27.06.2022

VIEWAPP presentation at the Mastercard Sustainable Banking Challenge closed pitching session

On 23 June 2022, a closed pitching session for innovative sustainable banking solutions was held at Zoom online format as part of the Mastercard Sustainable Banking Challenge competition under the auspices of Mastercard and MFCA Tech Hub.

The Mastercard Sustainable Banking Challenge competition gives the winners the opportunity to:

- Win a paid pilot of up to $10,000 with one of the partner banks: Eurasian Bank, ForteBank, Jusan Bank with expert support from Mastercard;

- Scale your project on Kazakhstan market;

- Appear at Astana Finance Days 2022 where over 3 000 participants from more than 70 countries will be present.

The Mastercard Sustainable Banking Challenge gave priority to ESG committed start-ups, of which VIEWAPP is clearly one of them. VIEWAPP technology is a provider of high social responsibility and also plays a role in climate change and conservation issues by reducing the amount of resources businesses spend on face-to-face inspections in the form of HMS, travel and so on. Many inspections in the pre-digital era were costly, both humanly and materially, for example leasing facilities in hard-to-reach or remote regions and even other countries.

At the same time, VIEWAPP's paperless technology contributes to the protection of forests - one of the world's most pressing problems. Another ESG effect of VIEWAPP is the social distancing required in times of pandemic, which prevents the spread of infections.

VIEWAPP as a whole streamlines all examination processes, thereby making the daily routine work of staff easier and less burdensome, which ultimately has a positive effect on the health of any business.

The speaker of VIEWAPP, Alexander Fokin, was approached after the presentation by Mastercard representative Rafal Trepka, Mastercard's General Manager for Central Asia, who was interested to know what resources would be needed from the bank to implement VIEWAPP. Alexander advised that the same resources would be needed as the bank is already doing inspections on its current functionality, it would just be a switch from offline technology to digital inspections.