Founder of Blackshield Capital | Assets protection | Individual investment strategies for MFOs and private clients | Investor at 11:FS | Digital financial services
The Ukrainian fintech sector demonstrates stable growth. In 2022, seven new companies joined it, surpassing the figures of the previous year when this market enriched itself with only five newcomers. It is forecasted that this positive trend will continue, with Ukrainian fintech companies actively entering international markets. Among the examples of successful innovations, Monobank stands out, boasting over 7 million clients, along with Sportbank and the payment system iPay.ua. These companies not only provide high-quality financial services but also exhibit impressive growth rates. It is known that the COVID-19 pandemic significantly increased the demand for fintech applications that provide fast and convenient services. Today, people require instant access to financial resources, and the fintech industry responds to this challenge by constantly evolving and improving its services. It is worth noting that financial services are now a key element of modern life, and it is important that they are accessible to everyone, regardless of circumstances. One of the significant advantages of fintech applications is their ability to operate under restrictions, such as during air alarms when physical bank branches are closed. Moreover, technological infrastructure is an integral component of the success of Ukrainian fintech startups. The country's rapid digitization and growing demand for innovative financial solutions create a favorable environment for the development of this sector.
