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

A new milestone for Asquad

"We are proud of our long-standing and productive partnership with the Asquad team. They have built an outstanding fintech product, and we have no doubt that even greater success lies ahead for them. While we will remain in touch and continue to support their journey, Asquad will now make all strategic business decisions independently," said Kyrylo Medvediev, CEO of N1.

While the financial details of the deal remain undisclosed, it is confirmed that N1’s payouts from Asquad will be performance-based, rather than fixed amounts.

What is Asquad?

Asquad is an innovative payment ecosystem powered by Corezoid technology, enabling seamless API management across multiple financial providers and companies. This flexible infrastructure ensures efficient integration between payment services, providing businesses with greater agility and control.

The Asquad team is committed to expanding its ecosystem, introducing new fintech solutions for businesses and consumers alike.

• A fintech solution that adapts to your business needs
• Seamless API management for scalability
• A cutting-edge approach to payment infrastructure

"For us, this is both an exciting challenge and a unique opportunity to shape Asquad’s future on our own terms. We are grateful to the N1 team for their trust and support throughout our journey. Now, our focus is entirely on advancing our platform and unlocking its full potential," commented Oleksiy Kulyk, CEO of Asquad.

What’s next?

With full ownership, Asquad is set to accelerate its growth, enhance platform capabilities, and expand into new markets. Upcoming developments include integrating new financial services and improving analytics tools for businesses to maximize efficiency and scalability.