Moneyveo and IBOX Bank announced the creation of a joint financial product

2021-05-24
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Moneyveo, the leader of non-bank consumer lending in our country, and IBOX Bank, one of the most stable banks in Ukraine, announced a strategic partnership.

The experience and technological capabilities of Monyeveo and deep expertise of IBOX Bank in the implementation of banking services and products based on payment cards and in the field of payment processing will allow companies to introduce an advanced financial product to the market of Ukraine. The companies combined its customers’ experience, analytics, and digital development to create it. The presentation of the product, which will integrate the most relevant innovative developments, is expected already at the beginning of the summer of 2021.

Financial and technical company Monyveo, which was the first that offered non-bank online lending to consumers in Ukraine, is currently the leading marketplace for such products. As Alyona Andronikova notes, the CEO of the Moneyveo Group, the company’s goal is to create a business- ecosystem and offer integrated solutions focused on customers’ needs and time requirements.

Moneyveo is a leader in the Financial and technical market in Ukraine and regularly introduces latest trends thanks to the constant transformation of its own digital ecosystem. We are open to cooperate with leading players to share experiences and build capacity for best practice approaches. The result of our strategic partnership with IBOX Bank will soon be a new offer for our clients”, Alyona said.

IBOX Bank is guiding by similar criterias and strategies. In 2020, it took a course to transform into a full-cycle transaction bank, creating modern acquiring products that will make the process of payment and accounting of cash and non-cash payments simple and convenient.


In addition, Moneyveo and IBOX Bank share common values: technological innovation and ensuring a high level of security for consumers.

We strive for maximum financial inclusion, and therefore we plan to create new joint products that will have maximum benefit for customers. I am sure that cooperation with such a strong player as Moneyveo will contribute the achievement of this goal. The main reason is that the product that we will create together, will combine convenient service, clients’ expertise and banks’ security guarantees”, Zaryana Kivak said, the Deputy of the Chairman of the Board of IBOX Bank.

It should be noted that at the beginning of April it was reported about the strategic partnership of Visa and Moneyveo. The leading companies announced that they plan to jointly implement innovative solutions based on advanced technologies, conduct market research and marketing campaigns.