Ukrainian-founded · $1B valuation
Fintech-IT Group
Fintech-IT Group is the Ukrainian product company behind monobank. A U.S.-backed investment valued it at $1 billion in 2025.
- Stage
- Growth equity ↗
- Hiring
- Hiring ↗
- Founded
- 2017
- Location
- Kyiv · Dnipro
- Focus
- Fintech · Digital banking
- Ukraine presence
- Founded and operated in Ukraine
- Status
- Active
Recent momentum
Reached a $1B valuation in 2025; the company reports 10M monobank users and 6.4M monomarket purchases.
Funding stage
UMAEF and private U.S. investors completed an undisclosed investment at a $1B valuation in October 2025.
Stage source ↗Ukrainian connection
Oleg Gorokhovskyi and Mykhailo Rogalskyi founded the company in Ukraine and built monobank for the Ukrainian market.
Founders
Oleg Gorokhovskyi
Co-founder · Ukrainian co-founder of Fintech-IT Group and monobank.
LinkedIn profile ↗Mykhailo Rogalskyi
Co-founder · Ukrainian co-founder of Fintech-IT Group and monobank.
LinkedIn profile ↗Sources
- UMAEF invests in Fintech-IT Group ↗Ukraine-Moldova American Enterprise Fund · Supports: investment, valuation, founders, users, Ukraine connection.
- Fintech-IT Group company profile ↗Fintech-IT Group · Supports: founders, products, users, company.
Reviewed August 8, 2026. Methodology.