RB.RU is looking for projects in the field of financial technologies for a new FinTech card, which will be launched with the support of VTB Bank. Applications are accepted until September 30.

RB.RU collects applications for a new map of FinTech startups

If your company operates in the Russian financial technology market, please fill out a simple form at the link.

To appear on the map, the project must meet the following criteria:

  • The preparation of the product is not inferior to the MVP stage.

  • Availability of technology in the field of FinTech.
  • The company’s activities must be carried out on the Russian market.

  • The team must also have at least one founder from Russia.

  • Regular website and social media updates.


FinTech card partner VTB Bank is a universal Russian bank and one of the leaders in the financial services market. The VTB Accelerator is a one-stop-shop for finding and testing innovative technologies from the open market at VTB Bank.

There are currently 2.6 thousand startups in the VTB Accelerator database. During the three years of operation, more than 90 pilot projects have been implemented, more than 40 solutions have been planned or put into commercial operation in the bank, which represents more than 30% and exceeds the market average level.

on the map

RB.RU presented the first version of the interactive map of the Russian fintech market in March 2016, the market players were divided into 17 categories for the first time. The most active areas of the market were online loans, banking solutions and payments.

The project received a major update in 2018: the number of participants increased, and the map itself became interactive for the first time. Neobanks and online accounting services were developing on the market, which was also reflected in the new version of the map.

The fintech sector was growing rapidly and in 2021 RB.RU together with VTB introduced a fintech card, which for the first time on the market was divided according to the needs of the segment’s customers. The developers represented on the map offer services for banks, companies and end users. Project addresses have been radically redesigned in keeping with the current state of the industry. The final version of the map included more than 250 projects across 21 categories and also contained updated information on specialized corporate accelerators.

Today RB.RU again updates the segmentation of the map and updates the company data. This year, for the first time, areas such as Islamic banking, companies operating in the field of digital financial assets, and hybrid products aimed at increasing profits will be featured on the map. BNPL services, which provide the possibility of installment payments when purchasing goods, have become a separate category.

The main goal of the project is to create a clear description of the Russian fintech market. The product is intended to be useful for startups, banks, and corporations from various industries, as well as investors and anyone interested in this area.


According to Smart Ranking research, only last year the volume of the market grew by more than a third. Despite the global drop in investment, the sector experienced a significant increase in revenue, especially in the areas of payment systems and accounting. The following are the main trends of 2023 in terms of integrated payments and technologies for application development.


Author:

Denis Kumakshev

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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