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FinTech 2021: Find Out What Domain Development Projects Are Implemented In Moldova

Technological development has led Moldovan Fintech startups to place technological innovation at the heart of their business. In order to promote the new industry and drive digital solutions directly in financial companies in our country, Startup Moldova with the support of general partners Moldova Agroindbank and Mastercard, but also USAID and Sweden partners launched within the TEKWILL project – “FinTech Vertical 2021”. We are talking about an extensive program that connects different players in the industry and creates collaborations for the rise of innovations in the field of FinTech in Moldova.

Adam Amberg, Head of the Development Cooperation Section, Swedish Embassy: “Moldova's IT industry has grown rapidly in recent years and has become one of the most dynamic and competitive sectors of the Moldovan economy. As part of supporting digital transformation and the Moldovan IT sector, Sweden supports the FinTech industry. We are convinced that Moldovan financial and IT startups and companies are crucial parts in bringing benefits to the entire society. We believe that the sector will become stronger and that many well-paid jobs will be created, thus providing a more attractive future for young people in Moldova.”

Brian Wittnebel, Deputy Director, USAID Moldova: “One of the areas with great potential for development in the Republic of Moldova is financial technology. This is because IT accelerate processes and change paradigms, and startups and IT specialists can become more involved and contribute to the process of digitizing services in the financial-banking sphere. The FinTech Vertical 2021 aims to help this sector collaborate and find connections, on the one hand, in detecting the problems faced by banking companies in the country and, on the other hand, in providing relevant IT solutions to change the way which these services are provided by companies.”


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