Financial Crime World

KPMG Launches Platform to Boost Innovation in Central Asian Organizations

Supporting Growth and Competitiveness in Central Asia

In an effort to support innovation and growth in organizations across Central Asia, KPMG has launched a platform that provides a range of innovative solutions and services. The KPMG Digital Village is an ecosystem that connects corporations with the region’s best innovation solutions.

Key Features of the KPMG Digital Village

  • Diagnostic study that assesses innovation maturity in eight key areas, providing organizations with a roadmap for digital transformation
  • Database of over 6,000 proven solutions from technology startups, as well as expertise in FinTech, InsurTech, RegTech, and other emerging technologies
  • Training and workshops on innovative solutions, as well as exchange opportunities for knowledge sharing and collaboration
  • Range of services to support innovation, including access to corporate clients, funding opportunities, mentoring, operational support, co-innovation partnerships, and more

Challenges Facing FinTech Development in Central Asia

While Kazakhstan is a leader in FinTech development in the region, other countries such as Uzbekistan, Tajikistan, and Kyrgyzstan face significant challenges, including:

  • Unfavorable government policies
  • Lack of foreign investments
  • Financial consumer protection risks
  • Cybersecurity risks
  • Currency risks
  • Data protection risks

Optimism for Growth and Development in Central Asia’s FinTech Sector

Despite these challenges, KPMG is optimistic about the potential for growth and development in Central Asia’s FinTech sector. “We believe that innovation is key to driving growth and competitiveness in the region,” said Bolat Mynbayev, Head of Strategy & Operations at KPMG Kazakhstan. “Our Digital Village platform is designed to support businesses and entrepreneurs as they navigate the challenges and opportunities of the digital age.”

Contact Information

For more information about the KPMG Digital Village or to learn more about innovation solutions for your organization, contact:

  • Bolat Mynbayev, Head of Strategy & Operations at KPMG Kazakhstan
  • Konstantin Aushev, Head of IT and Digital Advisory at KPMG Kazakhstan
  • Anastassiya Sembina, Consultant, Strategy & Operations at KPMG Kazakhstan