Bishkek, April 2, 2025 — Bank Kompanion and Mongol ID Holding, a UK-based fintech innovator, have signed a Memorandum of Understandingto introduce advanced payment technologies in the Kyrgyz Republic.

Minu Payment Solutionsis a digital payments leader offering next-generation services such as POS terminals, QR payments, virtual cards, and integrated business systems. This partnership opens new opportunities for embedding innovative technologies into Kyrgyzstan’s banking sector.

“Today marks a significant milestone,” said Margarita Cherikbaeva, Chairperson of the Management Board at CJSC Bank Kompanion.
“Our collaboration with Minu will allow us to optimize payment processes and elevate customer service to new heights. We believe this partnership will strengthen both parties’ market positions and accelerate the development of accessible, cutting-edge financial solutions.”

Bank Kompanion continues to reinforce its position as a reliable partner for entrepreneurs, delivering smart solutions tailored to the needs of modern businesses.

“We are excited to bring our technologies to Kyrgyzstan and work with Bank Kompanion,” said Bodgerel Bat-Orshikh, Deputy CEO of Minu Payment Solutions.
“Our tools help businesses streamline operations, boost efficiency, and grow in the digital economy.”

As part of this strategic cooperation, Bank Kompanion plans to expand its suite of digital services for businesses. A key focus will be the enhancement of merchant acquiring, enabling the acceptance of non-cash payments via POS terminals and QR codes.

“This is more than expansion — it’s the creation of a digital bridge between the United Kingdom and Central Asia,”
said Tugstuguldur Baasansuren, Strategy Director at Mongol iD.

This initiative is especially relevant for small and medium-sized enterprises (SMEs), which need to offer convenient payment optionsto their customers.

Key benefits of Bank Kompanion POS terminals:

• Instant settlement of funds

• No need to visit a bank branch

• No subscription fees

• Integrated fiscal printer (KKM)

• Free Visa Business card

• 24/7 customer support

Bank Kompanion provides not just equipment, but full-scale support and development. Our specialists will open an account, issue a business card, install the terminal, and train your staff.

Submitting an application takes just a few minutes — via the website or by calling the short number 88 00 (also available on WhatsApp: +996 770 33 88 00).

About Bank Kompanion

Bank Kompanionis one of the leading financial institutions in Kyrgyzstan, offering modern banking solutions for individuals, entrepreneurs, and the corporate sector.

The Bank’s network includes 107 service locationsand more than 3,500 agents, ensuring access to financial services even in the most remote regions.

Its mobile banking app ranks among the most popular financial applications in the country — a testament to the trust of users and the Bank’s commitment to digital innovation.

Bank Kompanion actively supports small and medium-sized business development, implements social and environmental initiatives, and was the first bank in Kyrgyzstanto join the Global Alliance for Banking on Values, demonstrating a strong commitment to sustainable and responsible banking.