KYIV, Aug 8 – Ukrainian fintech industry remains insufficiently developed due to weakness of the financial sector and the absence of investment in the country, according to the KPMG Pulse of Fintech report for H1 2018 posted on the website of KPMG in Ukraine.

"Unlike the global trends, the Ukrainian fintech industry remains underdeveloped due to the weakness of the financial sector, on the one hand, and the lack of investment in the country, on the other, but even under these conditions, the fintech market in Ukraine is developing very dynamically," the company said.