UAFIC's new partnership with an emphasis on venture investments

The Ukrainian Association of Fintech and Innovative Companies (UAFIC) signed a Memorandum of Cooperation with the Toloka angel syndicate.
The main goal of the partnership is the development of venture capital investment in Ukraine, the creation of new opportunities for startups and the support of the Ukrainian fintech ecosystem.

Cooperation between UAFIC and the Toloka syndicate involves several directions of interaction between partners: exchange of experience and information, organising and holding the events and activities, joint implementation of projects, involvement of other companies and potential investors in financing joint projects, as well as informing the public about the results of this cooperation.

Rostyslav Dyuk, Chairman of the Board of UAFIC: "Fintech is one of the few sectors of the national economy that demonstrates growth in such a difficult time for Ukraine. Our association, as the industry' umbrella organisation, continues to work on establishing new partnerships that will contribute to the further development of Ukrainian fintech. In my opinion, cooperation with the Toloka syndicate fully meets this goal. I have high hopes that this partnership will be fruitful and we will have many interesting joint projects ahead of us."

Taras Kyrychenko, co-founder of the Toloka syndicate: "Our syndicate was created to support startups that already have a ready-made product with a certain number of users or consumers. Toloka will give priority to investments in Ukrainian companies, or companies whose founders are Ukrainians. That is why we decided to join our efforts with the Ukrainian Association of Fintech and Innovative Companies, which has been taking care of the development of the fintech ecosystem in Ukraine for more than five years. I believe that together we will be able to give a new impetus to the development of Ukrainian startups."

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