The Bulgarian Fintech Association and our member companies wholeheartedly reject Russia’s actions and launch a series of interventions to help our Ukrainian fellows.

We call for peace and our thoughts are with all those who have been impacted.

What has been done so far?

We started by reaching out to the Ukrainian Association of Fintech and Innovation Companies (UAFIC) –  an NGO that aims to foster the development of the domestic financial technology market, create a strong fintech ecosystem and enhance financial inclusion in Ukraine. After a virtual talk with the Association, we are now planning different activities in the upcoming weeks, ranging from fintech hackathons to a European roadshow, etc.

In parallel BFA facilitated the communication with the supra-national public sector  – we arranged a talk between the European Commission and Ukrainian Fintech Association representatives. During the virtual chat, various topics of support and collaboration were discussed. Final decisions are to be taken very soon.

As a co-founder of the European Digital Finance Association (EDFA), we worked on communication between UAFIC and EDFA with whom we are discussing how the European private sector could help.