"Good morning ladies and gentlemen, I'm happy to greet all of you here on behalf organizers and hosts of phoneix tech Italian and welcome you here at the European IT capital the choice of the location where the pia tech is taking place is not accidental because consumer finance is becoming more and more ite oriented and the driver of this transformation is of course financial affiliate marketing. Today in this hole, we have representative from at least fifteen countries so it's really international conference and here we have microfinance companies clean tech companies of course top affiliates advertising agencies and all of them are physically located in some certain country but in their word they really have no borders or they cross borders almost every day now you can be located in Russia in the Russian consumer long company but issue loans in Africa and we will hear more about it today or you can be a publisher located in Georgia but you can really help people get money online in Poland or Finland so we're really crossing borders everyday our business is becoming more more internasional and it's all about helping consumer long companies to become more progressive and helping consumers get money more easily, and today also the physical borders are gone and we're all gathered here in this hall to share our experience and business cases both online consumer loan industry anda financial affiliate industry are facing many challanges today we are getting a lot of pressure from their regulators we're getting a lot of pressure from the global companies from the media and we are we all have to resist those challanges everyday anda our goal is here to to unite and resist them because we all know we're actually doing the right we are making money more accessible to people all over the world. I hope fintech will not just become a platform where we can all share our experience and insight but it will also help our industry to get new maybe standards and i wish you all great two great days here in Tallin and i wish you goodluck and well nice weather thank you."