A meeting organized by the Georgian Fintech Association brought together representatives of the National Bank of Georgia and the fintech community to discuss the industry’s progress, achievements, and future opportunities.

The event was opened by Giorgi Goguadze, Head of the NBG’s Department for Supervision of Payment Service Providers and Registration of Virtual Asset Service Providers. He shared the regulator’s vision for the development of financial technologies in Georgia and highlighted recent initiatives undertaken by the National Bank of Georgia in the fintech space.

Vasil Shengelia, Head of the Open Finance Ecosystem and Financial Innovation Development Division at the NBG’s Financial and Supervisory Technologies Development Department, presented Georgia’s Fintech Development Strategy.

The strategy aims to establish a unified national framework that enhances collaboration between relevant public and private stakeholders both domestically and internationally to support the development of an inclusive and innovative fintech ecosystem.

One of the strategy’s key goals is to position Georgia as a regional fintech hub for countries along the Middle Corridor. To achieve this, the National Bank of Georgia is actively engaging with regional counterparts.

Participants representing member and partner organizations of the Fintech Association discussed the current state of the fintech market in Georgia and globally, recent sectoral advancements, and key regulatory developments. The discussions also emphasized the strategic importance of international cooperation, innovation, and inclusive financial development.

The event was attended by representatives of approximately 30 fintech companies, along with partner organizations and key stakeholders from across the sector.