Fintech - The Kyiv Independent

A screenshot from an undated Mercury Bank ad video in the subway.

Banking

As Ukraine banks on its young tech startups, Western banks are cutting them off

by Kollen Post August 5, 2024

It was the night before Alyona Mysko’s birthday when she got the word from her financial manager. The founder of software company Fuel that provides financial planning for startups, Mysko was, she says, still working at home in Kyiv well into the night of July 22 when she learned

News Feed

5:52 PM

US deliberately orchestrated Zelensky-Trump Oval Office clash, Friedrich Merz says.

"It was not a spontaneous reaction to interventions by Zelensky, but obviously a manufactured escalation in this meeting in the Oval Office," Friedrich Merz, Germany's likely next chancellor, said.

5:16 PM

EU weighs satellite alternatives for Ukraine amid Starlink concerns, Politico reports.

Ukraine had shown interest in alternative satellite options, including Govsatcom, a shared network of EU national government satellites, and IRIS, a new constellation expected to be operational in the 2030s, according to European Commission spokesperson Thomas Regnier.

4:45 PM

Russia’s FSB 'neutralizes' alleged terrorist planning attack in Moscow.

Firearms and chemical substances for assembling explosive devices were reportedly found and seized during a subsequent investigation at the suspect's apartment.

4:20 PM

Russia trying to break through border in Sumy Oblast, cut off Ukraine's Kursk logistics routes, Border Guard says.

Russia is attempting to enter Ukrainian territory with assault groups in the direction of the village of Novenke.

3:44 PM

Russia plans to launch 500 kamikaze drones per day at Ukraine, HUR says.

Russia currently uses 150 to 200 drones per attack against Ukraine, but Russian forces plan to increase their capabilities to 500, Vadym Skibitskyi said.

3:31 PM

Opinion

Slavoj Žižek: Trump’s Oval Office clash with Zelensky killed diplomacy

3:26 PM

Trump says US should spend' less time worrying about Putin'.

Trump's comments are the latest instalment of a widening gulf between the U.S., and Ukraine and its European allies.

3:03 PM

Opinion

6 silver linings of the Trump-Zelensky showdown

2:56 PM

Mobilization

Attacks on Ukraine’s draft officers on the rise, fueled by social tension and Russian interference

2:45 PM

Opinion

Trump sided with Putin. Europe, what’s your move?

2:30 PM

Russian attacks across Ukraine kill 6, injure 26 over past day.

Russian forces launched 83 drones from the Russian cities of Orel, Kursk, Millerovo, and Primosk-Akhtarsk at Ukraine overnight, according to Ukraine's Air Force.

1:24 PM

Explaining Ukraine

Kyiv, not Kiev — How Ukrainians reclaimed their capital

12:58 PM

Trump-Putin summit now being 'fast-tracked,' CNN reports.

Donald Trump's spat with Volodymyr Zelensky was an additional incentive for the next round of talks on restoring relations between the U.S. and Russia to take place in the coming weeks.

12:49 PM

'A tragedy' — Russia strikes Ukrainian military training ground during exercises, Drapatyi says.

A day earlier, news of a Russian attack with an Iskander-M missile on a training ground in the village of Cherkaske near the regional center of Dnipro began circulating on social media.

11:09 AM

Trump to discuss potential suspension, cancellation of military aid for Ukraine on March 3.

An unnamed administration official told NYT that Trump will meet on March 3 with his top national security aides, including Marco Rubio and Pete Hegseth.

9:51 AM

France, UK working on developing one month truce plan for Ukraine, Macron tells Le Figaro.

Ground and maritime operations, as well as energy infrastructure, would be part of a potential truce plan, Emmanuel Macron told Le Figaro.

8:44 AM

Ufimsky oil refinery 1,400km inside Russia catches fire, local authorities report.

No cause was given but Ukrainian forces have repeatedly launched drone strikes aimed at damaging Russia's oil industry beginning in the spring of 2024.

8:17 AM

General Staff: Russia has lost 878,070 troops in Ukraine since Feb. 24, 2022.

This number includes 1,350 casualties Russian forces suffered just over the past day.

8:08 AM

'Anora,' film with former Russian propaganda actor, wins 5 Academy Awards.

The movie won Academy Awards for Best Picture, Best Actress (Mikey Madison), Best Director (Sean Baker), Best Editing, and Best Original Screenplay (Sean Baker).

7:40 AM

Americans split on Ukraine, CBS News poll finds.

52% of respondents said they backed Ukraine in its fight against Russia. 44% of respondents said they were neutral. Only 4% of respondents back Russia.

5:56 AM

No consensus among EU states on giving frozen Russian assets to Ukraine, Tusk says.

"There are fears of negative consequences for the euro and the banking system," Polish Prime Minister Donald Tusk said on March 2.

3:56 AM

US FBI Director calls on Congress to investigate Ukraine aid transparency.

Kash Patel, the newly Trump-nominated director of the Federal Bureau of Investigation (FBI), called on the US Congress to investigate how aid money sent to Ukraine has been used, The Epoch Times reported on March 2.

2:18 AM