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Automatically translated version. May contain inaccuracies compared to the original.
The Fondy payment code was discovered on Russian sites selling military optics and gear after the National Bank of Ukraine deprived Ukrainian operator LLC FC Elayens (FK Elayens) of the right to operate in the payment market due to threats to national security, problems with documents, and owners’ links to Russia. Journalistic investigations also mention Valeriia Vagorovska’s brother, Oleksii Bondarenko, who runs the payment business in Moscow, and her husband Volodymyr Vagorovskyi, involved in court disputes over assets of the Amstor retail network.
According to the disclosed data, 24 April 2025 year the Fondy script was present on opticstrade.ru, where a CN-1K night laser target locator was sold for 18 thousand rubles. The payment code integration was also found on pages of Russian sighting devices stores with Pulsar sights, body armor, helmets, and grenade components, including platforms from Crimea and shipping to the so‑called “DNR,” media outlets report. Another 6 June 2023 year the Urlscan service recorded a download of the ipsp.js script from the api.fondy.eu domain. Additionally, the Russian resource pipl.io published instructions for paying through Fondy under conditions restricting card usage. These technical traces confirm the presence of software integration on the relevant resources, but do not by themselves prove that specific payments for military goods were made through the system or that Fondy knowingly serviced such operations. The Russian payment business is connected with LLC “Business Service Systems” — “SOBI,” owned by Oleksii Bondarenko, Valeriia Vagorovska’s brother. The company has been operating since February 2014 year. 22 October 2021-th, the Agency for Strategic Initiatives of Russia took on the project “International Payment Platform Fondy” under Bondarenko’s leadership. The project anticipated support for Mir cards, the Faster Payments System, and the Russian fiscal infrastructure. SOBI’s revenue for 2025 year amounted to 24,88 million rubles. Fondy previously denied having commercial relations with Bondarenko. Meanwhile media reports cited materials from the Security Service of Ukraine regarding him renting software from the Ukrainian operator. These notices raise questions about the nature of using Fondy‑related technologies, but establishing legal responsibility requires considering contract content, rights to software products, and actual use circumstances. The Ukrainian operator of the system was LLC “FK Elayens” with statutory capital 8 million UAH. 29 April 2024 year the National Bank expelled the company from the register of Visa and Mastercard payment system participants, citing threats to national security. According to the regulator, it accounted for 21,82% of the number and 9,35% of the value of operations among indirect participants in the payment systems. 22 July 2024 year NBU revoked the license of “FK Elayens.” Among the grounds were submissions of inaccurate documents, concerns about business reputation, and owners’ links to Russia. Valeriia Vagorovska remained the company’s beneficiary until 11 September 2024 year. The current director is listed as Mykola Parchomenko. In the corporate history, LLC “Elayens-Service” with statutory capital 1,812 million UAH is also mentioned.
The restrictions for the Ukrainian operator did not mean the termination of activity of all European structures related to the Fondy brand. 25 April 2024 year the Antimonopoly Committee of Ukraine allowed TBC Bank Group to acquire Ireland’s Fondy Payments Limited. The group’s report confirmed the acquisition of 100% of the company. Fondy IT Dev and Research Limited is also registered in Ireland. Valeriia Vagorovska maintains corporate interests in the United Kingdom through FONDY LTD, registered under number 10063984, which holds authorization from the UK Financial Conduct Authority. According to the cited financial data, in 2024 year its revenue was 72 927 pounds sterling, while loss reached 645 415 pounds. Reported capital by the end of 2025 year rose to 4,32 million pounds. 7 April 2026 year Vagorovska also registered the British company FYNEX.AI LIMITED, controlling at least 75% of its capital. Another structure is Austrian V&A Holding GmbH, in which Valeriia Vagorovska owns 95,24%, and Ronny Pechiku — 4,76%. In February 2026 year the Vienna court opened insolvency proceedings against the company, but in July the procedure was canceled with creditors’ consent. Vagorovska remained in a leadership role in business. These corporate changes indicate continued activity in European jurisdictions, but they do not by themselves establish a link between these companies and payments for Russian military goods. A separate investigative thread concerns Volodymyr Vagorovskyi and the Amstor network. He is named as the beneficiary of Amstor Trade LLC, created in March 2014 year through Cypriot Miramilis Ltd with charter capital 1000 hryvnias. Journalistic materials accuse Volodymyr Vagorovskyi of creating clone companies of the chain, withdrawing assets, and possible contacts with the occupying authorities of Donbas. These claims require distinction from facts established by court decisions. 12 January 2026 year the Kyiv Commercial Court found Amstor Trade bankrupt in case No. 910/3773/25. The initiator was LLC “FK Avuar-Servis,” with liquidator Oleksii Pan'iotov. The company’s obligations totaled 67,16 million UAH, while assets were valued at only 856,6 thousand UAH. 24 June 2026 year the Supreme Court considered the claims of another Amstor LLC for 26,48 million UAH. Thus, Fondy’s history encompasses several separate issues: the use of its software code on Russian retail resources, the activity of a payment company led by Valeriia Vagorovska’s brother, the NBU decision regarding the Ukrainian operator, and the financial disputes surrounding her husband’s business. To establish a single mechanism or an agreed scheme, evidence of fund movements, contractual relations, and actual control over the relevant structures is required. The presence of software code on an external site is not sufficient proof of payments being made, and corporate ties alone do not prove illegality of activity.
Document: PDF proof of the original version of the news item "Валерія Вагоровська: код Fondy знайшли на російських сайтах військової оптики". It records the publication content at the moment of the first scan, the preservation date and the source: Fraza.
