The VEPAY payment processing company participates in an online conference titled ‘Crowdfunding as an alternative source of financing for businesses during the economic downfall’

29.05.2020 The VEPAY payment processing company participates in an online conference titled ‘Crowdfunding as an alternative source of financing for businesses during the economic downfall’

The participants discussed crowdfunding and crowdlending development trends in the digital economy and the crowdfunding market’s compliance with Federal Law No. 259-FZ ‘On Raising Investments via Investment Platforms and on Amending Certain Regulations of the Russian Federation’.

During the roundtable, the experts discussed the following issues:

  • Can crowdlending be an alternative source of financing for small and mid-sized businesses?
  • Should state regulation of the crowdfunding sector be adapted to new economic challenges?
  • How can the government support the development of crowdfunding in Russia during the crisis? 

Experts participating in the discussion included:

  1. Sergey Leshchenko, Deputy Head of the Project Management Office for Implementing the Digital Economy of the Russian Federation Program at the Analytical Centre for the Government of the Russian Federation. 
  2. Yury Bozhor, Head of the Expert Group of the Financial Availability Office of the Consumer Right Protection and Financial Inclusion Service of the Bank of Russia. 
  3. Kirill Kosminsky, Executive Director, Association of Investment Platform Operators. 
  4. Sergey Chetverikov, CEO, Sbercredo crowdlending platform, Lending Technologies, Ltd. 
  5. Armen Minasyan, CEO, Gorod Deneg crowdlending platform, Gorod Deneg, Ltd. 
  6. Oleg Afanasyev, Product Manager, Ozon.Invest crowdlending platform, Internet Solutions, Ltd. 
  7. Sergey Bezdelov, Chairman of the Board of Directors, National Investment Platform.

The VEPAY payment processing company was represented by Marketing Director Tatiana Malinina.

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