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Another Good Year for ASEE and Payten, Fueled by Organic Growth and Acquisitions

Message from Piotr

During 2021 we grew both organically and through acquisitions in Banking, Payment and Dedicated solutions. We finalized acquisitions both on ASEE and Payten sides. We have expanded our e-commerce business and expertise with the purchase of Vebspot in Macedonia, the owner of Grouper e-commerce platform, ContentSpeed, a leading e-commerce software & solution provider in Romania and WSPay, one of the first payment gateways in the SEE region. Our purchase of Things Solver advanced analytics company in Serbia will enrich our AI and machine learning offering.  With the acquisition of IT Sistemi and eVision in Croatia we have strengthen our BPM business and confirmed leading position in the field of digitalisation. Our most recent purchase of BSTS in BiH, a very strong player in the SEE region within providing systems for monitoring and managing traffic on highways and in tunnels will enrich our smart cities and traffic management offer.

On top of that in the last months of the year we successfully implemented a number of projects within digital transformation of the banks, signed new contracts, developed new solutions, came up with a number of new business initiatives. We have launched the Customer Advisory Board for Inact Fraud Monitoring and Prevention Solution to come together with the top banking customers in Turkey to listen to them more closely, understand their needs and challenges as well as to discuss the market dynamics in order to shape the product roadmap. We implemented Digital Self-Servicing application in Sberbank Banja Luka, enabling better user experience and faster transactions. In Alta Bank in Serbia, Backend Connectors were implemented to enable the use of Digital Edge solution featuring a new design of web and mobile apps and the QR functionality, with bank’s current core banking system. ASEE also enabled SWIFT standards MT release for 39 banks in Serbia, BiH, Montenegro and Croatia.

In Turkey Ziraat Participation Bank selected ASEE Fidelity to manage their assets and spending. On Payten side Turkey’s leading alarm and monitoring company Kale Security Systems selected Merchant Safe Unipay solution to manage their online payments. Payten’s Paratika Crowd Funding Online Payment System Project has been nominated and shortlisted as the Most Innovative Project of the Year by the Payment Systems Magazine.

Payten also delivered new Diebold Nixdorf ATMs to Zagrebačka banka in Croatia and POS terminals to Credins Bank in Albania as well as 30,000 Android POS terminals to fleet management company FMT in Serbia and  SoftPOS solution for UniCredit Bank in Czech Republic and Slovakia enabling every small and micro merchant to accept cashless payment methods. Our card processing company Chip Card provided a solution for the payment card acceptance service at the Dunav osiguranje online store, which provides the clients with safer and easier online payments option.

As we are approaching the end of the year I would like to thank all employees, partners and clients for successful 2021 and wish all of us prosperous and healthy 2022.


Piotr Jeleński

ASEE & Payten CEO