The ownership of Payeer is rather confusing. The company is jointly owned by Vanuatu based Paycorp Limited and Estonia based Fincana Limited. By that token, the respective owners - Steven Kark, Rowan Swartz and Stanislav Lattu should have full rights over the company. However, it has been found from multiple reports that one Liubov Svenzhentseva of Russian origin is the beneficial owner of Payeer. Interestingly, she is also believed to be the owner of Paycorp Limited as well as Fincana Limited. In fact, she has been found to be registered as a nominee director of Paycorp Limited.