Fintech Farm, founded by Ukrainians, launched a neobank in Kyrgyzstan
09.10.2024Fintech Farm, founded by Ukrainians, launched a neobank Simbank in Kyrgyzstan. The company added information about the new product to its website, Forbes also reported on this, reports ain.ua.
Dmytro Dubilet
It is said that Simbank operates on the basis of the local bank Doscredobank. It has no physical branches, customers can use the services through the application. You can also open a credit card with a limit of 200 soms, which is approximately $000.
Simbank in Kyrgyzstan is the company's fourth market. Fintech Farm is developing Leobank in Azerbaijan and Liobank in Vietnam. And in 2024, they plan to launch a neobank in India.
In May of this year, Fintech Farm, founded by Dmytro Dubilet, Oleksandr Vityaz and Mykola Bezkrovny, raised $32 million in funding to enter the Indian market. This investment is a combination of a series B round and an additional round of the same series, which was led by Bank of Georgia.
In an interview for AIN.UA, Dubilet said that they plan to launch in Kyrgyzstan this year. And also in one more country of Central Asia, but he refused to name it.
We will remind you that the free service for signing Dubidoc Dubileta documents recently came out of beta testing and is now available to everyone.
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