A global fintech startup founded by two Ukrainians has announced the launch of its platform for Ukrainians and other users from over 35 countries around the world (in Europe and other regions). The IN1 mobile app is now available on iOS and Android.
A global fintech startup founded by two Ukrainians has announced the launch of its platform for Ukrainians and other users from over 35 countries around the world (in Europe and other regions). The IN1 mobile app is now available on iOS and Android.
As stated in the company’s press release, IN1 has created a platform that integrates with various financial service providers, allowing users to manage all their cards and accounts in one mobile app. The platform also provides accounts for various fiat currencies, a crypto wallet, and the world’s first card for payments in both fiat and cryptocurrencies, which allows for easy and fast switching between them.
«The launch was made possible by the successful closing of a $6 million Seed round of financing announced in September of this year and is an important step in realizing the company’s mission — simplifying financial management,» the message notes.
The startup says that it was essential for them to provide access to the product primarily to Ukrainians, regardless of whether they live in Ukraine or abroad. The platform was developed taking into account the needs and challenges that Ukrainians face in managing their finances, especially during the war.
IN1 has a VASP license to trade and store crypto assets, meeting regulatory standards, as well as strategic partnerships with leading financial institutions for card issuance, acquiring, IBAN management and traditional money transfers.
In the wake of the launch, IN1 is already raising investment in a Series A round of funding to accelerate global expansion and introduce new advanced product features. The startup plans to quickly expand into the MENA (Middle East and North Africa) and Asia markets.
In the future, IN1 plans to introduce robotic consulting (Roboadvising), artificial intelligence tools for personal finance management, as well as an IN1 Hub with offers from partners.
«We are proud to present our platform where digital and traditional finance are integrated into a single ecosystem. We created it to offer a convenient solution for managing finances in a world where the boundaries between traditional and digital money are becoming increasingly blurred. Our task is to help Ukrainians adapt to these changes more easily and make financial transactions simpler and more accessible,» said Svitlana Monastyrska, co-founder and CEO of IN1.
The IN1 mobile app is available on the App Store and Google Play.
