Digital bank NEOBANK for everyone, operating under the license of ConcordBank, entered the open market about a year ago. It has full basic functionality so that you can become a client anywhere, anytime and comfortably manage your money.
Such rapid development was made possible primarily due to the fact that the bank is the flagship product of the open fintech ecosystem Concord Fintech Solutions *.
Updating functionality of the NEOBANK for everyone does not stop even in wartime. The launch of new features in the application in accordance with the modern requirements of customers located in different countries is provided by the MustPay development team, which is part of the Concord Fintech Solutions fintech ecosystem.
Thus, given the difficult circumstances of many borrowers, in late July, the bank was the first in the market to provide an opportunity to restructure at the end of repayment holiday and in a few clicks to transfer payments to a convenient schedule and set affordable monthly payments.
The latest regulations of the National Bank are also promptly worked out: the client can buy currency against the deposit directly in the application. Please note: according to the requirements of the regulator, it is allowed to buy up to UAH 100 thousand in foreign currency per month and put it on deposit.
Oksana Muntian, Deputy Chairman of the Board of ConcordBank and Project Manager of the NEOBANK for Everyone, tells about the plans:
“We constantly monitor customer needs and have far more ideas and plans than time to implement them. The first thing that should be finalized soon - a comprehensive service for individual entrepreneurs. Our ambition is to create a single application where individual entrepreneurs can simply and conveniently manage both their personal funds and their business. All this will make it possible to significantly save time and nerves for entrepreneurs.
In addition, customers now travel a lot by car, so in the near future we will provide convenient insurance in NEOBANK - mandatory civil liability insurance, liability insurance, green card for traveling abroad and travel insurance.”
The developers of NEOBANK devote a significant part of their time to the implementation of new solutions for cross-border transfers. Yes, there are regulatory restrictions in effect today, but customers have a need, and we understand that all technological solutions must be ready for the moment we win and the resumption of cross-border transactions. And now it will allow paying for education abroad from Ukraine.
In addition, very soon in the NEOBANK application it will be possible to top up the mobile number of more than 150 operators in the world.
Now everyone can become a client of NEOBANK in the Diia application. An account is opened immediately, the card can be issued both digital and physical (pick up at a bank or Nova Poshta branch). Payments, transfers by card number or IBAN, deposits in hryvnia or dollar, etc. become available. Recently another convenience was added - transfers using a phone number to Visa cards issued by other banks.
The important opportunity is provided today to donate to the special account of the National Bank, as well as the Charity Exchange "DobroDii".
In general, the client can fully access the entire cycle of transactions and control card accounts in the application online: opening and closing, changing financial numbers, limits, PIN-code for the card, etc. Of course, both digital and physical cards can be added to Apple Pay or Google Pay services.
In the convenient transactions history you can use simple additional functions: repeat a payment or send a receipt in a convenient way. Cost analytics are always at your fingertips in dashboard format.
* Concord Fintech Solutions is the first open fintech ecosystem in Ukraine, the single infrastructure of which is formed by ConcordBank, independent processing center ProCard, payment service ConcordPay, IT company MustPay and Charity Exchange "DobroDii".
In 2022, Concord Fintech Solutions was recognized by the Ukrainian Fintech Awards in the Best fintech ecosystem category.
