The Money20/20 conference took place in Amsterdam from June 3 to 5, 2025. Torus participated for the second year in a row. At the Startup Hub pitch session, Kirill Lisitsyn, CEO and Co-Founder of the company, explained how card transactions work and how transparent pricing can be achieved in a trillion-euro industry.
Money20/20, the world’s leading fintech conference, once again brought together market leaders for the boldest and most relevant discussions. Among 450 speakers from 40 countries was the Torus team. The scale of the event was truly impressive, with more than 2,200 participating companies that got the opportunity to network, collaborate and find partners in order to create transformative technologies in the industry.
At our booth we presented a prism so familiar to everyone. Only in our case it split scheme fees into separate card transactions. Over the three intense days of the conference it became the center of attention for all music lovers at Money20/20 both among visitors, potential partners and staff.
Our company was right at the heart of the action. Kirill Lisitsyn shared insights about hidden transaction leakages. Among their causes are constantly shifting scheme fees, as well as business margin decisions based on guesswork rather than data.
Torus offers a toolkit based on intelligence SaaS analytics that allows to predict and optimize costs. Torus maintains an accuracy level of 98% thanks to monthly check-ups and the comparison of forecasts with actual invoices.
