About Us

Fintech Association of Georgia (FIA) was founded in 2019 by a group of technology-driven industry leaders who are shaping the future of finance. Since its establishment, FIA has been a resource for education, information sharing, and networking between companies, policymakers, and the public. FIA promotes technology-centered financial services and advocates for the modernization of financial regulations to support inclusion and responsible innovation. The association’s members are innovative, new market entrants who are driving competition with traditional financial players and creating more seamless services and lower-cost products.

Our Vision

To promote Georgia as the region’s fintech innovation and investment hub.

Our Objectives

Establish a communication platform between fintech companies and promote cooperation between them
Serve as an intermediary among fintech companies, regulatory bodies, and commercial banks to ensure effective cooperation
Advocate favorable regulatory framework conditions for fintech companies operating in Georgia and easy entry for international players.
Promote and represent the Georgian fintech sector in the global market by establishing partnership with international governmental and nongovernmental organizations
Raise fintech awareness and financial literacy through educational activities and conferences

our Services

Licensing

OB
PSP
Vasp

Research

Sectoral
Due Diligence
Business Model

Education

AML / CFT Training
Conferences

Our Mission

To unify the voices of fintech companies, strengthen the role of the fintech sector within Georgia’s financial system, and advocate the interests of fintech companies on the policy level.

licensing services

PSP Licensing

Business model consulting
Project preparation and administration of licensing process
Preparation of license documentation
Development of a business plan
Communication with the regulator
Obtaining a license

VASP Licensing

Project preparation and administration of licensing process
Preparation of license documentation
Development of a business plan
Communication with the regulator
Obtaining a license

OB Licensing

Development of appropriate policies and procedures for information security management system
Schematic description of information/cash flows
Development of operational incident management policies/procedures
Development of change management policy
Development of a business continuity plan for open banking services
Communication with the regulator
Obtaining a license

Fintech Association of Georgia

Fintech companies

Fintech industry