UK-Russia FinTech working group: Insights on challenges and opportunities from Covid-19

TheCityUK and Moscow Innovation Cluster, with support from the British Embassy, Moscow, brought together a range of UK and Russian FinTech practitioners to share insights on how Covid-19 has affected the FinTech ecosystem in both countries and to explore how FinTechs can support a green recovery; promote regulatory cooperation; shape more integrated capital markets; support trade finance; and create a new digital economy.

This report explores how FinTechs can help deliver this promising future and summarises the UK-Russia FinTech Working Group’s analysis, prognosis and recommendations. We hope that the group’s findings will help deepen FinTech cooperation between the UK and Russia.  

We hope the report will be of use to all who wish to consider the future of FinTech and the links between FinTech and economic growth.