Sigma Software Group to Organize the First UK-Ukraine Fintech Summit

Having strong long-term ambitions and goals, we’re aiming to connect the governments, key fintech visionaries, startups, and leading technology companies of the two countries. The Summit will explore current challenges and opportunities in the fintech industry, uncovering game-changing technologies behind some of the most effective financial solutions and unleashing new business opportunities for participants.

The Summit will be attended by government officials of the UK and Ukraine, leading fintech companies, and industry leaders. The event is being organized by the Embassy of Ukraine in the United Kingdom of Great Britain and Northern Ireland, and Sigma Software Group. Government officials, fintech companies, and industry leaders from the UK and Ukraine have confirmed their participation.

Why now?

Unparalleled post-Brexit business opportunities, amplified by the UK-Ukraine free trade agreement signed at the end of 2020 have inspired this first UK-UA Fintech Summit — a must-attend event to deep dive into the specifics of the British-Ukrainian cooperation. The event will spotlight breakthrough technologies that act as a catalyst for new business opportunities in the two countries.

“The new agreement does not only secure the continuity of trade between Ukraine and the UK, but also creates new opportunities for investment and drives collaboration on emerging technologies, helping companies innovate and grow.

Ukraine’s IT industry has long been among the country’s fastest growing industries and has truly become a major driving force of economic recovery from the COVID-19 pandemic. The rapid development of fintech in Ukraine can be attributed to its tech-savvy population, coupled with the digital transformation agenda of the Ukrainian Government,” says Ambassador of Ukraine to the UK Vadym Prystaiko.

Why Ukraine?

Ukraine is one of the world’s emerging tech powerhouses. The local IT sector is growing five times faster (25%) than the global average (4-6%). Ukraine has more than 220,000 developers and is considered one of the world’s top outsourcing destinations. Over the past 6 years, domestic startups raised over $2 billion in venture capital investments producing Ukraine’s first three unicorns — Grammarly, GitLab, and airSlate.

According to UAFIC, there are more than 150 fintech companies in Ukraine, almost half of which (47,5%) were founded in the past three years. Half of them (52%) are operating in international markets.

“The Ukrainian fintech industry is maturing and already has a lot to offer to its international partners. This summit is a great way for British companies and thought leaders to get acquainted with our most prominent fintech projects, to reveal new strong business opportunities, and to find long-term partners and clients,” says Valery Krasovsky, CEO and co-founder of Sigma Software.

Key topics:

• Presentation of the UK Fintech Ecosystem
• Presentation of the Ukrainian Fintech Ecosystem
• Fintech trends: How the pandemic has influenced the processes of digitalization in the banking sector
• Business panel: The emergence of new products, cybersecurity and cryptocurrencies
• Showcase of Ukraine’s top 10 innovative fintech startups

The conference will be held in a hybrid online/offline format.

Register now to expose yourself to breakthrough economic opportunities, explore disruptive technologies, and connect to fintech’s brightest minds on July 15th.

Organizers: Embassy of Ukraine in the United Kingdom of Great Britain and Northern Ireland & Sigma Software Group.

Co-organizers: TheCityUK, London Stock & Exchange Group.

Supported by the Ministry of Foreign Affairs of Ukraine, FinTech Scotland, National Bank of Ukraine, TiE London, Emerging Europe, Sigma Software Labs, Ukrainian Startup Fund, UTEW, and IT Ukraine Association.

• #Finance and Banking
• #Financial Solutions