Monobank is Ukraine’s first virtual bank, allowing customers to conduct transactions directly from their smartphones. We provide services, like paying utilities, recharging phone balances, and replenishing payment cars, for free. Launched in July 2017, Monobank which works with Universal Bank, signed up 100,000 new users in its first three months of operation. The digital bank was built by IT consulting team Fintech Band, co-founded by former PrivatBank senior executives Dmytro Dubilet, Michael Rogalskiy and Oleg Gorokhovskyi.