MonoBank is a neobank based in Ukraine offering Personal accounts, Business accounts including a debit card, with all transactions being managed from an iPhone or Android application. MonoBank currently accepts to open mobile bank accounts for residents of Ukraine.
Monobank makes up the bulk of Universal Bank's profits, thanks to which the bank's profit grew 15 times over the three quarters of 2019, to UAH 510.2 million
The project was created by former Privatbank managers Oleg Gorokhovsky, Dmitry Dubilet and Mikhail Rogalsky, who left the financial structure after its nationalization. After that, they took up the Fintech Band project, which was developing a new application called monobank. Investments in the project amounted to 2 million euros
May 28, 2020