Monobank Developer Becomes Ukraine’s First Fintech ‘Unicorn’ After US Fund Investment

Tehnologie

Ukraine’s Fintech-IT Group, the software developer behind Monobank, has become the country’s first financial technology (or fintech) “unicorn” after securing investment from the Ukraine-Moldova American Enterprise Fund (UMAEF). The term “unicorn” refers to a privately owned start-up company valued at over $1 billion that is not listed on a stock exchange. JOIN US ON TELEGRAM Follow our coverage of the war on the @Kyivpost_official . The fund, which operates under a US congressional mandate,

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