The largest Fintech company "United Payment" to enter Georgian market

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United Payment, the leading fintech company in Turkey, continues to expand in the regionby entering the Georgian market. Committed to expand the technological power of Turkeyto the international arena, United Payment opened its third office in Georgia, followingRomania and Azerbaijan, aligned with its vision of becoming the leading fintech company in the region.

This upcoming plans were announcedby Mr Ilker Sozdinler, CEO of the company: The statement says that teams vision is of becoming the leading fintech in the region.

“We will become the company offering the widest range of fintech services in Georgia“. İlker Sözdinler, CEO of United Payment, pointed that Georgia holds a key position in the region, and our activities here will give us the opportunity to become a player in different markets and helps us transfer the technological power of Turkey to overseas.

United Payment offer services in five categories:

· pre-paid cards and digital wallets,

· online/offline collection

· domestic and cross border money transfers

· Payment kiosks and smart safes

· Loyalty programs.

There is only a small number of fintech companies providing such a wide range of services both at a local and global scale, and in Georgia there is none. This new step made us the first foreign FaaS (Fintech as a Service) company to enter the Georgian market. Company believes in the power of local executives in the markets it has presence as United Payment. The ambitious plans of the company will be led by a colleague who is an expert in banking and finance technologies with experience in the dynamics of the local market. Nino Chedia, who has a Master’s degree from Oxford University and an MBA in the field of finance and led different high level roles in financial sector of Georgia.

NinoChedia: “The largestfintechcompany toenter Georgialeads to new investments, jobs and innovations entering the market. It is an opportunitiy to make Georgian market also known in international fintech ecosystes.

Our company goal is to bring innovative solutions and become a leader of winner’s board. Gearing up for becoming a key fintech player in the region, United Payment is the first 

foreign FaaS (Fintech as a Service) company in Georgia. The presence of United Payment will increase the popularity of FaaS, allow global business partners of United Payment to provide services in Georgia, and contribute toa cash-free economy in the country.”

Our competitive values mean Great team, strong and trusted mother company and shareholders structure. Who are reputable financial institutions and players including biggest pension fund of Turkey, international bank -including its shareholders, EBRD and IFC and other main players of world financial market.

United Payment Georgia, is preparing to approach National Bank of Georgia, soon for getting license and start planned operations at Georgian market.

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