The Ukrainian company CHM software, developer of the POS-solution PayKit, was among the companies selected as a result of the competitive selection process for the UASEED (Seeds of Bravery) grant programme in the field of ‘Innovative Entrepreneurship’ and have been awarded a ‘Seal of Excellence’, a recognition of our exceptional work and high potential.
The UASEED program, funded by the European Union, is designed to support the integration of Ukrainian tech startups and small enterprises into the European innovation ecosystem.
The total program budget is €12 million, with a maximum support amount of up to €60,000 per project.
The selection of participants was competitive, and PayKit became one of the few Ukrainian projects to receive approval from the European expert commission.
“We are grateful for the high appreciation of our work and for the opportunity to become a part of the European innovation community. For us, participation in the UASEED program is an important step towards expanding international cooperation and scaling PayKit to the EU markets,” comments Dmytro Ahapov, CEO of the CHM software team.
PayKit is a new-generation POS-solution for retail automation. The system combines the simplicity of a mobile application with the flexibility of professional accounting, providing businesses with efficiency and real-time control.
The product is currently operating successfully in the Lithuanian market, where a localized version that meets state regulations was implemented in cooperation with the company ČEKIS. Today, it has over 1,500 installations across the country and partnerships with leading banks Luminor and Swedbank.