The investment came from the US-registered Ukraine-Moldova American Enterprise Fund (UMAEF).
,The fintech’s flagship product is its ‘mono ecoystem’, which serves as the IT backbone for Universal Bank which has become the second-largest in Ukraine less than eight years after launching.
,“We are grateful to UMAEF for their trust and support,” said Oleg Gorokhovskyi and Mykhailo Rogalskyi, co-founders of Fintech-IT Group.
,“We believe this partnership opens new horizons for product and technology development that will bring even greater benefits to our customers. Most importantly, even during a full-scale war, a leading U.S. investor is ready to invest in Ukraine’s economy — and that is a powerful signal”.