The Ukrainian Fintech Catalog 2019 is a product of the Ukrainian Association of Fintech and Innovation Companies. Along with the support of the National Bank of Ukraine and Visa, it has conducted an online questionnaire revealing the leading Ukrainian fintech companies and banks.
As per the large-scale research and survey, the results will help get an idea about the developing fintech ecosystem in Ukraine. It will be a great guide for investors, representatives, companies, government agencies and traditional financial institutions. Detailing on the Ukrainian fintech ecosystem, here we have listed some of them from Dealroom.
YayPay
Founders: Anthony Venus, Eugene Vyborov
Funding: €13.3 million
Founded year: 2015
Why its hot: YayPay uses Artificial Intelligence to accelerate cash flow and automate accounts receivables. The company’s AR workflow and CRM products enable better customer communications as well as faster cash collection with a reduced Days Sales Outstanding. This startup is aimed at improving results drastically with data-driven and best practice processes. The vision of YayPay is to transform accounts receivable management with AI.
MyCredit
Founders: Roman Katerinchik
Funding: €2.7 million
Founded year: 2016
Why its hot: MyCredit is a service created so that you receive money when you need it most. This company makes obtaining a loan simple for everyone and adheres to the basic principle that help should come instantly when it is needed. Right now, MyCredit has over 3000 customers per day using its service and more than 140,000 unique customers.
Turnkey Lender
Founders: Dmitry Voronenko, Elena Ionenko
Funding: €1.9 million
Founded year: 2014
Why its hot: TurnKey Lender develops the most intelligent automation tools that empower innovative companies to increase financial inclusion and make credit available to ordinary people and small businesses via high-end technologies such as blockchain, online lending, big data, social network scoring, and mobile data analytics.
moneyveo
Founder: Michael Lyzanets
Funding: €820k
Founded year: 2013
Why its hot: moneyveo is service to solve financial issues of users. It provides one task at once to quality quick financial assistance sans personal visit to offices and large expectations. With moneyveo, you can fill in loan application quickly. All you need is just access to the internet and customer data and you will get funds that you need to your account.
Creditor.AI
Founder: Victor Ignatyiuk
Funding: €220k
Founded year: 2017
Why its hot: Creditor.AI is a rejected loan purchase or sale platform that helps various types of lending institutions optimise their marketing expenses by selling their rejected loan applications or by buying affordable rejected applications from other credit market players.
JetBeep
Founders: Oleh Hordiichuk, Valery Chekalkin
Funding: €20k
Founded year: 2017
Why its hot: JetBeep is a mobile wallet platform meant for payment systems, banks, and retailers. It is a product company, which is working with financial institutions willing to roll out mobile wallets. JetBeep offers solutions for wireless ticketing in transportation, P2P wireless payments, and loyalty, IoT payments, and validations, etc. It also offers payments and loyalty for gas filling stations.
Pri-Num
Founder: Grigory Roginsky
Founded year: 2013
Why its hot: Pri-Num provides mWallet platform with social network functionality. It provides comprehensive and versatile solutions to enable issuers of credentials – payment cards, ID cards, loyalty cards, transport passes, and others – to offer customers secure contactless mobile services such as payments, loyalty schemes, transport, tickets, authorization and access control, and many more.
MAXI CARD
Founder: Igor Shumytskyy
Founded year: 2009
Why its hot: MAXI CARD is a loyalty program for daily shopping, which brings together the best partners where you can collect and spend bonuses, receive discounts, special offers and gifts. With the companion app, you can easily register in the program so that you can accumulate and spend bonuses.
Stock photo from Jirsak/Shutterstock
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