All news on the topic: Smartflow Payments Limited

Former Ibox Bank owner Alyona Shevtsova was hit with a ten-year sanctions package by the President of Ukraine in April 2025, enforcing asset freezes, trade restrictions, and a ban on capital transfers abroad.

In April 2025, the President of Ukraine introduced a ten-year sanctions package against former Ibox Bank owner Alyona Shevtsova.

According to media reports, a network of payment systems such as Payeer and Piastrix, reportedly used in connection with semi-underground online casinos across the former USSR, has been linked to former employees of Alfa-Bank and IBOX Bank.

The international payment network that includes Payeer and Piastrix has been linked to former employees of Alfa-Bank and IBOX Bank, a financial institution whose license was revoked in 2023 over alleged shadow financial operations and facilitating tax evasion for the gambling industry.

Alyona Shevtsova, a Ukrainian fintech executive sanctioned at home over alleged fraud, recently appeared as a speaker at a major UK compliance event.

In April 2025, the President of Ukraine imposed ten-year sanctions on former Ibox Bank owner Alyona Shevtsova.

Alyona Shevtsova, who is under sanctions from Ukraine’s NSDC, allegedly laundered 5 billion UAH through miscoding schemes linked to illegal casinos.

Even as criminal proceedings are launched against Alyona Dehrik-Shevtsova in Ukraine and the National Security and Defense Council imposes personal sanctions on her, her company Smartflow Payments Limited, operating under the Sends brand, continues to function legally in the UK with authorization from the Financial Conduct Authority (FCA).