Fintech startup Turnkey Lender has raised an undisclosed amount from Palo Alto-based Vertex Ventures, reports TechinAsia. Turnkey Lender gives financial services providers a cloud-based solution for managing the loans that they give to their clients and customers. It uses machine learning technology to analyze and assess loan applicants.
Launched in Ukraine by Elena Ionenko and co-founder Dmitry Voronenko back in September 2013, the startup later moved its headquarters to Brussels and secured a client base from across Europe.
In late April, a two-way bitcoin ATM was installed in Odessa, Southern Ukraine. It is the first ATM of its kind in the country, reports local online publication Cryptocurrency.tech.
The device allows both selling and buying hryvnias and bitcoins. Users may withdraw amounts of at least 500 hryvnias or 0.1 bitcoin (around $20 at the current exchange rates).
As part of its global strategy to extend its reach and develop mobile ticketing services, Mastercard has just made available a new contactless payment service in the subway of Kyiv, the Ukrainian capital.
The new technology, dubbed “MetroPass,” transforms bank cards into subway travel cards with pre-paid billing plans for a limited or unlimited number of rides and even discounts.
Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm’s chief executive officer told Reuters, in a project he described as probably the largest of its kind anywhere.
Ukraine’s deal with Bitfury will begin with a pilot project to introduce blockchain into the country’s digital platform. The areas being explored for the pilot project are state registers, public services, social security, public health, and energy, Valery Vavilov said.
Ukrainian e-commerce and e-payments professional invited to leading international event (Berlin, Feb. 14-16)
Payment and e-commerce professionals from all across Europe, including Ukraine, are cordially invited to the international Merchant Payments Ecosystem (MPE2017) conference and expo, which will take place in Berlin, February 14-16, 2017.
MPE 2017, is Europe’s top event about merchant payments, CX, POS and card acquiring, featuring 300+ CXOs and MDs, 150+ speakers, 1000+ of participants from 40+countries, 70+ sponsors & exhibitors.
Last week Corezoid, a cloud process engine that allows companies to create their own digital core, won the second prize and $5,000 at the Money20/20 hackathon in Las Vegas, for their application Share.CreditCard.
Corezoid is a California-based company which is owned by PrivatBank, a major Ukrainian bank, according to the bank’s press service.
U.S. multinational financial services corporation MasterCard has launched its digital wallet service, MasterPass, in Ukraine. Ukraine on July 15 became the 32nd country in which the electronic service has been introduced.
MasterPass is an online service that helps users pay electronically with any bankcard or electronic money from one place.
Ukrainian startup Taplend allows you to “get money transfers from your friends on your PayPal account with no interest or fee at all” or to “borrow it from financial institutions on your bank account or card through the iOS application in just few taps.”
According to the Ukrainian high tech blog AIN.UA, the startup will participate in a six-month acceleration program offered by the Italian accelerator SellaLab in cooperation with London-based fintech accelerator Level39. In addition, the startup will receive €75,000 in funding.
In late September, the Ukrainian capital will play host to Blockchain & Bitcoin Conference Kiev 2016, a leading industry conference. The event will bring together both local and international Bitcoin enthusiasts and blockchain service developers.
A special focus will be given to the implementation of projects to solve real cases. Featured in the agenda will also be discussions about new fintech services, smart cards implementation, financial news and mining prospects.