Akurateco

Company Background & History

Akurateco was founded in 2019 by Andrew Riabchuk, a computer science graduate from Ukraine who began building a payment gateway prototype while still a student. The company was later co-founded by Volodymyr Kuiantsev (CEO) and Alexandra Dolia (COO). The founding team brought over 15 years of combined payments industry experience. Akurateco initially focused on providing white-label payment gateway software for PSPs and quickly expanded its platform to include full payment orchestration capabilities. The company has grown organically without disclosed external funding and operates as a privately held entity.

Product Suite & Capabilities

The flagship product is the Akurateco White-Label Payment Gateway, a fully customizable platform that allows clients to brand the system as their own. It is PCI DSS Level 1 certified and supports both SaaS and on-premises deployment. Key modules include: Payment Orchestration Layer with smart transaction routing, cascading logic, and fallback rules; 650+ pre-integrated connectors to acquirers and payment methods worldwide; Merchant Management System for KYC/AML, sub-merchant onboarding, settlement reporting, and fee management; Fraud Prevention Tools with rule-based filters, velocity checks, and third-party integrations such as Fraudio for PIX antifraud in Brazil; and Crypto Payments integration with Aquanow. A unique offering is the Payment Team as a Service, where dedicated account managers handle technical support, compliance monitoring, and ongoing optimization on behalf of the client.

Target Market & Clients

Akurateco’s primary audience includes payment service providers seeking to launch or upgrade their own gateway, banks looking to offer merchant acquiring, and large enterprise merchants wanting to reduce reliance on third-party processors. The company serves clients across Europe, North America, Latin America, Africa, and Asia.

Differentiation

The combination of white-label customization, rapid deployment (weeks rather than months), and human-led payment operations sets Akurateco apart from pure-play technology providers. By acting as both a software vendor and an outsourced payment team, the company reduces the need for clients to hire dedicated staff for payment operations, compliance, and integration management.

Recent Developments

In 2024–2025, Akurateco announced strategic partnerships with Kushki (Latin America), Payaza (Africa), Aquanow (crypto), and PAYOK (emerging markets). It launched a global affiliate program and added PIX antifraud capabilities for the Brazilian market. The company was featured in the Leaders in Payments podcast and recognized by StartupMafia as a company driving the future of finance in 2025.

Regulatory & Security

Akurateco is PCI DSS Level 1 certified. The platform supports global compliance standards including PSD2, GDPR, and local regulations across multiple jurisdictions. On-premises deployment is available for clients requiring full data sovereignty.

Overall Assessment

Akurateco is a solid mid-market contender in the payment orchestration and white-label gateway space. Its strength lies in its all-in-one package of software plus managed services, making it particularly attractive for companies that lack in-house payments expertise but need a robust, scalable solution. The growing connector library and partnership network demonstrate a commitment to global reach. Potential limitations include a lack of public pricing transparency and a smaller brand presence compared to larger orchestration platforms.