VisionFund Enters Ukrainian Market with Financial License
Deal News | Jan 07, 2025 | CEE Legal Matters
Everlegal has successfully advised VisionFund on its entry into the Ukrainian market by establishing a local entity and securing a financial company license. This move allows VisionFund Ukraine to offer non-banking financial services, including loan provision and banking metals. Achieving this milestone is significant given the stringent legislative environment that saw many financial companies exit the Ukrainian market. VisionFund Ukraine now stands as one of only three new finance providers licensed in 2024. The legal team from Everlegal included Managing Partner Yevheniy Deyneko, Partner Andriy Olenyuk, and several associates and legal assistants.
Sectors
- Financial Services
- Legal Advisory
Geography
- Ukraine – The article discusses VisionFund's market entry and obtaining a financial company license in Ukraine.
Industry
- Financial Services – The article involves the entry of VisionFund into the Ukrainian financial services market, focusing on non-banking financial services.
- Legal Advisory – Everlegal provided legal services to VisionFund to help establish its Ukrainian entity and obtain necessary financial licensing.
Financials
- – The article does not specify any financial amounts, such as deal prices or revenue figures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| VisionFund | Target Company | Company | VisionFund is entering the Ukrainian market to provide non-banking financial services. |
| Everlegal | Legal Advisor | Company | Everlegal provided legal advice and assistance for VisionFund's entry into the Ukrainian market. |
| Yevheniy Deyneko | Managing Partner | Person | Yevheniy Deyneko is the Managing Partner at Everlegal and part of the team advising VisionFund. |
| Andriy Olenyuk | Partner | Person | Andriy Olenyuk is a Partner at Everlegal involved in advising VisionFund. |