NEWS

26.01.2024

Katarzyna Drzyzga's Tips to Increase Your Productivity at Work

Katarzyna Drzyzga, Head of HR & Administration at Verestro presents her latest article on workplace productivity. If you want to be more productive at work, feel in...vited to read the article: 10 Tips to Increase Your Productivity at Work.expand

03.01.2024

Verestro's Mission to Foster Financial Inclusion in 2024: Cutting-edge Fintech Technologies Affordable to Everyone

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16.11.2023

Embedded Payments for Crypto Wallets - Verestro's Card Issuing Solution for Crypto Companies

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13.11.2023

Verestro's Embedded Finance Use Cases for Insurtech

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07.11.2023

What is Embedded Finance? Get to Know Use Cases for Merchants

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02.11.2023

How to Grow your Revenue with Verestro Fintech as a Service

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17.10.2023

Quicko Wallet Money Transfer Integration with Slack App Successfully Tested

Verestro has implemented a solution that enables fast money transfers and payment settlements on Slack among Verestro’s employees and partners using th...e Quicko Wallet payment application. Possible use cases for integrated payments include transferring money between employees communicating on Slack channels or reconciling business expenses. In addition, employees can receive virtual payment cards to streamline financial transactions.The money transfer service linked to the popular business communication platform is an innovative solution for employees who are interested in making transactions seamlessly where they interact with others. Read more at Finextra.com and ThePaypers.com.expand

08.09.2023

"AI in Fintech" - Krzysztof Drzyzga on the Applications of Artificial Intelligence

We would like to encourage you to read the latest article by Krzysztof Drzyzga, Verestro CEO. You will find answers about Verestro's experience with Artificial Intelligence and the bene...fits of using innovative AI solutions for our valued customers and employees. Link to the article: LinkedIn.expand

07.09.2023

Apple Pay and Google Pay in the Philippines

Verestro has begun offering its services in those regions of Southeast Asia where mobile payment systems are gaining popularity. Our Token Management Platform allows fo...r quick and easy integration with systems such as Apple Pay, Google Pay and Samsung Pay, giving you instant access to funds with the highest standards of transaction security. Read more on LinkedIn.expand

19.07.2023

Michał Maciąg outlines the challenges in managing IT teams at Verestro

Here we present the latest article by Michał Maciąg, Head of IT at Verestro: "Challenges of Product Teams". The second publication on IT teams in our c...ompany addresses managerial challenges and the ways to deal with them. Feel invited to read the article on LinkedIn: click.expand

17.07.2023

Verestro is now a corporate member of the Crypto Valley Association

We are proud to announce that we have become a member of the Crypto Valley Association - a global network of prof...essionals, startups, corporations and investors that are part of the world’s leading blockchain ecosystem. We want to lead innovation in Embedded Crypto solutions and are open to cooperate with crypto companies, banks and fintechs worldwide. Verestro has been featured on the official LinkedIn page of the Crypto Valley Association here.expand

30.06.2023

AI Assistant in the Verestro Developer Zone

Feel free to use our virtual assistant on the Developer Zone website! We have used artificial intelligence... to extract knowledge from Verestro's technical documentation. Our AI Assistant will answer questions related to our products and ways of integration. The answers provided include useful links to the relevant Developer Zone pages.expand

28.06.2023

Bank-as-a-Service solutions

Verestro presents solutions for banks and other financial institutions interested in implementing Bank-as-a-Service. Our all-in-one platform makes the launch process fo...r new products quick and easy. Read more.expand

13.06.2023

Mastercard Carbon Footprint Calculator in the Quicko Wallet application

We are pleased to announce the launch of the Mastercard Carbon Footprint Calculator in the... payment application of our partner, Quicko. The new feature can be found in Quicko Wallet under Mastercard card transaction history. The aim of providing carbon footprint data and insights is to educate customers about the impact of their purchasing decisions on climate change. Read more: finextra.compaymentexpert.com.expand

31.05.2023

Let us present Embedded Crypto solutions from Verestro in our LinkedIn article

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08.05.2023

Enjoy listening to a podcast featuring Krzysztof Drzyzga, CEO of Verestro on Growthbase.pl (PL). Learn about Verestro's strategy, key challenges in IT business development and other business activities.

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13.04.2023

How do we structure teams at Verestro? Michał Maciąg, Head of IT presents product teams in his LinkedIn article "On Product Teams"

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31.03.2023

At Verestro, we develop products which meet the needs of our business clients. Damian Marzec, Head of Product, writes about the culture of collaboration in his article "Collaboration - Key to Engineering Success"

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14.03.2023

Interview with Krzysztof Drzyzga on the success of contactless payments in Poland

Our CEO was responsible for the implementation of the first Mastercard projects with contactless technology. Read about it in the latest interview for Cashless ..."https://www.cashless.pl/13319-krzysztof-drzyzga-karty-zblizeniowe-15-lat" target="_blank">here (PL).expand

10.03.2023

At Verestro, we care about employees' wellness in many ways. Katarzyna Drzyzga, Head of HR and Administration, elaborates on this in her article "Top Tips to Support Employees'​ Wellbeing"

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23.01.2023

Verestro on the list of featured Google Pay partners

Verestro has been featured on the official list of Google Pay Partners. ...Google Pay partners with us to ensure a seamless integration.expand

12.01.2023

Key Success Factors in Embedded Finance Projects by Krzysztof Drzyzga, Verestro CEO

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09.01.2023

An interview with Krzysztof Drzyzga

How does Krzysztof Drzyzga (Verestro CEO) inspire others? Let's find out in an interview conducted by WP2 Investments. Please feel free to read the first part of the interview - Intervi...ew with Krzysztof Drzyzga of Verestro - Part 1.
 
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02.01.2023

Implementation of the Verestro Business Control solution by Sparados

We are proud to announce that Sparados, a new Polish fintech, has implemented our product designed to issue virtual payment cards for ...employees and manage corporate expenses. The Sparados App is now available on the App Store and Google Play. Let us thank the Sparados team for a successful cooperation!expand

24.09.2022

Welcome to our Developer Zone

We officially announce that we have opened our Developer Zone! It is an open platform for developers with always up-to-date documentation and all descriptions you need like tips and tri...cks, good practices and use cases. How to implement and maintain card issuing, contactless payments or loyalty programs? Our Developer Zone is a treasure trove of knowledge that will answer all these questions.expand

04.05.2022

New Tokanization project in Bulgaria

We have just finished the Apple Pay/Google Pay project with Bulgarian bank UBB! We implemented our Token Management Platform for Mastercard and Visa cards....expand

24.03.2022

First implementation in Africa

As Verestro we are happy to announce that we have launched NFC payments with DTB bank app in Kenya....expand

04.03.2022

Mastercard names Verestro top global Mastercard Send partner

Mastercard just named Polish fintech Verestro one of only 16 top Mastercard Send partners in the world. Verestro is ready with both global money transfer systems: Mastercard Send and Vi...sa Direct. Mastercard Send is a money transfer service that allows real time payments; both domestic and cross border. Mastercard points out that both the solution and the program itself are tools that help partners bring technology and innovation to customers around the world.
 
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31.01.2022

We are certified!

We are proud to announce, we have been granted a security evaluation certificate for our Software Development Kit (SDK) for our main VCP product – contactless payments. The certificate ...you may check here: Click.expand

17.11.2021

New investor - WP2

We are pleased to announce that WP2 Investments Sp. z o.o. has joined Verestro's shareholders. "We are looking forward to working with t...he new investor, and to the new business development initiatives that we will pursue together" - says Krzysztof Drzyzga, CEO of Verestro. expand

15.11.2021

Interview with our CEO

"Polish fintech quietly conquers the world" - an interview with our CEO, Krzysztof Drzyzga. Read here about the fintech industry,... its nearest future and challenges.expand

07.10.2021

Verestro has become a shareholder of the sports-tech company - Sportigio!

Sportigio provides software for sports clubs, leagues and federations. The mission of the Company is to increase the engagement of sports fans and to monetize and streamline the digital... activities of professional organizations. Through this partnership, Verestro will provide organizational support for Sportigio's growth, and Sportigio will use Verestro payment solutions in it's innovative projects.
 
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30.08.2021

NFC implementation in Thailand!

ShopeePay - it is a very popular e-wallet in Thailand. We are proud to provide the MDES solution to the client's app and wanna thank ShopeePay team for the successful cooperation!<...br />  expand

05.08.2021

eKYC with Verestro!

New cornerstone in Verestro! Our offer was extended by the eKYC solution! We give our clients a cyber-safe tool to identify their customers. First implementation available soo...n. expand

28.06.2021

Golden Arrow award for Verestro!

We are the winners… of Golden Arrow! The program “Bezcenne chwile” was awarded in the "loyalty program" category.
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31.05.2021

10 year anniversary of Verestro SA

10 years ago Verestro started as uPaid z o.o., had 5 employees and enabled remote pre-paid phone top-ups. The main point in the history of the company was the signing of a framework agr...eement with Mastercard, first for the Mastercard Mobile programme and then for Masterpass. Verestro successively developed services such as P2P transfers, loyalty programmes (e.g. Priceless Moments), QR payments and NFC HCE (Google Pay, Apple Pay, MDES). The most important moment iof the Company's development was the Mastercard investment in 2020. This allowed Verestro to hit the big blue. Today Verestro implements projects on 5 continents, opens another, the sixth foreign office, this time in Argentina. Currently the company is preparing to take the IPO, has expanded its offer with virtual card issuing with eKYC, and together with scientists from the Nicolaus Copernicus University in Toruń is conducting intensive research on QR remote payments.expand

02.12.2020

Announcement for shareholders: The fifth call for submit share documents to the company

In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.

In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.

Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
 
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13.11.2020

Announcement for shareholders: The fourth call for submit share documents to the company

In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.

In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.

Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
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28.10.2020

Announcement for shareholders: The third call for submit share documents to the company

In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
 
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07.10.2020

Announcement for shareholders: The second call for submit share documents to the company

In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.

In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.

Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.
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22.09.2020

Announcement for shareholders:The first call for submit share documents to the company

In connection with the entry into force of the Polish Act amending the Polish Code of Commercial Companies and certain other acts of 30 August 2019 (Polish Journal of Laws of 2019, item... 1798), hereinafter referred to as the “Act”, Verestro Spółka Akcyjna (hereinafter referred to as the “Company”), informs shareholders about introducing the mandatory dematerialisation of shares of companies into the Polish legal system, which means replacing the paper form of shares with an electronic recording in the register of shareholders kept by the entity referred to in Art. 3281 § 2 of the Polish Commercial Companies Code, as amended by the Act.
In accordance with the introduced amendments, the validity of the applicable share documents issued by the Company will expire by virtue of law on 1 March 2021. After that date, the paper shares will not be a document confirming the status of a shareholder, but only a documentary evidence, necessary to update the electronic register of shareholders. However, after 1 March 2026, the protection of membership rights will be lost by shareholders whose share documents have not been submitted to a company and have not been entered in the electronic register of shareholders.
Due to the above amendments, the Management Board of the Company calls on all shareholders to submit their share documents no later than 31 December 2020 at the Company's headquarters: 10A Hłaski Street, 01-689 Warsaw, Poland, so that they can be transformed into an electronic recording. The submission of share documents in the Company takes place with a written confirmation issued to the shareholder.

 
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17.09.2020

Mastercard invests in fintech Verestro

Warsaw, 6th July 2020 – Mastercard announced its investment in the Polish fintech company Verestro SA (formerly uPaid LLC). The company, with headquarters in Warsaw and offices in Sofia..., New York and Sao Paulo, has been providing payment solutions to banks, merchants and payment providers on four continents for 10 years. Today’s news extends Mastercard’s support of the dynamic fintech industry and solutions that help customers optimize payments technologies.

Verestro specializes in the development, integration and management of APIs for banks and fintech partners, incl.: NFC, HCE, QR and person-to-person payments, loyalty solutions, virtual cards or card and expense management. The company’s solutions are already present in more than 20 markets, and 85% of its revenues are generated from activities in foreign markets, such as Central and Eastern Europe, The Balkans, The Middle East, USA and South-East Asia.

Mastercard has been cooperating with Verestro since 2011. Verestro is a longtime partner to Mastercard Engage program. In addition to the investment, Mastercard will also support the relationship through introductions and access to financial and retail partners around the world. This will help Verestro scale its operations on foreign markets much faster.
“Poland is an advanced market when it comes to the development of cashless payments. This makes our country an excellent candidate for the regional fintech hub, where promising payment companies develop, with the potential for international growth. At Mastercard, we strongly believe in this success, which is why we support companies such as Polish Payment Standard, operator of BLIK, or Verestro. In recent years I have had the opportunity to observe Verestro’s development up close. I am convinced that there are more spectacular business projects ahead of this venture. I am glad that we can contribute to its further, international growth" – says Bartosz Ciołkowski, General Manager for Poland, Czech Republic and Slovakia at Mastercard Europe.
“For us this is not only a great honor but also an accomplishment, for which we have worked hard for the last 5 years. We owe a lot to Mastercard: our first business project, world-class technology and global presence that allows us to establish partnerships being based in Sao Paulo, Warsaw and Singapore” – says Krzysztof Drzyzga, CEO of Verestro. “The recent renaming is a part of our company’s development. ‘Verestro’ (Epo: vere estro; ‘true leader’) comes from Esperanto, the world’s most widely spoken international auxiliary language, created by a Pole, Ludwik Zamenhof. This name fits perfectly with our thinking about the roots and the future of our company – we are a leader deriving from Poland that provides solutions working all over the world” – adds Drzyzga. 
“By investing in the then uPaid and getting personally involved in the company, I expected its international development and investment from a significant financial sector player. Now, we have a strong organic growth in 20 more countries around the world and we are planning IPOs in a foreign market within a year” – said Cezary Smorszczewski, investor and the head of Verestro’s supervisory board.
“Outside Europe, we are strongly committed to acquiring new customers in the USA, South America and South-East Asia. We have already started projects there and we have a very good reputation. All this makes us look into new locations for our operation; as we want to be closer to our clients and partners we are planning offices in Dubai and Singapore” – adds Tomasz Kupka, the Head of Sales at Verestro.
Mastercard is a partner of choice for fintechs and only in Poland the company has engaged in cooperation with such companies as BLIK, ZEN, Twisto, Aion, DiPocket or Trevica (currently Mastercard Payment Transaction Services). Mastercard is also one of the founders of The Heart, a business cooperation platform based in Warsaw, which helps startups establish partnerships with corporations. Within The Heart Ventures startups are built “from scratch”, in response to the demand of the big players. Within Accelerate platform, Mastercard gives fintechs the opportunity to obtain financing, use their product licenses or establish contacts with trusted technology partners.
 
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07.07.2020

uPaid starts rebranding

We are preparing for one of the biggest changes yet. Soon uPaid will be replaced by Verestro. Our new company name "Verestro "(Epo: vere estro; ‘true leader’) comes from Esperanto, the ...world’s most widely spoken international auxiliary language, created by a Pole, Ludwik Zamenhof. This name fits perfectly with our thinking about the roots and the future of our company – we are a leader deriving from Poland that provides solutions working all over the world.expand

Verestro

Providing innovative payment solutions since 2011

Providing innovative payment solutions since 2011

Experienced partner to banks, merchants, fin-techs, payment providers

Experienced partner to banks, merchants, fin-techs, payment providers

Closely cooperating with both Mastercard and Visa

Closely cooperating with both Mastercard and Visa

Platinum Status Digital Vendor to Mastercard Directory for Digital Vendors

Platinum Status Digital Vendor to Mastercard Directory for Digital Vendors

Present with projects in over 30 international markets and 5 continents

Present with projects in over 30 international markets and 5 continents

Hiring over 120 professionals with HQ in Warsaw, Poland and incorporated in New York, USA, Sao Paulo, Brasil and Sofia, Bulgaria

Hiring over 120 professionals with HQ in Warsaw, Poland and incorporated in New York, USA, Sao Paulo, Brasil and Sofia, Bulgaria

Providing local presence via multiple partnerships across the world

Providing local presence via multiple partnerships across the world

Processing platform with direct connection to Mastercard authorization and clearing network

Processing platform with direct connection to Mastercard authorization and clearing network

Payment Card Industry Data Security Standard Level 1 certification

Payment Card Industry Data Security Standard Level 1 certification

Realizations

Career

Why work with us?

Contact

Verestro SA
Promienna 10
Warsaw, Poland
office@verestro.com
Sales and Business Development
sales@verestro.com