Monobank plans to launch the sale of shares and install ATMs in Kyiv.
The bank plans to launch the sale of shares in the first quarter of 2022, starting with the S&P 500, said the Co-founder of monobank, Oleg Gorokhovsky. “We have made a product for unskilled investors. And it’s ripe – deposit rates are low, and around a lot of news about how Tesla is growing and, in general, how the securities market is growing. He added that the product is planned for customers with small transactions and is designed for an average transaction of $1,000”, said Gorokhovsky. In addition to this new service, monobank intends to install its cash-in ATMs in the first quarter of 2022. The bank has already brought a pilot batch and is creating software for ATMs.