Baku 18° C
Association: 25 fintech companies provide services in Azerbaijan
Finance
- 29 September, 2022
- 07:14
Add Report.az to preferred Google sources
Stay up to date with the top news!
Currently, there are more than 25 market participants in the field of fintech in Azerbaijan, Chairman of the FinTech Association of Azerbaijan Ruslan Talibov said during an event on the topic 'Fintech-ecosystem in Azerbaijan - today and tomorrow', Report informs.
"27% of these companies are foreign or their local representative offices. 11% of fintech are new to the market, 44% are developing, and 45% are developed and established," he said.
In addition, Talibov said that according to the global innovation index, Azerbaijan ranks 80th among 132 countries and 70th among 110, according to the digitality index.
Author
Assosiasiya: "Azərbaycanda 25-dən çox fintex var"
Ассоциация: В Азербайджане насчитывается свыше 25 финтехов
Latest News
23:59
WSJ: Trump may lift some tariffs on Canadian goods ahead of elections
Other countries
23:47
Video
Caucasian leopard spotted on camera with three cubs in Zangazur National Park
Ecology
23:38
Photo
Azerbaijan's Ambassador to Belgium presents credentials to King Philippe
Foreign policy
23:23
At UN, Azerbaijan reaffirms commitment to protecting rights of persons with disabilities
Foreign policy
23:16
Generali to сut 800 jobs in Germany
Other countries
22:59
Estonia condemns Russian strike on merchant vessel carrying citizens of Azerbaijan, Ukraine
Other countries
22:59
CBA mulls development of local-currency bond markets within CAREC
Finance
22:44
Nvidia CEO proposes turning Kazakhstan into global physical AI hub
Other countries
22:22
Four injured in Belgium as storm disrupts transport services
Other countries