Ukrainian company Fintech Farm, which specialises in the creation and development of neobanks, has signed a strategic partnership with Visa. This was announced by the company's co-founder Dmytro Dubilet on his Telegram page.
According to him, this is a global partnership, covering more than 90 countries in "our hemisphere". But later they want to extend it to the rest of the world.
"Recently, Visa has been involved in much more than just the card business. It is developing or investing in various financial solutions for banks and end users. And what Fintech Farm is developing is a perfect complement to this ecosystem. As far as I know, this is the first case of such cooperation between Visa and a Ukrainian company," Dubilet wrote.
According to the Fintech Farm website, the companies will work together to develop innovative digital banking solutions in the CEE, GCC, and NALP regions.
In May this year, Fintech Farm, founded by Dmytro Dubilet, Oleksandr Vityaz, and Mykola Bezkrovnyi, raised $32 million in funding to enter the Indian market. This investment is a combination of a Series B round and an additional Series B round led by Bank of Georgia.
The editorial office of AIN had an opportunity to talk with Dmytro Dubilet about the company's development and recent investment. You can read the interview, here.
