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UMAEF invests in Fintech-IT Group, creating Ukraine's first FinTech unicorn with a $1Bn valuation in this equity round. The investment leads to growth and continued innovation in Ukraine's digital banking sector.

Oct 06, 2025•4 days ago

Amount Raised

$1 Billion

UkraineFintechFinancial ServicesInformation TechnologySoftware

Investors

Mykhaylo RogalskyiOleg GorokhovskyiUkraine Moldova American Enterprise Fund

Description

Ukraine-Moldova American Enterprise Fund (UMAEF) has announced its investment in Fintech-IT Group, elevating the Company's valuation to $1.0bn and achieving unicorn status. UMAEF joins the founders as the first financial investor alongside a consortium of American private investors. Fintech-IT Group is known for its digital banking software and successful neobank monobank. This funding will further empower SMEs in Ukraine to accept digital payments and enhance the financial services sector.

Company Information

Company

Fintech-IT Group

Location

Ukraine

About

Fintech-IT Group is a leading developer of digital banking software in Ukraine. The company is known for developing integrated software solutions for digital banking and is the creator of monobank, the top neobank in Ukraine. With a client base of 9.9 million as of September 2025, it has achieved remarkable success in the fintech sector. Its technology also supports SMEs in accepting digital payments seamlessly.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers