19.07.22 Tech Investments N1 fund to invest $500k in Ukraine’s TRANSENIX by the end of the year N1 Investment fund has announced its decision to invest up to $500,000 in the tap-to-phone solution TRANSENIX by the end of 2022. According to N1, part of the amount has already been invested in the project earlier this year. The TRANSENIX
07.06.22 Countries War in Ukraine While fintech companies shun Russia, cheaters and pro-Russian banks rush to take their place, Visa and MasterCard do nothing Since the beginning of the full-scale war in Ukraine, the Russian fintech industry and banks have been heavily sanctioned, so now, Russian and foreign payment services keep inventing ways for Russians to avoid those restrictions. This leads to further enabling Russia’s
25.05.22 News Paysend promised to suspend transfers in Russia, but Russian media claim it is still operating there In March 2022, Paysend, an international payment system founded by Russians and headquartered in the United Kingdom, announced its withdrawal from the Russian market. But it seems that the system is still available. According to the Russian business news outlet Kommersant, Paysend
23.12.21 Tech Investments Lithuanian lending marketplace for farmers HeavyFinance raises $1M The Vilnius-based startup that creates a fintech marketplace connecting farmers to investors called HeavyFinance has raised $1 million. The seed round was led by Poland’s Black Pearls VC with participation from bValue, Startup Wise Guys, as well as business angels, Tech.eu
15.04.19 News How an international payment system can enter into the payment market of Ukraine First, to enter into the payment market of Ukraine an international payment system must be registered with the National Bank of Ukraine. To do this, one of the following entities can apply to the National Bank of Ukraine: payment organization
