For Press

17/11/2017

Three Kazakhstani start-ups participated in the Fintech Festival-2017 in Singapore with the support of the AIFC

Three Kazakhstani start-ups participated in the annual financial technology festival Fintech Festival-2017 in Singapore with the support of the Astana International Financial Centre (AIFC).

Kazakhstani developers demonstrated their projects to the leaders of the world financial industry, took part in various workshops and training programmes, and also got an opportunity to attract the interest of global investors to their projects.

«Participation in Fintech Festival-2017 in Singapore offers great opportunities for the fintech start-ups. Not only Asian investors and financiers take part in the event, but also representatives from the United States and Europe. During the event, we got an opportunity to meet new people from around the world, as well as to gain experience from representatives of the largest companies in the IT-sector», - said fintech-entrepreneur and founder of Lendex company Alexey Sidorov.

«I am grateful to the AIFC for supporting the participation of Kazakhstani fintech companies in this festival. Following the results of the meetings held in Singapore, the prospects for work in Asia are opening for our project, including the creation of partnerships, an attraction of venture financing and acceleration», - said Doszhan Zhussupov, founder of the start-up project StockMetrix.

The start-ups honoured to represent Kazakhstan in Singapore were selected within the framework of the AIFC Fintech Innovation Day, which took place in Astana with the participation of the world-famous venture capital investor Tim Draper. In total, around 100 start-ups of different directions were presented on the Fintech Innovation Day. Top-5 of them were invited to take part in Fintech Festival-2017. The tickets for participation were provided by the Central Bank of Singapore.

Reference:

AIFC. The AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 the Head of State signed the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre of financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in the financial services, develop local capital markets, ensuring their integration with the international capital markets.

www.aifc.kz

FinTech Festival in Singapore – is one of the most popular events in the financial industry. It is the networking platform for representatives of the global fintech community. Fintech Festival is a series of events including discussions and presentations of the best experts on the most popular fintech topics, an exhibition of the best start-up projects, workshops, seminars, and a hackathon for start-ups.