Fintechs unite in Ukraine fund appeal
Founded by Monneo, the initiative has so far rounded up 17 members including Railsbank, Coinbase, ComplyAdvantage, and payabl.Lili Metodieva, managing director of Monneo comments: “We hope to encourage our colleagues and peers to stand together and raise as much money as we possibly can to directly help the people in Ukraine in desperate need of vital supplies. “We, like so many of our fintech colleagues and peers, have members of our team living and working in Ukraine right now, which makes the matter even more personal.“We’re urging businesses in the fintech sector to come together and make a real difference, whether that be through donations, or by helping to promote this message online.”As organisers, Monneo guarantees that no fees will be charged to donated funds.
Similarly, the company will ensure that no mark-ups are added on the exchanges between crypto and fiat currency donations. Finally, Monneo will also cover any third-party transaction fees, which may be applied to some donations.
. Read more on finextra.com
