The question we receive the most: what the FYST? To put it simply: We are a payment solution powerhouse serving online businesses across the globe. Think of us as your dedicated partner in navigating the complex landscape of payments. Here's what makes FYST: 1. People-first approach: we always prioritize people, in everything we do. 2. Client-centricity motto: a full-service suite to power your payments, from tech supervision to maintenance. 3. Purpose-driven focus: a rich ecosystem of partnerships and solutions, tailored to your needs. With a mission to help online businesses streamline transactions, FYST combines secure custom technical capabilities with industry-leading expertise. P.S. Want to join us on this journey? We're always looking for hungry & ambitious people.
FYST
IT System Custom Software Development
We power payments with custom solutions, best-in-class expertise & people in mind.
About us
FYST [faist] is a one-stop payment solution powerhouse for global online businesses. We serve as a mediator between you and your custom payment needs. Here's how: - a team of experienced payment professionals - tech supervision & maintenance support - a rich & diverse partnership ecosystem - agile & unique payment capabilities Designed to power online payments, FYST combines secure custom technical capabilities with best-in-class industry expertise to help global businesses thrive and flourish.
- Website
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fyst.com
External link for FYST
- Industry
- IT System Custom Software Development
- Company size
- 51-200 employees
- Headquarters
- Riga
- Type
- Public Company
- Founded
- 2022
- Specialties
- fintech, digital money, and payment gate
Locations
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Primary
Dzirnavu iela 42
Riga, LV-1010, LV
Employees at FYST
Updates
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4 surprising facts about real-time transactions: 1️⃣ In 2023, its number reached 266.2 billion 2️⃣ There's been a 42% increase in real-time transactions 3️⃣ These transactions make up 19% of all electronic transactions 4️⃣ By 2028, 575 billion transactions are expected to be electronic The rapid rise in real-time transactions is revolutionizing how we handle money and this trend is set to continue (we’re excited to see what’s coming)!
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The next 7 years are marked by one prediction: a strong growth of cross-border payments. Here are 3 key drivers: 1. Real-Time Payments (RTP) boost liquidity and financial stability by unlocking working capital and reducing transaction times worldwide. 2. Distributed Ledger Technology (DLT) enhance transparency and traceability, cutting fraud risk, and bolstering security. 3. Embedded Finance transform financial services through open banking, open finance, modular banking, and banking-as-a-platform (BaaS). By the way, cross-border payment flows are projected to increase up to US$290 trillion by 2030 😱
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Are you ready to be part of something amazing? FYST is on the lookout for ambitious and energetic individuals to join our team (we have multiple open roles across various departments!). 🚀✨ Want to be our next new team member? Click the link and send us your CV to apply: https://fyst.com/careers We can't wait to meet you! 👋
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