Fintech Without Frontiers (FWF), an initiative established during the war in Ukraine to provide support to fintechs in the country, has teamed up with major financial associations of Ukraine.
FWF is extending its focus to help fuel the growth of the Ukrainian economy by enabling easier international collaboration between fintechs and talent while ensuring they are able to continue their work in the Ukrainian ecosystem.
The EMA Payment Association, All-Ukrainian Association of Financial Companies and the Blockchain Association of Ukraine have now partnered with FWF and will collaborate across borders to drive growth in Ukraine and contribute to the creation of a global fintech ecosystem.
Huw Davies, FWF founder and co-founder & CCO at Ozone API, said: “We’re excited that FWF has partnered with key Ukrainian fintech associations to create more opportunities for fintech talent and enable further collaboration. FWF will continue expanding the pool of global partners of this initiative, as well as inviting the Ukrainian financial and innovation community to partner and build bridges. There is no doubt that our collaboration will bring even more added value to the development of Ukraine’s financial innovation market.”
While Alexandr Karpov, director of the EMA Association, added: “Digital transformation and innovation development are always associated with the sharing of knowledge and best practices in the global market as well as finding the most appropriate way to adapt them to the needs of the local market.
“The EMA Association has always advocated the development of an open ecosystem in the Ukrainian financial market. Our partners are based in different countries and jurisdictions, and for us, the exchange of knowledge and building promising collaborations have always been a priority.
“In recent years, we have started a number of international initiatives that thrive when a global community comes together. Our involvement in the global fintech initiative, Fintech Without Frontiers, is very timely and will become an effective support for the financial industry on the path of revolutionary development and maturity.”