Business
Small Estonian fintech to take on big Ukrainian banking sector
Ukraine's wartime banking sector will get a new player after an obscure fintech's bid to enter the country's market was finalized on Jan. 15. Iute Group, headquartered in Estonia, signed the final stage of acquiring a Ukrainian banking license during an upbeat press conference held in Kyiv on Jan. 15. It's reportedly the first foreign bank to enter Ukraine since 2021. "Since 2008, it's pretty much been only one direction — foreign banks leaving the country," Mykhaylo Demkiv, financial analyst
