
• PureTrack Anti-fraud Modification for online verification of card transactions in the electronic acquiring network, providing automated monitoring, stop lists, flexible behavioral rules and post-operation analysis with proven operation on 2 billion transactions.
• B.One VideoID Video identification service for remote customer identification using video communication, file sharing, SMS OTP confirmation, and electronic signature over video archives, with a four-stage process: Application, Video identification, Session result, Approve.
• B.One OBI (Open Banking Interface) Open Banking Interface system providing solutions for creating new financial services, with API implementation for Third Party Providers including granting/revoking consent, retrieving account balance and transaction history, and initiating IBAN-to-IBAN payments.
• Customer Rating Platform Software for determining rating of corporate clients (CB and IASB) to assess creditworthiness and calculate probability of default in accordance with IFRS 9 requirements.
• Platymo QR code menu, ordering and instant payments solution for restaurants where guests scan, browse the menu, order and pay in about two minutes with no app downloads and zero commission on payments.
• Doctonica Free booking platform for medical appointments in Malta where patients can browse doctors and clinics across various fields, view live availability, and book appointments instantly with no fees.

Quantifiable outcome

• Up to 32% less repetitive workload for restaurant staff using Platymo
• +3 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability8 records

Feature10 records

Partnerships

Three partnerships are on record, tiered core.

• World CheckcoreTechnology or IntegrationWorld Check is used for PIU.Finscan transaction screening. The system supports automatic imports of full, delta, and deleted lists from World Check for sanctions and PEP screening.
• NBU BankIDcoreTechnology or IntegrationBankID Connector integrates with National Bank of Ukraine BankID system for digital user registration and authentication. Enables customer authorization and data envelope formation with EDS overlay.
• DIIAcoreTechnology or IntegrationDI Connector integrates with Ukrainian DIIA identification system for receiving digital documents including ID card, foreign passport, RNOKPP, and IDP information.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/platymoqr
• LinkedInlinkedin.com/company/piu-company

Revenue estimate

Valuation estimate

Number of profiles

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 PIU