5 Ukrainian fintech startups join Mastercard Start Path Ukraine programme – Ministry of Digital Transformation
Participants will receive $10,000 grants from Mastercard
The project was developed by Mastercard specifically for Ukrainian fintech companies and is designed to enable them to grow and contribute to the economic recovery of Ukraine, and as part of this project, startups will receive mentoring and networking with experts.
This was reported by the Ministry of Digital Transformation of Ukraine.
The main criteria for selecting participants are relevance to the Ukrainian market, innovation, potential for scaling, and positive impact on the economy.
Startups that have been selected for the programme:
- AML Point is a turnkey solution for financial institutions and their anti-money laundering specialists that automates financial monitoring processes (data storage, analysis and reporting) in line with all current legal requirements;
- Electronic KYC is a SaaS software that helps banks and fintech companies to rapidly expand their customer bases by minimising customer efforts to open an account and fully automating the customer acquisition process;
- Neofin – a comprehensive solution for launching consumer lending, covering all stages of the loan product life cycle, including onboarding, identification and verification, a system for making credit decisions, further accounting and servicing of loans;
- RemOnline – a universal platform for small and medium-sized businesses that helps automate business processes, including order processing, sales, customer base management, warehouse accounting, finance, payroll and analytics;
- Zhabka – an innovative payment solution for entrepreneurs that allows them to issue and pay invoices on various social networks and messengers without leaving the chat with the client.
More than 350 startups from over 40 countries have received support from Start Path. Some of them have already entered public markets and become 'unicorns'.
Previously. Mind reported that the NEAR Foundation founded by a Ukrainian had invested in Polish Cosmose AI.
If you have read this article to the end, we hope that means it was useful for you.
We work to ensure that our journalistic and analytical work is of high quality, and we strive to perform it as competently as possible. This also requires financial independence. Support us for only UAH 196 per month.
Become a Mind subscriber for just USD 5 per month and support the development of independent business journalism!
You can unsubscribe at any time in your LIQPAY account or by sending us an email: [email protected]
