Competo Limited Liability Company (Competo LLC or Competo) is a full-cycle IT development and business implementation company with its offices in Baku and Kyiv.

The Company was established in September 2018, the head office is located in Baku. The managing business team consists of expatriates with extensive experience in the Belarusian, Russian, and Ukrainian markets of financial and digital products in retail and banks spheres. Starting from March 2020, Competo LLC is a subsidiary of PASHA Holding LLC.

Competo’s target is to help businesses find new solutions and multiply profits through the introduction of innovative IT projects and tools. The Company specializes in projects in the field of e-commerce, digital marketing, CRM and Data Science, as well as the development of payment technologies and IT-integration mechanisms in the field of retail.

In May 2019, the Umico (Universal Mobile Intelligent Concierge) coalition loyalty bonus program was launched on the Azerbaijani market, the first of the digital service planned for the next 3 years. The Umico mobile application on iOS and Android platforms allows customers to receive cashback from purchases in the largest retail chains of Azerbaijan in all trading categories, as well as directly from manufacturers of goods (brand owners/distributors).

Further, Competo offers services for banks and retail companies to develop their businesses and maximize profits through the introduction of innovative financial and IT services. Being sensitive to the needs of its customers, Competo offers the following services:

  • Product Development
  • IT Development
  • Marketing and Online Sales
  • Multi-channel Sales
  • Data Science-based CRM 
  • Remote Business

In November 2020, the first Marketplace (online shopping platform) in Azerbaijan – Umico Market was launched on the website and in the Umico application. Here, customers can buy thousands of products with home delivery. In addition, through the existing Umico Bank, it is possible to manage your bank accounts, bank transfers, utilities and other payments, and even VAT refunds.