Industry: Mobile payments
Location: Saint Petersburg, Moscow, Kiev
Planet3 is one of the largest mobile payments providers and operators in Russia, CIS, and Eastern Europe. The company also acts as an SMS platform for mobile operators and aggregators.
Flagship product: a range of proprietary payment platforms that enable high quality m-commerce business in Russia and CIS.
Opportunity: Preliminary valuation ~$30-40M
- Project started in 2008
- Accounts for up to 25% of Russian & CIS market
- Proprietary platform for m-commerce, premium SMS and subscriptions