RB.ru, with the support of VTB, has launched a new interactive map of the Russian fintech market.

The map includes companies creating technological products for personal finance management, as well as fintech solutions for businesses and banks.

It is noted that the sanctions and subsequent restrictions, as well as the withdrawal of foreign companies from Russia, have turned the usual course of things upside down with the players being forced to urgently revise their strategies and look for new solutions to replace the unavailable ones.

As the publication emphasizes, the current difficulties have expectedly complicated the development of Russian fintech, but, at the same time, contributed to its growth: in 2022, it increased by 32.71% compared to 2021 and amounted to 138.88 billion rubles. The fintech market has become somewhat isolated, but at the same time, players note that it has similar development trends to those in the West.

The map includes four large sections – “Personal Finance”, “Solutions for Business”, “Solutions for Banks” and “Organizations Working with Fintech Startups”.

In total, the map includes about 300 companies becoming the most detailed map of financial technology players in Russia over the seven-year history of the project.

The partner of Fintech section is