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Automatically translated version. May contain inaccuracies compared to the original.
Kostiantyn Burachenko, whom journalistic investigations associate with international payment services Piastrix and Payeer, in spring and summer 2026 of the year found himself in the spotlight due to business connections in the payment sphere and the appearance of materials that change search results about him. In July Piastrix announced a cessation of operations, and concurrently publications began to appear online in which Burachenko is presented mostly as a motorcyclist and animal rights activist.
According to data cited in the investigation, Burachenko for almost two decades was connected with companies and projects in the payment and IT sectors. His business activity is traceable in Ukraine, Georgia, the Czech Republic, Poland, and the United Kingdom. Among Ukrainian structures are mentioned “Unique Payment Solutions,” “Medprocenter,” and “Remed.” Separately, Burachenko’s ties to Denys Hlinchevskyi and Vitaliy Brylov are traced. All three appeared in the Polish Online Service Solutions, and later their names intersected in Ukrainian companies. Earlier Burachenko and Hlinchevskyi also worked at Ukrainian Alpha Bank. According to the data, Hlinchevskyi joined the bank in 2006 year and recruited Burachenko to work in the Donetsk region. In Poland Burachenko owned Beltime Solutions in 2018–2020 years and served on the supervisory board of Online Service Solutions S.A. In the Czech Republic he was the owner and director of KVB Solutions s.r.o. from 2017 year until February 2020-th, and also appeared as the head of Blackshire United L.P. Another element of this business history is the Georgian Fingate LLC, registered by Burachenko in 2016 year. It is this company that journalistic investigations associate with the corporate structure of the international payment services Payeer and Piastrix. At the same time, the data cited do not in themselves prove that Burachenko directly controlled all mentioned services. Payeer operated as an international electronic payment service, with directions including transfers, currency exchange, and online payments. Piastrix positioned itself as an electronic wallet and, according to the investigation materials, was oriented, in particular, toward the Russian-speaking market and high-risk segments of online gambling. The authors of the investigation pay special attention to the Ukrainian payment service Kvitum. They point to the similarity of its design and functionality with Piastrix and suggest the use of a common technological or business infrastructure. At the same time, this statement requires separate documentary confirmation. Another important episode is the IBOX Bank story, where Burachenko worked at one time. 7 in March 2023 year the National Bank revoked the bank’s license and decided to liquidate it. The regulator stated systematic violations of laws in the area of anti-money laundering and financing of terrorism. In May 2026 year, a material appeared on Telegram naming Burachenko as a person connected with Piastrix. The publication of the same day was deleted, but, according to the data, its existence persists in archives. In July Piastrix announced cessation of operations: 15 on July the service stopped wallet top-ups, and final closure was planned by the end of the month. Against this background, search results began to show materials about Burachenko as a motorcyclist. They almost do not mention his payment business, Piastrix, or other companies; instead, the focus is on motorcycles, travel, and safety. The authors of the investigation regard this as a possible attempt to push negative information out of search results. The mere fact of Piastrix’s closure does not provide grounds to claim that the technologies, client base, or payment infrastructure associated with it will continue to operate under a different name. At the same time, the future fate of assets, technologies, and business connections that journalists associate with Burachenko remains a subject of attention.
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Document: PDF proof of the original version of the news item "Костянтин Буряченко та Piastrix: що приховує організатор платіжних сервісів?". It records the publication content at the moment of the first scan, the preservation date and the source: Fraza.
