An inside look at a Ukrainian fintech startup adapting to life during wartime – RegularFeed

Russia’s army aggression towards Ukraine has been occurring for nearly two months, and through this time, all sectors of the financial system, together with IT, have needed to stand by the army.

Ukrainian IT didn’t break down — it shrank a bit, however it’s standing firmly, offering employment to folks, paying taxes, organizing humanitarian assist and aiding the Ukrainian military.

Listed here are a number of key components which have helped Ukrainian IT, and us as an organization, survive:

Corporations ready for warfare earlier than it began

The media was discussing the opportunity of warfare lengthy earlier than it really began. Regardless that everybody hoped for the higher, Ukrainians acknowledged that they’d a neighbor who may assault at any second. With this in thoughts, many IT firms began to plan for emergencies and arrange contingency groups. Preparation considerably helped us preserve cohesion when the warfare began on February 24.

Our firm created an emergency workforce, whose principal duties had been to make sure the lodging and transportation of our workers from harmful zones.

The COVID-19 pandemic pressured firms to shift to digital

The flexibility to work remotely significantly helped IT specialists in wartime. Folks labored in bomb shelters, in basements, and in automobiles and trains throughout evacuations. We had been used to working on-line, so when the warfare started, it was not an enormous drawback for our workers.

Because of the supply of quite a few digital instruments and applications, our workflow was not closely disrupted.

screenshot of Ukranian employees working on a video call

Picture Credit: 42Flows.Tech

Evacuation of workers to safer cities

It’s troublesome to depart your nation and rapidly combine into life elsewhere, so staying in protected elements of Ukraine was essential for many individuals. A number of million Ukrainians relocated from the east to the western elements of the nation, concentrating in cities like Lviv, Ivano-Frankivsk, Chernivtsi, Lutsk, Rivne and Uzhhorod.

IT firms did their finest to assist their workers relocate. Some coated the price of shifting, whereas others rented lodging. The most important companies even opened 24-hour hotlines to assist with evacuation procedures and psychological help.

Within the first weeks of warfare, we helped workers from the east to relocate, rented a hostel in Lviv and invited folks to dwell there with their households. We additionally remodeled a part of the workplace into momentary lodging and helped workers discover and hire flats, which wasn’t simple as a result of big improve in demand for housing in Western Ukraine as soon as the warfare started.

Evacuation of workers to different international locations

Some folks determined to quickly go away the nation till the state of affairs improved and go to international locations the place they might really feel protected. Solely ladies, youngsters and retired folks may do that and all males aged 18 to 60 stayed again in Ukraine. The warfare remains to be raging, however many individuals who had left Ukraine are coming again now.

Some IT firms relocated their workplaces to the neighboring international locations, primarily Poland, Romania and Hungary. Others helped their workers’ households with relocation, bureaucratic procedures and lodging.

Solely a few of our workers left Ukraine. Our emergency plan included lodging for workers and their households in Slovakia, however in the long run, all people determined to remain again, and we didn’t have use it.

Assist and belief of international companions and shoppers

Regardless of the dangers and the vulnerability, many international prospects continued their tasks in our nation. This belief and assist is extraordinarily necessary for Ukraine’s IT sector, because it helps companies survive.

Nonetheless, the extent of productiveness at firms didn’t decline. Folks really feel extraordinarily motivated to work and exhibit good efficiency to international shoppers. Many workers who lived within the safer elements of the nation went over and above, overlaying for and supporting their colleagues who had been relocating from the warfare zones.

Total, the Ukrainian IT sector managed to make sure safe and uninterrupted challenge supply.

Screenshot of international partner supporting Ukrainian business

Picture Credit: 42Flows.Tech

Remodeling of workplaces

Many IT firms within the safer elements of the nation have remodeled a part of their workplaces to accommodate workers and their households from different areas. Many workplaces had been quickly changed into humanitarian facilities, which offered folks assist and help within the preliminary weeks of warfare.

Our personal workplace immediately serves three features. It serves as momentary lodging for workers from war-afflicted areas, as workplace area for firms that relocated from war-torn areas and, lastly, as workplace area for our personal workers.

Safety of the Ukrainian military

Because of the immense efforts of the Ukrainian military, many cities at the moment are protected and permit folks to dwell and work comparatively calmly. Many IT specialists signed as much as shield their land. Individuals who had been coding, managing and dealing on complicated know-how earlier than the warfare put down their laptops and picked up weapons.

Different IT specialists remained to keep up the IT entrance, which is not any much less necessary. IT firms are actively concerned in volunteering on the company degree to prepare funds and initiatives to assist the military financially.

Our CRO and co-founder, Igor Luzhanskiy, joined the Territorial Defenсe Forces firstly of the warfare. His battalion is defending our land and guaranteeing public security.  We attempt to always assist him and his battalion with technical and materials means.

42Flows.Tech COO Maxym Popov and CRO Igor Luzhanskiy, who joined the Territorial Defence Force

42Flows.Tech COO Maxym Popov with CRO Igor Luzhanskiy, who joined the Territorial Defence Drive. Picture Credit: 42Flows.Tech

Volunteer tasks

The motivation to assist one’s personal nation can do miracles. IT firms have been engaged on volunteering tasks from the primary days of the warfare.

Screenshot of the TacticMedAid, which provides information on tactical medicine

Screenshot of the TacticMedAid app, which supplies info on tactical medication. Picture Credit: 42Flows.Tech

Some develop apps for the army whereas others develop options for civilians. At this time, there are lots of of various initiatives, and their existence exhibits the unity of enterprise for a standard function — the victory of Ukraine. IT firms have acknowledged the complexity of working in situations of warfare, which has led to many companies uniting and serving to one another.

In lower than a month after the warfare started of warfare, now we have made 5 absolutely operational social, humanitarian and medical chatbots, in addition to an informational web site that explains the warfare in Ukraine to the worldwide group.

Our co-founder and technique board member, Andriy Sabanskiy, has united professionals and corporations from Ukraine and the U.S. to work with native, nationwide, governmental and worldwide skilled medical organizations to supply info and coaching to the army.

Greater than a thousand army professionals have already handed the coaching. The app, TacticMedAid, was downloaded by greater than 43,000 customers on the iOS/Android shops. Our Telegram chatbot of the identical identify is actively utilized by the army and civil inhabitants to study tactical medication.

What’s subsequent?

It’s believed that demand for IT will stay excessive, and the IT sector itself might turn out to be the brand new driver of the financial system. The state of affairs relies upon completely on how lengthy this warfare will final and the way it will finish. Regardless of the extent of assist for Ukraine, companies are very reluctant to take dangers and performance in unpredictable situations.

How will you assist?

Sadly, as a result of vulnerability of the market, many IT firms misplaced prospects at a time after they want assist greater than ever. You possibly can assist!

You probably have a brand new challenge and are trying to find prospects to implement it, work with Ukrainian firms.You’ll get high quality work at an honest deadline, and also you’ll be serving to the Ukrainian financial system as properly.

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