Ukrainian fintech company Fintech Farm has entered the Indian market with Roarbank, a neobank that will operate on the basis of the Indian bank Unity Small Finance Bank.
“We started attracting our first customers in a closed beta test. Over 100,000 users have registered in a few days,” the company said in a press release on LinkedIn.
It is noted that despite small bugs, “everything looks great.”
“After the launch of our MVP, we have ambitious plans to create even more amazing products and services for our Indian customers,” Fintech Farm added.
Fintech Farm is a fintech company specializing in creating neobanks in emerging markets. It was founded in 2021 by Dmytro Dubilet (former PrivatBank top manager and co-founder of monobank), Mykola Beskrovnyi (former head of M&A in the fintech sector at KPMG’s London office), and Oleksandr Vityaz (former head of PrivatBank’s e-Business Center).
According to Fintech Farm’s website, it has now created three more neobanks in other countries: Leobank in Azerbaijan, Liobank in Vietnam, and Simbank in Kyrgyzstan.
Imports of tractors to Ukraine in January-March 2024 amounted to $207.89 million, which is 2.8% less than in the same period last year, according to statistics from the State Customs Service.
According to the published statistics, tractors were mainly imported from the United States (24.6% of total imports of this equipment, or $51.14 million), China (16.8% or almost $35 million), and Germany (16.2% or $33.8 million), while a year earlier it was Germany ($35.4 million), Poland ($28.3 million), and the Netherlands ($26.3 million).
At the same time, in March of this year, imports of tractors increased by 13.3% compared to March-2024 and by almost 51% compared to February-2025 – up to $98.62 million.
According to statistics, in the first quarter of this year, only $1.28 million worth of tractors were exported, mostly to Romania, Zambia, and the Czech Republic.
As reported, imports of tractors to Ukraine in 2024 amounted to almost $784 million, down 5.6% from a year earlier, while exports amounted to $5.44 million against $5.74 million.
In January-March 2025, imports of transformers, inductors and chokes to Ukraine increased by more than 2.8 times compared to the same period in 2024, to $282.8 million, according to statistics from the State Customs Service (SCS).
According to the published data, during this period, products were imported mainly from China – for $252 million (89% of total imports of these goods), while a year earlier, transformers and chokes were imported from this country for $48.6 million (48.8%).
In addition, transformers were imported from Turkey (for $10.5 million) and Germany (for $2.8 million).
At the same time, in March, imports of this equipment increased by 61.5% compared to the same period last year, but decreased by 15% compared to February this year, to $71.06 million.
At the same time, Ukraine exported transformers, inductors, and chokes for $5.7 million over the three months of this year, compared to $4.5 million last year, mainly to Germany, Hungary, and Poland.
As reported earlier, according to the State Customs Service, imports of transformers, inductors and chokes to Ukraine in 2024 more than doubled compared to 2023 to $596.11 million, while China imported 2.5 times more – $400.48 million.
Dear customers, we are pleased to inform you that the State Inspectorate of Architecture and Urban Development of Ukraine issued certificate ІУ123250404640 dated 10.04.2025 on the commissioning of building No. 4 of the Krona Park II residential complex (Brovary), which certifies the compliance of the completed facility with the project documentation and confirms its readiness for operation. The next step is to assign a postal address to the building and issue keys to apartment owners.
Krona Park II is a continuation of the legendary Krona Park project, which was so popular with customers that the developer decided to create a new and improved version of the complex. And this is not surprising, because there is nothing better than living next to a park and a coniferous forest and at the same time having convenient connections to the capital. Currently, 8 more houses of the complex are under construction.
We are sincerely grateful for your trust and wish a happy future to your families in the Krona Park II residential complex by Alliance Novobud!
Ukrainians in the first quarter of this year purchased 2.641 thousand units of cars imported from China, which is 36% less than in the same period last year, reports “UkrAvtoprom” in the telegram channel. It is noted that although mostly purchased passenger cars from China were new – 2.077 thousand units, it is still 30% less than last year’s figure. At the same time, purchases of used cars decreased by more than half – to 564 units. In general, electric cars prevailed in sales of cars from China – 83%.
The top five new passenger cars of Chinese origin were BYD Song Plus – 371 units; Zeekr 001 – 174 units; Zeekr 7X – 165 units; Volkswagen ID.Unyx – 156 units; Audi Q4 e-tron – 126 units.
The most sought-after models among used cars from China were Zeekr 001 – 81 units; Zeekr 7X – 48 units; Polestar 2 – 32 units; Tesla Model 3 – 32 units; Volkswagen ID.4 – 30 units.
As reported, in the first quarter of this year, China was not among the top three countries from which Ukraine imported passenger cars, while in January-March 2024 was in third place after the United States and Germany.
Last year, Ukrainians bought about 14.4 thousand imported cars from China – 18% more than in 2023. It was noted that the demand for new cars in 2024 increased by 37% – up to 11 thousand units, and for used cars decreased by 20% – to 3.3 thousand.
The average age of “Americans” with mileage, added to the Ukrainian fleet – 6 years, and the most popular were Tesla Model Y – 1176 units; Tesla Model 3 – 1119 units; Ford Escape – 636 units; Jeep Cherokee – 511 units and Nissan Rogue – 446 units.
According to “UkrAvtoprom”, in January-March 2025 Ukrainians bought almost 9 thousand used cars from the U.S., of which 42% were electric cars, 41% – gasoline cars, 7% – hybrids, 5% – diesel and cars with HBO. But last year Ukrainians bought 41.7 thousand used cars from the USA – 46% more than in 2023.
The rise in gold prices continues on Friday afternoon due to concerns about the global economic outlook and the falling dollar. Quotes of June gold futures on the Comex exchange by 12:30 a.m. rise by 2.2% to $3,246.2 per troy ounce. Earlier in the day, an ounce was worth $3,255.9, which is a record high in history.
On the spot market, quotes reached $3,234 per ounce.
The dollar index DXY, which shows the dynamics of the dollar against the six major world currencies, fell by more than 1% to a minimum since the beginning of 2022 due to weakening confidence in US assets in the context of the trade war, Trading Economics notes.
A cheap dollar makes gold more attractive to holders of other currencies.
Earlier this week, the United States eased its position on duties on most countries, giving them 90 days to negotiate to eliminate problems in bilateral trade. At the same time, duties on China were raised to 145%. On Friday, China retaliated by raising tariffs on American goods to 125%.
An escalation of the trade conflict between the world’s two largest economies could lead to a global recession, analysts say. In such circumstances, investors are showing increased interest in safe-haven assets, including gold.
“We believe that gold will continue to rally, and in a favorable scenario, prices could rise to $3,400-3,500 per ounce in the coming months,” said UBS analyst Giovanni Staunovo.
