Fintechs Unite To Support Ukraine Fund Appeal – Cryptovibes.com – Daily Cryptocurrency and FX News
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An appeal has now been launched to encourage various businesses in the financial technology (fintech) sector to donate and raise the much-needed funds for the people affected by the crisis in Ukraine.
Fintechs for Ukraine strives to encourage tech companies to raise as much money as possible to help in supporting the victims of the ongoing crisis, with donations that go directly to Save the Children’s Ukraine Appeal.
Launched by Monneo, this initiative has so far rounded up to 17 members like ComplyAdvantage, Railsbank, Payabl, and Coinbase.
The managing director of Monneo, Lili Metodieva, stated:
“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.”
Being the organizer, Monneo guarantees that no fees will be charged to the donated funds. In the same context, the firm will guarantee that no mark-ups are added on the exchanges between cryptocurrency and fiat currency donations. Eventually, Monneo will also cover any of the arising third-party transaction fees that might be applied to some donations.
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