PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608733

Primary Business Area

Other

Disclosure Date

May 21, 2026

Country

Ukraine

Region

Europe

IFC Approval Date

May 6, 2026

Status

Active

Estimated Total Budget

$2,830,010.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 15, 2026

Project Estimated Start Date

Mar 31, 2026

Project Estimated End Date

Mar 31, 2030

Project Description

The project has adopted a holistic approach to addressing gaps, considering three main types of stakeholders: state authorities ; DFS/fintech companies & financial institutions; VC/PE companies; and across three components as detailed below. Component 1: Enabling environment for DFS and EmFi The component focuses on aligning with EU standards to facilitate the integration and harmonization of Ukraine's legal and regulatory frameworks. The focus is to introduce long-term improvements to the regulatory and financial ecosystems. Component 2: Development of Financial Infrastructure Component 2 aims to modernize financial infrastructure and attract private capital to the evolving fintech ecosystem through a series of parallel initiatives in the area of open banking and PE/VC development. Component 3: Advancing the Fintech Ecosystem This component aims to foster collaboration, innovation, and regional integration in the fintech ecosystem while addressing evolving financial needs of Ukraine`s Financial service providers. It focuses on equipping market players with the tools and knowledge required to enhance DFS and EmFi adoption and strengthen their potential for access to capital. Activities are designed to support financial literacy, incorporate open banking into activities, and uptake regulatory innovations.

Development Results

E&S Risks / Impacts and Mitigation