What they do
uBank was a mobile payments service for the web, iOS, Android and Windows Phone. Users could pay with several bank cards, settle bills and make transfers in one app.[2][3]
It also offered a co-branded credit card with MDM Bank.[2]
History
- 2011: Laura Ashizheva founded the company in December.[1]
- 2012: The first version came out in September, and the app reached Google Play on 18 December.[2][3]
- 2013: The app passed 200,000 downloads in under two months and launched on the App Store in March.[1][2][3]
Known for
- Coming preinstalled on Samsung and Fly smartphones.[3]
- 200,000 downloads in under two months, as the only finance app among the top 20 new free apps in Russian Google Play.[1]
- An $8 million investment from Runa Capital.[2]
- More than a million Android downloads.[4]