Payments & fintech Category: Payments & fintech

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.

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PrivatBank launches e-payments via iMessage and Telegram

The clients of PrivatBank, an innovation-friendly Ukrainian bank, can now transfer money and pay their mobile phone bills directly via iMessage, if they have an iOS 10-supported iPhone.

To perform a transaction, users just need to press the Privat24’s icon shown in iMessage’s menu, indicate the amount of money to be transferred, and choose the necessary operation.

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PrivatBank’s Corezoid wins 2nd prize in Las Vegas hackathon

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.

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MasterCard launches e-wallet in Ukraine

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.

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Ukrainian money lending startup gets into Italian fintech accelerator, launches in Europe

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.

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Western and Ukrainian professionals to discuss blockchain fintech services in Kyiv (September 23)

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.

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Ukrainian bank lets you “lend money to your baker”

On March 1 PrivatBank, a leading Ukrainian bank, launched an advanced P2P and P2B lending service, allowing individuals and businesses to borrow money from each other directly.

Christened ‘Profitable Investment Service,’ this offer aims, first of all, to “provide small businesses and individuals with an opportunity to borrow money quickly and at low interest rates,” PrivatBank First Vice Chairman Oleg Gorokhovskiy wrote on his Facebook page.

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Ukrainian digital activist accuses PayPal of being “under toxic Russian influence”

Ukrainian digital activists have failed to persuade PayPal to make its service fully available to Ukrainian users, the local tech blog AIN.UA reported last week.

Following a meeting earlier this month with PayPal executives in Warsaw, one of these activists, Ilia Kenigshtein, has expressed his bitter disappointment over the US company’s lack of interest in the Ukrainian market.

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Ukraine moves towards PayPal: Residents can now receive e-payments from abroad

Starting Feb. 13, Ukrainians can receive electronic payments from non-residents of Ukraine in foreign currency, according to a statement by the National Bank of Ukraine on Feb. 12. This ruling opens the way for citizens of other countries to transfer electronic money to accounts in Ukrainian banks.

“Individual is entitled to receive electronic money, issued by the nonresident emitter, from nonresidents, provided that the international Internet payment systems provide a repayment of electronic money by transferring funds to individual’s account in the resident banks,” reads the decree by the NBU.

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16-year-old Ukrainian entrepreneur launches fintech startup in Australia

Stas Prisiazhnuk, a 16-year-old entrepreneur from Donetsk, a war-torn city in Eastern Ukraine, is expecting to receive $40,000 in seed-stage funding from Muru-D, a Australian startup accelerator program, to develop his fintech project Persollo. Muru-D will receive a 4% stake in the company.

The young entrepreneur told Ukrainian tech blog AIN.UA that the project had been valued at $1 million.

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