The FinTech Committee
unites leading IT companies to promote financial technologies, drive innovations, and solidify Ukraine’s position as a global FinTech hub
Committee's Priority Goals:
- Expanding collaboration with government authorities and contributing to the development of a modern regulatory framework for the FinTech sector
- Organizing meetings with representatives of the National Bank of Ukraine, relevant ministries, and agencies to address key issues and advance joint initiatives
- Growing international partnerships and integrating into global FinTech networks and initiatives
- Boosting the international visibility of Ukrainian FinTech companies through participation in major global events
- Engaging experts and specialists to foster knowledge exchange and support the growth of FinTech verticals
- Participating in domestic events hosted by partners and activities organized by the Association
FinTech Industry Navigator
The Ukrainian FinTech market is expanding rapidly fueled by innovation, deep technological expertise, competitive pricing, and a strong global outlook. Notably, 27% of FinTech companies plan to attract strategic foreign investors, making the sector particularly appealing for international investment.
Although Ukraine’s current share in the global FinTech market remains below 1%, its growth rate outpaces that of the global average — especially in areas such as digital assets. This signals significant long-term potential for Ukrainian FinTech companies.
For more information, see The Ukrainian FinTech Industry Navigator.
Committee Achievements:
- Submitted the IT Ukraine Association’s official position on National Bank of Ukraine Resolution No. 123 (dated 10.10.2024), advocating for improved operational conditions for FinTech companies providing financial payment services
- In collaboration with legal partner Juscutum, conducted an in-depth analysis of the draft law “On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts Regarding the Implementation of International Automatic Exchange of Information on Income Earned through Digital Platforms”. Based on this analysis, a practical guidance report was developed to help Association members adapt to the new requirements
- Participated in the working group on virtual asset taxation under the Parliamentary Committee on Tax Policy
Head of Fintech Committee
Olga Nedilko, Executive Director of iPay.ua
“Together we are able to raise Ukrainian fintech to a new level – through regular meetings, generation of solutions, unification of market players, cooperation with the state, and active international presence.”
Co-Chair of the Committee for Partnerships and International Cooperation
Maksym Paraska, CEO Bandera Agency
“Ukrainians have tremendous potential in the global FinTech market. The solutions we create — both for international clients and for ourselves — are valued worldwide for the nation’s engineering ingenuity. My mission is to help “package” the services of our members and represent them with dignity on the international stage.”
Committee Meetings
As part of the committee’s activities, moderated strategic sessions are held, where key challenges and solutions in the areas of government regulation and GR, education and human capital development, business scaling, and international market entry are discussed.
Following each session, an agreed action plan is created with clearly outlined decisions, proposals, and subsequent steps for implementing initiatives.
Additionally, upon participant request, further meetings are organised, each with a defined agenda and list of discussion topics, ensuring focused and productive cooperation.
