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Monobank (Ukraine)
monobank (Ukrainian: '':uk:Monobank, монобанк'') is a Ukrainian neobank founded in 2017. It provides financial services through a mobile application without physical branches. As of 2025, it serves approximately 10 million customers. monobank is one of the most popular financial applications in Ukraine, maintaining high ratings: 4.9 stars on Google Play and 4.9 stars on the App store, App Store. It is a joint project between the mono IT team and Universal bank, Universal Bank. As of January 1, 2025, according to the National Bank of Ukraine, the number of active monobank cards reached 9.77 million. The bank has held second place among Ukrainian banks by this metric for the second consecutive year, having first reached this position in September 2023. monobank also ranked third among Ukrainian banks by the volume of attracted deposits, with total deposits amounting to nearly 108 billion hryvnias. History of Foundation Work on the ''monobank'' product began in January ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fintech Band
Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Financial technology companies include both startup company, startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services. Evolution The evolution of financial technology spans over a century, marked by significant technological innovations that have revolutionized the financial industry. While the application of technology to finance has deep historical roots, the term "financial technology" emerged in the late 20th century and gained prominence in the 1990s. The earliest documented use of the term dates back to 1967, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Ukraine
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wise (company)
Wise, previously known as TransferWise, is a British financial technology company focused on global money transfers. Headquartered in London, it was founded by Kristo Käärmann and Taavet Hinrikus in January 2011. As of 2023, it offers three main products: Wise Account, Wise Business, and Wise Platform. History Wise was cofounded in London by Taavet Hinrikus, one of the first employees of Skype, and Kristo Käärmann, a Deloitte management consultant. Hinrikus moved from Estonia to London around 2006, when he began experiencing the challenges of international money transfers. He became aware that when sending money between Estonia and the UK, banks would typically deduct at least a 5% fee, and also remarked that most of the charge is hidden in the exchange rate. According to him, banks try hard to make it extremely difficult to understand what the consumer is paying for, and there is no transparency in the market. In its first year of operation, transactions through Wise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revolut
Revolut Group Holdings Ltd, doing business as Revolut, is a British multinational neobank and fintech company that offers banking services for individuals and businesses. It was founded in July 2015 by British-Russian-French businessman Nikolay Storonsky and British-Ukrainian-French software engineer Vlad Yatsenko. As of 2024, the company operated in over 48 countries and caters to 52.5 million retail customers worldwide. The bank offers free and subscription-based digital banking services, primarily through a mobile app. Features include domestic and international bank transfers, debit cards, credit cards, a stock and cryptocurrency exchange, as well as other features such as savings accounts and loans. As of August 2024, Revolut is valued at $45 billion, making it the most valuable private tech company in Europe. As per the company's latest annual report, the revenue in 2024 stood at $4 billion, while the profit before tax grew to $1.4 billion. History Early histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Near-field Communication
Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of or less. NFC offers a low-speed connection through a simple setup that can be used for the bootstrapping of capable wireless connections. Like other proximity card technologies, NFC is based on inductive coupling between two electromagnetic coils present on a NFC-enabled device such as a smartphone. NFC communicating in one or both directions uses a frequency of 13.56 MHz in the globally available unlicensed radio frequency ISM band, compliant with the ISO/IEC 18000-3 air interface standard at data rates ranging from 106 to 848 kbit/s. The NFC Forum has helped define and promote the technology, setting standards for certifying device compliance. Secure communications are available by applying encryption algorithms as is done for credit cards and if they fit the criteria for being considered a personal area network. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TAS Group
Serhiy Leonidovych Tihipko (; born 13 February 1960) is a Ukrainian businessman and politician who was Vice Prime Minister of Ukraine. After founding the TAS Group conglomerate in 1998, Tihipko was Minister of Economics in 2000 and subsequently served as Governor of the National Bank of Ukraine from 2002 to 2004. He ran unsuccessfully for President of Ukraine in the 2010 presidential election and participated in the 2014 presidential election, in which he placed fifth with 5.23 percent of the vote. Tihipko is also former Vice Prime Minister and Minister of Social Policy. Early life Tihipko was born on 13 February 1960 in the village of Drăgănești, Sîngerei, in the Lazovskiy district of the Moldavian SSR in a Ukrainian family who moved there from Podolia in 1902.Tigipko.com/ ''CV'' and ''Sergey Tihipko biography''. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dmytro Dubilet
Dmytro Oleksandrovych Dubilet (; born 27 May 1985) is a Ukrainian banker, businessman, one of the founders of Monobank, the first mobile bank in Ukraine, and politician. On 29 August 2019, he was appointed as the Minister of the Cabinet of Ministers. At the end of 2019, Dubilet left Monobank because he became a member of the government of Oleksiy Honcharuk, with whom he worked until March 2020. According to Dubilet's declaration for 2019, he sold his stake in Monobank for ₴29.9 million. Biography Dmytro Dubilet was born and raised in Dnipro. He graduated from the Institute of International Relations at the Taras Shevchenko National University of Kyiv (2006). He also studied at the London Business School (2011). Since 2009, he has worked in various positions, mostly in the banking industry. From 2012 to 2016, Dubilet served as CIO for PrivatBank The Public JSC PrivatBank () is the largest bank in Ukraine by assets. It was formed on 19 March 1992 and has been owned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
