privatbank - Ukraine Digital News

PrivatBank launches business incubator for first-time entrepreneurs

October 5, 2016

Last month PrivatBank, a major Ukrainian bank, launched a business incubator allowing entrepreneurs from all fields, including high tech, to jump start their business from scratch. The incubator will operate as part of ‘Country of entrepreneurs,’ the bank’s national program for enterprise development and job creation. This program aims to create no less than one …

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Ukrainian companies invited to Berlin to discuss EU-Ukraine e-commerce

August 1, 2016

The Embassy of Ukraine in Germany is inviting Ukrainian companies to attend “#EU-Ukraine,” an event dedicated to e-commerce trade between Ukraine and the European Union, which the embassy will host on September 1. The event seeks to show the potential of the Ukrainian e-commerce and online market powered by the Ukraine-EU association agreement, which was signed in 2014 and …

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Uber launches in Ukraine with support from local authorities

July 4, 2016

On June 30 Kyiv (Kiev), the Ukrainian capital, was added to the map of Uber’s global operations, joining a group of some 450 cities. City mayor Vitali Klitschko was the first client of the service. As reported by Ukrainian tech blog AIN.UA, the service was presented officially by Arkadiy Veshebenyuk, General Manager at Uber Ukraine, …

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The best Ukrainian e-commerce startups showcased in Kyiv

April 19, 2016

The fourth edition of the Ukrainian E-commerce Awards 2016, the annual ceremony to honor top Ukrainian e-commerce startups, was held on April 14 in Kyiv (Kiev). The initiative brought together some 130 Internet projects. The event showcased the best startups in each of five judging categories: the breakthrough of the year, the best e-commerce B2B …

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Ukrainian bank lets you “lend money to your baker”

March 25, 2016

On March 1 PrivatBank, a leading Ukrainian bank, launched an advanced P2P and P2B lending service, allowing individuals and businesses to borrow money from each other directly. Christened ‘Profitable Investment Service,’ this offer aims, first of all, to “provide small businesses and individuals with an opportunity to borrow money quickly and at low interest rates,” PrivatBank …

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BPO: Ukraine’s hidden potential

March 1, 2016

Gartner defines Business Process Outsourcing (BPO) as the delegation of one or more IT-intensive business processes to an external provider that owns, administrates and manages the selected processes based on defined and measurable performance metrics. Classic BPO services are grouped in two major categories: horizontal services (those that can be implemented across specific industries) and …

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PrivatBank launches B2B and B2B marketplace

February 1, 2016

Last week PrivatBank, a major Ukrainian bank, unveiled the beta version of PrivatMarket, a new B2B and B2C online marketplace. An account at PrivatBank is required for companies to use the marketplace. Sellers may display company and product information, and search for buyers. Companies may also participate in tenders — including government tenders, which are managed …

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International payment service provider PayU quits Ukrainian market

March 23, 2015

Earlier this month, Ukrainian clients of PayU, an international PSP which belongs to Naspers via the Allegro Group, were informed that the company will stop activities in the country in the near future. While the company explained its decision as “based mainly on an assessment of the current and expected market conditions,” Ukrainian tech publication …

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Polish incubator Next.Step invests $50,000 in Ukrainian startup Treasurer

December 17, 2014

Odessa-based Kaznachey (Russian for “Treasurer”) has developed a cloud-based processing platform for Internet sites and mobile applications which allows users to purchase goods and services with any legal currency (bank cards, through self-service terminals, or by credit) as well as through sellers to be paid by account or by card. The startup has obtained $50,000 …

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PrivatBank launches offline e-commerce ordering and delivery network

September 23, 2014

PrivatBank, a leading Ukrainian bank, has launched a network of offline e-commerce access points. These points, christened “Magazin,” are equipped with computers which allow users to place orders at local and foreign e-commerce sites. The sites currently displayed are Comfy, Praktiker, 5ok, TopMall, Gold.ua, daily deal sites Pokupon and Groupon, as well as eBay, Amazon …

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Poroshenko unveils Instagram account while presidential website faces DDos attack

August 6, 2014

As Facebook, Twitter, Instagram, and others become ubiquitous, many Ukrainian leaders now communicate via social networks. Since the Maidan revolution these networks have even been used by several top officials to announce important government decisions. Following the trend is Petro Poroshenko. The newly-elected Ukrainian president, who already maintained an official presence on Twitter and Facebook, last …

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