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Country: Moldova
Industry: IT and Telecommunications
Andrey Aydov

CEO of QSystems

Moldova

 

Professional Background

Aidov began his career in banking IT long before it became mainstream. In 1999, he headed the IT department at Banca de Economii and built the bank's automation processes from scratch. In 2001, he founded QSystems — a company that has since been developing mission-critical platforms for banks, government institutions, and cross-border payment systems.

QSystems was one of the pioneers behind MPay — Moldova’s national electronic payment platform (launched in 2013) — and remains its technology partner to this day. The company’s portfolio includes solutions for the Central Banks of Uzbekistan, Armenia, and Tajikistan, as well as private players in the fintech industry.

Company Specialization

QSystems develops large-scale platforms for national and cross-border payment infrastructure. The company's products tackle issues of financial security, transparency, and efficiency — from government services to everyday utility payments in residential buildings.

Key Products / Services

 – CRP (Centralized Remittance Platform): a platform for central banks to control international money transfers, mitigate currency risks, and verify transactions
 – Direct Payment Network: an alternative to international payment systems — an API infrastructure for direct cross-border transfers between banks and payment institutions
 – Factura: a digital ecosystem for managing multi-apartment buildings: payments, documentation, services, voting

Contact Points

 – Digital transformation projects for central banks and governments
 – Infrastructure solutions for remittance markets (Central Asia, Eastern Europe, MENA)
 – Turnkey platforms for fintech companies and banks with high transaction volumes
 – Digitization of residential complexes for homeowners’ associations
 – Tender partnerships for large-scale B2G/B2B projects

Hobbies

Diving


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