British fintech startup Revolut has become a resident of the special legal regime in Ukraine “Dia City”. This was announced on February 8 by the operating manager of the company Dmitry Strelchuk during Forum Diia Summit.
He said that in 2022 Revolut will provide over a hundred vacancies for technical specialists in Ukraine.
“The plans are to invest in Ukraine and create new jobs. We plan to become the largest IT company in the world, which covers the needs of the user in the field of personal and business finance,” Strelchuk said.
Revolut is currently valued at $33 billion. The application has the ability to purchase more than 50 cryptocurrencies.
good news that @RevolutApp has raised $800m and plans to expand even further – creating more jobs here in the UK.
We want to see even more great British fintech success stories, which is why I’ve published my vision for the future of the sector.https://t.co/zpIecU2zYn https://t.co/yxFY4bpeEW
— Rishi Sunak (@RishiSunak) July 15, 2021
Earlier we wrote that President of Ukraine Volodymyr Zelensky signed the basic law on the creation of a special legal regime Diya City.
According to this law, there will be a special taxation model for IT companies, the introduction of elements of English law to attract investment and a separate procedure for interaction with state regulatory authorities.
This law will remain in effect for 25 years.