The founders of Monobank, Ukraine’s mobile bank, are investing $1 million to bring a British version, Koto, to the UK market by September

The founders of Monobank, Ukraine’s mobile bank, are investing $1 million to bring a British version, Koto, to the UK market by September, Dmytro Dubilet, one of the founders, tells Novoe Vremya magazine. “We are trying to launch a project in England now,” says Dubilet who founded Monobank in 2017 with Oleg Gorohovsky and Mykhailo Rogalskiy, all former managers at PrivatBank. “The alpha version is ready. We are engaged in internal testing. I am already paying for purchases with a Koto card.” Less than two years after founding, Monobank has 826,000 clients in Ukraine.