Monobank Enters Global Fintech Rankings for the Second Consecutive Year

by Roman Cheplyk
Friday, July 12, 2024
2 MIN
Monobank Enters Global Fintech Rankings for the Second Consecutive Year

Ukrainian Bank Recognized Among World’s Best Fintech Companies

Monobank has once again secured a spot in the global ranking of the best fintech companies for 2024, compiled by CNBC in collaboration with research firm Statista. This achievement was announced by the Ministry of Finance.

Overview of the Global Fintech Ranking The global ranking encompasses representatives from various segments of financial technologies. It includes eight categories:

  • Alternative Finance
  • Banking Solutions
  • Business Processes
  • Digital Assets
  • Financial Planning
  • Neobanking
  • Payments
  • Wealth Management

The largest representation is in the payments segment, accounting for 24% of the total companies listed.

Evaluation Criteria The ranking is based on a comprehensive analysis of more than 2,000 companies, conducted between March and May 2024. During this period, over 20,000 data points were collected. Companies were assessed based on:

  • Overall performance indicators (40% weight)
  • Segment-specific key performance indicators (60% weight)

Monobank's Achievement Monobank stands out as the only Ukrainian representative among the top 35 global neobanks in the CNBC and Statista rankings for 2024. This category features banks from 14 countries, including:

  • United States
  • Netherlands
  • Poland
  • Brazil
  • India
  • Turkey
  • Great Britain
  • Argentina
  • South Korea
  • Nigeria
  • Germany
  • Denmark

Conclusion Monobank's inclusion in the global fintech rankings for the second year in a row highlights its continued excellence and innovation in the financial technology sector. This recognition underscores the bank's significant impact on the global stage and its role in advancing Ukraine's fintech industry.

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