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.
