Business news from Ukraine

Business news from Ukraine

KYT Group to expand its range of services with investment services

20 December , 2024  

The FinTech company KYT Group, whose flagship activity is currency exchange, announced the launch of the investment division KYT Invest, the company’s press release said on Thursday.

“The creation of KYT Invest was a logical continuation of the group’s activities in providing clients with consultations on the development of customized individual investment strategies. The development of the investment direction reflects the large-scale transformation and scaling of the group’s business, including the expansion of the range of financial services, the launch of new digital products and services,” it said.

As noted by the company, the key mission of KYT Invest is to make investing transparent, profitable and accessible.

“The investment direction of KYT Invest will expand the range of financial services for the group’s clients and create unique opportunities to invest in reliable instruments for preserving savings, managing private capital and receiving investment income with a trusted partner,” the publication notes.

The company indicates that the investment division will offer clients modern, profitable solutions for managing capital and increasing savings, in combination with FinTech solutions. It is specified that the KYT Invest product portfolio, in addition to classic instruments, will include innovative solutions, including smart contracts based on blockchain technologies and tokenized investment assets.

“A wide national network of more than 90 representative offices of KYT Group in 29 major cities of Ukraine will allow a wide range of investors of various profiles to gain access to modern instruments for managing capital and increasing it,” the release emphasizes.

It is noted that the investment services and products of KYT Invest will be further integrated into the mobile application KYTApp, the release of which is planned for the near future. The company informs that the first official presentation of KYT Invest took place in London in early December.

https://en.interfax.com.ua/news/economic/1035216.html 

 

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