MISSION CRITICAL: DELIVERING
A LICENSED CARD ISSUING PLATFORM UNDER STRICT REGULATORY DEADLINES

STARTING IN LATE SUMMER — DEADLINE: DECEMBER 15

Launching a new financial product from scratch always requires precision — especially when it involves a regulated market, integration with national payment infrastructure, and a strict requirement to support card services from the very first stage.

This was exactly the context in which FinPay approached us — a company that provides payment infrastructure for e-commerce and digital businesses.
From now on the company is among a very limited number of non-bank financial institutions in Ukraine licensed by the National Bank of Ukraine to issue payment cards.

For FinPay, this project marked the start of a new direction: a new financial ecosystem, with the deployment of a card issuing platform as its core element. That is why it was important not only to implement the technology, but to establish a solid foundation for the product’s further development.

Work on the project began in late summer 2025. From the outset, it was clear that this was not an experiment or a gradual pilot. It was a clearly defined path to production, with fixed timelines and high requirements for stability.
When you need a fast launch without error, you turn to those who have already been through this path.

MULTIPLE TEAMS,
ONE CONTROLLED FRAMEWORK

Under these conditions, you look for a technology partner who is ready not only to provide solutions, but to take responsibility for the integrity of the entire process. For us, this meant full immersion in the project — from architectural decisions to coordinating interaction between all participants.

The project involved five different companies, each responsible for its part of the integration chain. Acting as the technical orchestrator, we built a single, controlled operational framework — covering accounts, cards, transaction control, and reporting. This unified approach required precise process management and continuous oversight at every stage to keep all workstreams aligned and on schedule.

The card processing capability required particular attention — a complex and critically important part of the financial platform.
Implemented within Ukraine’s national state card payment system, it demanded a heightened level of reliability, security, and readiness to operate under real production load from day one.

The reliability of the launch was the result of coordinated work among all project participants, including key elements of the national payment infrastructure. Approval and connection stages for the card system were critical for the start, and FinPay navigated them efficiently thanks to clear, structured communication with regulatory bodies.

FROM REGULATORY APPROVAL TO FIRST LIVE TRANSACTIONS

On December 1, 2025, the FinPay platform successfully passed National Bank of Ukraine tests for executing interbank payment operations in the national currency and was registered in the directory of participants of the Electronic Payment System.

And already on December 12 — following the first electronic payments via IBAN — the first card authorizations were performed within Ukraine’s national state card payment system, meeting the agreed deadline of December 15.

A PRODUCTION-READY PLATFORM BUILT FOR
THE NEXT STAGE OF GROWTH

This launch marks the beginning of a phased rollout of the financial platform, which will reach full-scale commercial rollout in 2026.

We stay with the project at every step — as a technology partner ensuring system stability, process controllability, and readiness for growth. Our experience shows that the right architectural foundation allows financial innovators to scale with confidence — sustaining high transaction loads and serving millions of users without disruption.

The FinPay project is a strong new chapter in our practice. It demonstrates that even the most complex regulatory and technical transitions can be executed with precision when built on resilient infrastructure. This is only the beginning of a story that is yet to fully unfold.

Learn more about Lime Systems products used in regulated banking and payment environments.