Finance

Monobank, an outgrowth of PrivatBank, “is already worth more than a billion dollars,”

Monday, August 16, 2021

Oleg Gorokhovsky, a co-founder, writes on Telegram. The bank was founded in January 2017 by three former managers of PrivatBank, which had been nationalized one month earlier. The internet-based bank now has 3.5 million accounts, with 1.3 million daily users. A major investor is Sergiy Tigipko, owner of TAS group.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Monday, August 16
Partners news

Andriy Vlasenko, head of the State Food and Grain Corporation, was arrested early Friday morning at Kyiv Zhuliany as he attempted to board a plane out of the country.

Next post
Monday, August 16
Finance

PrivatBank earned $435 million in net profit during the first half of this year, making it Ukraine’s most profitable bank

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe