Fintech software firm JustCoded has registered a new office in Germany after staff were forced to flee the company’s Kharkiv headquarters amid Russian bombing.
JustCoded – which operates the LenderKit technology which is used by a number of peer-to-peer lenders – registered its first office in Mannheim, Germany, and may expand into other European Union countries soon.
This is part of its plan to reorganise its operations and presence in Europe while its Ukrainian office is closed.
“Since February 24, our team (mostly based in Kharkiv, Ukraine) have been doing everything possible to keep our operations as close to “business as usual” as possible,” said Konstantin Boyko, chief executive and co-founder of JustCoded.
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“Our customers certainly appreciate that – despite having to move out of Kharkiv, we were able to keep the downtime of our services to the bare minimum. Now the team members are distributed all over Ukraine and Europe, so we are adapting to the new normal.
“While we don’t have one central location currently we see this as an opportunity to establish our physical presence in different EU countries, as well as to understand the EU market better.
“We’ve already registered an office in Germany and there will be more locations to follow very shortly.”