The innovative payment ecosystem, Asquad, is stepping into a new era of autonomy. After five years of close collaboration, the startup’s team has fully acquired the project from investment firm N1 and will now continue its journey independently.

A new milestone for Asquad

Asquad is more than just another portfolio company for us: it’s a product that was built and nurtured from the ground up. Over the years, our team invested not only capital but also our expertise, time, and a genuine belief in the founders and the product itself. This was never a purely financial project; it was a shared journey, where many decisions were driven by a common vision and mutual trust.

Now, we’ve reached a moment that is both difficult and necessary. Keeping the project would risk slowing down its future potential. Letting it go is not easy for us, but we recognize that granting full independence offers Asquad the best chance for further growth and expansion.

"We are proud of the path we've walked together with the Asquad team. They have created a truly outstanding fintech platform, and while the decision to step aside was not simple, we are confident it is the right one for Asquad’s long-term development," — Kyrylo Medvediev, CEO of N1.

What is Asquad?

Asquad is a cutting-edge, full-scale payment ecosystem that is already operating worldwide. It enables seamless API management across multiple financial providers and companies. Its flexible architecture allows businesses to integrate various payment services, improving operational efficiency, scalability, and control.

With this transition, Asquad’s team is fully focused on expanding its platform and introducing new fintech solutions for businesses and consumers.

• A fintech solution that adapts to business needs

• Seamless API management for scalability

• Next-generation payment infrastructure

"This is both a challenge and an opportunity for us. We are grateful to N1 for the trust and support that have accompanied us from the very beginning. Now it’s time for us to fully take ownership of Asquad’s future and realize the platform’s full potential," — Oleksiy Kulyk, CEO of Asquad.

What’s next?

With full ownership, Asquad is set to accelerate its product roadmap, expand platform capabilities, and explore new markets. Planned developments include integration of new financial services, enhancement of analytics capabilities, and further strengthening of its scalable infrastructure.