Raiffeisen Bank International has moved its digital banking work from Vienna to Kyiv to work with Edenlab
Tuesday, June 9, 2020


Raiffeisen Bank International has moved its digital banking work from Vienna to Kyiv to work with Edenlab, a boutique fintech software and product development company with about 70 employees. The Austrian bank’s unit at Edenlab will “a 100% RBI subsidiary,” a bank spokesman tells Vienna’s Der Standard news site. Noting that the bank has subsidiaries in 15 Eastern European countries, Der Standard speculates that the bank chose Ukraine because Andriy Stepanenko, RBI’s board member responsible for retail, is from Ukraine.