Ukraine-Russia

Kyiv startup yoCard enters Russian market as first step to international expansion

Disregarding the current tensions between Ukraine and Russia, yoCard, a Kyiv (Kiev) -based startup developing a virtual mobile wallet application to store customer loyalty and discount cards, has made public its first steps on the Russian market as part of its international strategy. This strategic move has already been done or is under consideration by …

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Ukrainians have more than 40 million social network accounts, Russian sites still dominate the market

According to research by Yandex Ukraine, Ukrainians have created 40 million accounts on popular social networks like Odnoklassniki, Vkontakte (VK.com), Facebook, and Twitter as of summer 2014. Russian social networks still dominate the market, as 27 million accounts have been created on Vkontakte and 11 million have been created on Odnoklassniki, as opposed to only …

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Russian subsidiary of Poland’s Asseco launches division in Crimea to serve local banking sector

Banking and finance software developer R-Style Softlab, based in Russia and owned by Polish company Asseco, is opening a new division in Crimea. Its office will be in Sevastopol. The department will specialise in software development for the banking sector, particularly banks located within Crimea and nearby regions. The company expects that by the end …

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Russia’s Quadro Capital Partners and Forex Club ready to invest in Ukraine

Last week Russian venture fund Quadro Capital Partners (FXC-QCP VC) and online trading service provider Forex Club announced investment plans in the field of Internet trading on the international stock market. The target geography includes Russia, Ukraine, other states of the former Soviet Union, and Europe. The total volume of investments could reach up to $200 million, a Forex Club executive …

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Crimean accelerator packing its bags as region moves to embrace Russian ideals

The Crimean region’s only startup accelerator Ant-Lab, located in Sevastopol, recently closed its doors because the owner did not want to be taken over by Russia, according to Ant-Lab owner Igor Petrov. Petrov was in the middle of packing up to move to Kiev when contacted by Geektime and he told us that a Russian takeover …

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