Corefy was founded in November 2018 by Denys Kyrychenko, Dmytro Dziubenko, and Den Melnykov. Each of them has been working in fintech for years, wading through its innumerable facets and developing a deep understanding of the payment industry. This knowledge became a cornerstone of Corefy, a technical platform that provides feature-rich functionality to connect and manage payment services, initiate and process transactions, collect and analyse payment data, and much more.
In 2019, Corefy processed 34 million transactions per year. Last year, our platform witnessed a threefold growth, ending 2020 with over 106 million successfully processed transactions.
Corefy's team brings together more than 80 specialists with rich and diverse professional and cultural backgrounds. Our head office is located in London, the UK. We also have our own R&D centre in Kyiv, Ukraine, APAC regional office in Manila, the Philippines, and local offices in Herzliya, Israel and Amsterdam, the Netherlands.
The growing list of Corefy's customers features some major international companies and financial firms worldwide. They can benefit from 200+ ready-made integrations with payment providers and acquirers globally.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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