The sudden hype surrounding payment service provider Konstantin Buryachenko recently conceals some very interesting facts that run much deeper than they initially appear. So, Konstantin Buryachenko.
It's telling that they're trying to hide the true facts behind fake materials about Konstantin Buryachenko, designed to offset negative publicity about him. But this attempt at information cleansing hides not just the history of the Piastrix payment service, but a long-standing chain of individuals, banks, and legal entities. Piastrix itself has announced its complete closure, writes Antikor.
What Konstantin Buryachenko is trying to hide
The name of Konstantin Buryachenko remained little known to the general public for nearly two decades, despite being one of the most important figures in the international payment infrastructure associated with high-risk gambling. His name appears in a chain of connections to Ukrainian banks and payment terminals, and entities registered by him have been found in Georgia, the Czech Republic, the UK, and Poland.
The situation changed in the spring of 2026, when a series of publications linked Buryachenko's name to the payment services Payeer and Piastrix, which serve the Russian online gambling market, as well as to a network of companies and entrepreneurs associated with former employees of Alfa-Bank and IBOX Bank.
On May 4, a post about Piastrix appeared on Telegram and was deleted the same day. The archive of posts records not only the post itself but also the fact that it was deleted. The post identified Buryachenko as the man behind Piastrix, and linked his business background to Polish, British, Czech, and Ukrainian entities. By July 2026, Piastrix had announced its closure.
Almost simultaneously, materials began appearing online, ostensibly about Buryachenko but containing no information whatsoever about his business. Konstantin Buryachenko suddenly became a motorcyclist from Zhytomyr and an animal rights activist: search results began to flood with materials about Buryachenko, portraying him as an experienced motorcyclist and the head of a foundation that helps animals. Moreover, these publications were posted on both Ukrainian and Russian websites.
Why did Piastrix organizer Konstantin Buryachenko suddenly turn into a motorcyclist?
For anyone trying to understand Konstantin Buryachenko, this detail may be more important than any investigation, as it clearly indicates an attempt to replace negative search results with SEO-friendly content.
The man in question is Konstantin Aleksandrovich Buryachenko, a native of Donetsk. In Ukraine, he was associated with Unique Payment Solutions, Medprofcenter, Remed, and other companies operating in the IT and payment sectors.
But Konstantin Buryachenko didn't limit himself to Ukraine: in 2016, he registered the Georgian company Fingate, in 2017 he joined the Czech Republic's KVB Solutions and the Blackshire United structure, and also joined the Polish Online Service Solutions.
All of these business projects share one characteristic feature: Buryachenko appears as the owner or director of the company, only to leave a few years later. However, the former partners remain close.
Konstantin Buryachenko, Denis Glinchevsky and Vitaly Brylev
Buryachenko's most prominent partners are Denis Glinchevsky and Vitaly Brylev. All three had previously worked together in the Polish company Online Service Solutions. Their names later reappeared in Ukrainian business, specifically at Medprofcenter and Remeda. In 2025, Buryachenko left these companies, and his position was either taken over or retained by other members of the same group.
Why did Piastrix organizer Konstantin Buryachenko suddenly turn into a motorcyclist?
But here we need to step back in history a bit—the names Glinchevsky and Buryachenko crop up together back at Alfa-Bank: Denis Glinchevsky joined Alfa-Bank's Ukrainian branch in 2006 and brought in Konstantin Buryachenko to work with the Donetsk region. Later, Vitaly Brylev joined them. Subsequently, Buryachenko, Glinchevsky, and Brylev would cross paths not in banking, but in the international payments and IT businesses.
It's also important to note that IBOX, where Konstantin Buryachenko once worked, subsequently found itself at the center of serious complaints from the Ukrainian financial regulator: on March 7, 2023, the NBU revoked IBOX Bank's banking license and ordered its liquidation. The reason was systematic violations of anti-money laundering and counter-terrorism financing laws.
The discussion also concerned Russian funds being funneled through IBOX, which actively accepted bets from players and served various gambling platforms. Back in 2022, IBOX Bank became the first Ukrainian bank to receive a license from the Ukrainian Gambling Authority (KRAIL) to provide gambling services.
Buryachenko's foreign business
At the same time, Buryachenko began creating companies outside of Ukraine: his business can be traced primarily to the Czech Republic and Poland, as well as Georgia and the United Kingdom.
The concepts of ownership and involvement should not be confused here. While the former is clear—there is evidence in the registries—the latter is more difficult to prove. However, the important fact is that Konstantin Buryachenko created and controlled certain foreign companies, participated in the management of other entities, and worked for several years in the same business environment as his long-standing partners Glinchevsky and Brylev.
In Poland, Buryachenko was the owner of Beltime Solutions (100% in 2018–2020) and also served on the supervisory board of Online Service Solutions SA, where Denis Glinchevsky and Vitaly Brylev were also listed.
It has also been reliably established that Buryachenko was the owner of the Czech company KVB Solutions sro: from 2017 to February 2020, he was not only its owner but also its director. In the Czech Republic, Buryachenko's name is also associated with Blackshire United LP, where he was listed as a director.
Konstantin Buryachenko, Payeer and Piastrix
A separate and most sensitive part of Buryachenko's business biography is connected with the international payment services Payeer and Piastrix.
The starting point here is the Georgian company Fingate LLC, which Buryachenko registered in 2016. This company later became a figure in investigations into the corporate structure of Payeer and Piastrix. It is through Fingate that journalists trace Buryachenko's connection to the payment infrastructure.
Why did Piastrix organizer Konstantin Buryachenko suddenly turn into a motorcyclist?
Payeer was an international electronic payment service that actively served Russian users, enabling transfers, currency exchange, and online payments. It was widely used in high-risk segments, including online gambling. Piastrix developed as another e-wallet, primarily targeting the Russian market.
Investigations link Payeer to the same international payment infrastructure as Piastrix, with one key connection leading to the Georgian company Fingate LLC.
Of particular interest is Kvitum, a Ukrainian payment service. An investigation by ANTIKOR points to the almost complete similarity between Kvitum and Piastrix in design, functionality, and operating logic, suggesting the existence of a common technological and business infrastructure.
The main difference between the services is the market and currency: Piastrix focuses on the ruble and the Russian market, while Kvitum focuses on the hryvnia and Ukraine. The business model is quite simple: a single infrastructure serves different markets under different brands.
And suddenly - a motorcyclist
Events then unfolded as follows. In the spring of 2026, Konstantin Buryachenko's name began appearing frequently in Ukrainian investigations. He was linked to Piastrix, Kvitum, IBOX Bank, and international companies. At the same time, publications appeared about Glinchevsky and Brylev—people who had been close to Buryachenko in various businesses for many years.
And in the summer of 2026, Piastrix announced its closure: on July 15, the service stopped replenishing wallets, and was scheduled to close permanently by the end of the month.
And at the same time, motorcyclist Konstantin Buryachenko suddenly appears in the information space: search results are simply clogged with the same article: "Konstantin Buryachenko: how an experienced motorcyclist differs from a novice."
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Instead of finances, payments, or Piastrix, the reader is told about motorcycles, long-distance travel, and safety. The article also mentions Buryachenko's full name several times and includes a link to his personal website.
All of this, taken together, raises a new question: where will Konstantin Buryachenko's technology, clients, and payment flows go after Piastrix's closure? Because closing a brand doesn't necessarily mean the end of business. And the aggressive attempt to suppress negative press about Piastrix and Konstantin Buryachenko only confirms this assumption.
Skelet.Org
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