monobank updates: the first redesign in 6 years for the largest non-bank in Ukraine

Oleg Gorokhovsky, co-founder of monobank, announced the launch of a new design for the banking app on his Telegram channel:

“At the start, we had only one card, so the design was conceived specifically for it. And now we have different cards, individual entrepreneurs, and a lot more in the pipeline. Because we want to make new products. And because we are not used to standing still.”

The main screen will still display the card, information about the account status, and recent transactions, but in a new design. Most actions have been simplified by adding a swipe option and some 3D animation, so you can, for example, switch between cards (instead of opening a separate menu, as in the previous version) or open a card statement (now it is common to all cards).

To use the updated application, customers should click the corresponding button in the “More” section, where they can also return to the old design. At the same time, all future launches will be reproduced only in the new style.

Earlier, in a commentary to Forbes, Gorokhovsky said that this time monobank refused to outsource the design, which was done by an internal team for four months.

  • 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.
  • In January, monobank reported 8 million users – it took the project just over 6 years to achieve this result (the app was launched on November 22, 2017). Since April 2021, monobank has been adding about 100 thousand monthly. new customers, and this pace continued until the outbreak of the Great War (now a little more than 80 thousand new customers choose monobank every month).
  • Back in the summer, Monobank surpassed Oschadbank in terms of the number of cards issued – in terms of the number of active cards, it is second only to the leader PrivatBank (about 26.5 million cards).
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