Olena Sosiedka presented the results of the open fintech ecosystem Concord Fintech Solutions at Web Summit 2021

During her master class at the largest IT conference Web Summit, which takes place in Lisbon, the founder of the Concord Fintech Solutions, Olena Sosiedka, spoke about Ukrainian and international projects within the fintech ecosystem that were implemented over the current year.

“Over the period of existence of the Concord Fintech Solutions, we have implemented several projects: we created our own NEOBANK, became partners of neobanks from Tajikistan and Azerbaijan, integrated the British service ELPASO into the ecosystem, which allows Ukrainian citizens to remotely open accounts abroad. In addition, together with the Visa payment system and the Portmone non-bank payment platform, we are launching a mobile POS Phone application in Ukraine based on the Tap to Phone technology”, – Olena Sosiedka said.

She also noted that participation in such a large-scale event as the Web Summit, where the Ukrainian booth was presented for the first time, allows to demonstrate the potential that Ukraine has in the IT field.

“Our technology industry is growing 5 times faster than the global average. Therefore, this year in the national pavilion there are many Ukrainian startups, IT companies, funds that demonstrate a truly global level and fully correspond to the spirit of the current summit. We are delighted to have the opportunity to take part in this event and be part of this large Ukrainian ecosystem”, – Sosiedka emphasized. 

We would like to remind you that Concord Fintech Solutions is the first open fintech ecosystem in Ukraine, within which financial market participants can create and develop their own fintech projects. The unified infrastructure is formed by ConcordBank, the ProCard independent processing center, the ConcordPay payment service, the MustPay IT company, the MassPay billing system, which provide various solutions on the market, as well as a deep expertise of teams, as well as the DobroDiy digital charity exchange.

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