monobank updated the record for the speed of new customer registration through Diia – 99 seconds

Monobank has set a new record for the speed of registering a new client through Diia, which is still one of the main ways of registration – the client managed to do it in 99 seconds. Oleg Gorokhovsky, co-founder of the popular payment app, shared another significant achievement, noting that he is ready to bet that this result is a world record.

Customer registration remains one of the priorities and the monobank team continues to work on simplifying the procedure – removing unnecessary steps and continuously polishing UX and UI). We have to admit that monobank has one of the easiest and fastest account opening procedures, which is one of its key advantages. So this result is quite natural, and we can only congratulate the team.

By the way, the previous record of less than 2 minutes (1 minute 43 seconds) was set in August 2022, meaning that the new record holder managed to do it almost twice as fast. Oleg Gorokhovsky promises a gift to the one who can surpass the new record – an IRON iron card with free service for 2 years.

For comparison, preliminary data on the average time from the start of registration to the opening of a monobank card (from August 2022) by the main types of registration:

  • Action (40%) – 5 minutes and 16 seconds;
  • ID card (29%) – 9 minutes and 33 seconds;
  • Passport book (27%) – 11 minutes and 27 seconds.

In June, monobank reached 6 million customers – a little less than 5 years. Currently, Monobank has 7.3 million customers, second only to the leader PrivatBank in terms of the number of active cards.

  • monobank is a card product of Fintech Band and Universal Bank. The first was founded in January 2017 by former PrivatBank top managers Oleg Gorokhovsky, Dmytro Dubilet, and Mykhailo Rogalsky. The project uses the banking license of Universal Bank, a member of the TAS group owned by Ukrainian businessman Serhiy Tigipko.
Source itc
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