VisionFund Secures Financial License in Ukraine with Everlegal's Guidance
Deal News | Jan 07, 2025 | CEE Legal Matters
Everlegal has successfully advised VisionFund in establishing its presence in Ukraine, securing a financial company license that enables it to offer non-banking financial services such as loan provision and handling banking metals. This move comes against a backdrop of strengthened legislative and prudential regulations in Ukraine, which has witnessed the exit of many financial companies. In 2024, VisionFund Ukraine stands distinguished as one of only three newly licensed finance providers in the region. The Everlegal team was led by Managing Partner Yevheniy Deyneko and included several key partners and associates.
Sectors
- Financial Services
- Legal Services
Geography
- Ukraine – The article focuses on VisionFund's entry into the Ukrainian financial market.
Industry
- Financial Services – The article discusses VisionFund's entry into the Ukrainian market to provide non-banking financial services, highlighting its newly obtained financial company license.
- Legal Services – Everlegal's role in advising VisionFund on legal considerations and regulatory compliance relevant to establishing its operations in Ukraine emphasizes the importance of legal services in such transactions.
Financials
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 advised VisionFund on establishing its Ukrainian entity and obtaining a financial license. |