Memorandum of Cooperation Signed Between Freedom Pay and Central Asian Fintech Association at Plus-Forum Digital Kazakhstan 2024
On October 31, 2024, a significant advancement in fintech, blockchain, and cybersecurity was achieved during the Digital Kazakhstan 2024 Plas-Forum. At this event, a memorandum of cooperation was signed between Freedom Pay and the Central Asian Fintech Association. This agreement paves the way for new opportunities in developing high technology and digital finance in Central Asia.
The memorandum fosters collaboration in financial technologies, blockchain solutions, and cybersecurity, enhancing digital payments and financial services infrastructure.
This partnership aims to enhance interaction with government agencies to gather and share essential information and collaborate with international financial institutions.
The collaboration is designed to stimulate the growth of innovative solutions, improve the quality of services offered, and increase customer and partner trust.
Freedom Pay, a leader in payment solutions for online businesses, and the Central Asian Fintech Association, which brings together key players in the region’s financial technology sector, are committed to leveraging this partnership to introduce new products and services that adhere to the highest security and efficiency standards.
“The signing of this memorandum marks a significant step in strengthening our position in Central Asia. We believe that collaborating with the Central Asian Fintech Association will create new opportunities and serve as a foundation for developing innovative solutions that address the contemporary challenges of the digital economy,” stated Rashidova Nazokat, CEO of Freedom Pay in Uzbekistan.
“Signing the agreement with Freedom Pay highlights our shared objective of building a sustainable and interconnected fintech ecosystem. We are dedicated to actively sharing knowledge and technologies to tackle significant financial challenges in Central Asia,” emphasised Otabek Nasyrov, Chairman of the Central Asian Fintech Association (CAFA).
Freedom Pay is an international company specialising in online business payment solutions. With its global reach, extensive expertise in payments and technology, and streamlined processes supported by the Freedom ecosystem, the company offers unique opportunities tailored to meet the specific needs of each business.
The Central Asian Fintech Association (CAFA) is a regional organisation that promotes collaboration and innovation in financial technology across Central Asia. Founded to tackle the region’s unique financial challenges and opportunities, CAFA is committed to the digital transformation of financial services. It supports fintech startups, facilitates cross-border partnerships, and promotes regulatory harmonisation among Central Asian countries.
The Central Asian Fintech Association (CAFA) is a regional organisation dedicated to fostering collaboration and innovation in financial technology throughout Central Asia. Founded to tackle the region’s unique financial challenges and opportunities, CAFA aims to digitally transform financial services by supporting fintech startups, facilitating cross-border partnerships, and promoting regulatory harmonisation among Central Asian countries. CAFA seeks to build a supportive ecosystem for the fintech industry and enhance the overall financial landscape in the region. It is a sustainable and interconnected fintech ecosystem contributing to sustainable economic growth and modernisation in Central Asia.
