TMT Investments, a Russian VC fund, invested £500,000 in 3S Money, a banking online service focused on global activity, Firrma.ru reported.
3S Money is a licensed payment platform that offers cross-border companies bank accounts in a country and currency they choose for their business. The platform also renders a range of popular banking services such as the opening of an account for individuals and legal entities, online payment processing, card processing, etc., using a smart combination of advanced fintech solutions and conventional banking capabilities.
The platform is part of the finance group 3S headquartered in London with rep offices in Latvia, Luxembourg, and the Netherlands. The founders are Ivan Zhiznevskiy and Andrei Dikushin.