What Portmone.com does

Portmone.com is a Kyiv-headquartered online payment platform founded in 2002 that operates as an intermediary aggregator connecting Ukrainian consumers and small businesses to a broad set of recurring billers and financial product providers. The platform consolidates utility payments, internet and TV, mobile communications, taxes, fines, and P2P card-to-card transfers, and offers mobile top-up as a core flow. Distribution is delivered through a Ukrainian-language web portal and mobile applications on Google Play and Apple App Store.

The product surface has expanded beyond core payments into adjacent financial services: users can purchase OSAGO mandatory auto insurance, originate online credit, earn multi-category cashback on transactions, and merchants can access a dedicated business portal at business.portmone.com.ua. The revenue model is transaction-fee based: Portmone charges a commission on each payment routed through the platform, sourced from either the consumer side or the biller/merchant side depending on the flow. The company has approximately 70 employees and operates exclusively in Ukraine, with no disclosed international footprint.

Portmone's strategic position is that of a long-tenured consumer fintech aggregator leveraging brand familiarity and distribution to compete against bank mobile apps and other Ukrainian payment services. The move into credit, insurance, cashback, and SMB services indicates a deliberate effort to deepen wallet share within its existing user base rather than pursue geographic expansion.

Name

Portmone.com

Legal name

Portmone.com

Website

https://portmone.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Portmone.com is a Kyiv-based Ukrainian online payment platform, founded in 2002, that serves individual consumers and small businesses with consolidated bill payments, P2P transfers, mobile top-ups, OSAGO insurance, online credit, and a multi-category cashback program.

Ownership category

akta.pro rank

Product category

Online Payment Services

akta.pro primary industry

Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF)

akta.pro secondary industry

Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)

Keywords

• Online bill payments
• Payment processing services
• Mobile top-up services
• P2P money transfers
• Utility bill payment

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Payment processing commissions: Transaction-based fees charged on payment processing services for utilities, mobile, internet, TV, insurance, and other bill payments. The platform acts as an intermediary收取交易手续费.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Portmone.com operates a Ukrainian online payment platform that consolidates consumer bill payments, mobile top-up, and P2P card-to-card transfers into a single web and mobile interface. It processes payments for utilities, internet, TV, telephony, insurance (including OSAGO auto policies), taxes, credits, and transport, and offers a cashback rewards program plus a separate business portal for merchant payment collection.

Product overview

Portmone.com is a comprehensive online payment platform serving Ukrainian consumers and businesses. The platform operates as a unified payment portal offering a wide range of services including mobile top-up, P2P money transfers, and bill payments for utilities (communal services), internet, television, telephony, insurance (including auto civil liability/OSAGO), taxes, credits, and transport. The platform features a cashback rewards program across multiple categories. The ecosystem includes a dedicated business portal (business.portmone.com.ua) for enterprise clients, alongside consumer-facing services. Users can pay through standard catalog services or by arbitrary requisites for flexible payment needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Mobile Top-up (Поповнити мобільний) Service for topping up mobile phone balances for Ukrainian carriers, allowing users to quickly add funds to their mobile accounts through the web portal or mobile app.
• P2P Transfers (Перекази) Person-to-person money transfer service enabling users to send funds directly to other cardholders' bank cards.
• Payment by Requisites (Оплата за реквізитами) Flexible payment service allowing users to pay using arbitrary requisites for services or invoices that are not listed in the standard catalog.
• Communal Services (Комунальні послуги) Service for paying utility bills including electricity, gas, water, heating, and other municipal services for Ukrainian households.
• Internet Payment Service for paying internet service provider bills for various Ukrainian ISPs.
• Television Payment Service for paying cable and satellite television bills from Ukrainian providers.
• Telephony Payment Service for paying landline and fixed telephone service bills.
• Insurance (Страхування) General insurance payment service covering various types of insurance policies from Ukrainian providers.
• Auto Civil Liability Insurance (Автоцивілка / OSAGO) Online purchase service for mandatory auto civil liability insurance (OSAGO) policies.
• Taxes and Budget Payments (Податки, платежі до бюджету) Service for paying taxes and making government budget payments including fines and other mandatory contributions.
• Credits (Кредити) Service for paying loan installments and credit obligations to various financial institutions.
• Online Credit (Кредити онлайн) Service for obtaining online loans and credit products, enabling users to apply for and receive credit directly through the platform.
• Transport Payment Service for paying transportation-related bills and fees.
• Distribution (Дистрибуція) Distribution and payment services for various commercial products and services.
• Security Services (Охорона) Service for paying security and alarm system monitoring fees.
• Cashback Program (Кешбек) Cashback rewards program offering users percentage returns on purchases across categories including children, electronics, marketplaces, clothing, books, beauty, and promotional offers.
• Portmone.com Business Portal Dedicated business-facing portal providing payment processing and financial services solutions for SMB customers, enabling merchants to accept payments from customers and manage business payment workflows.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• FUIB (PUMB): Large Ukrainian bank with full-service mobile app including bill pay, P2P, and business acquiring — overlapping with Portmone's consumer and SMB payment products from an incumbent banking position.
• PrivatBank: Largest Ukrainian bank by customers; its Privat24 app bundles bill pay, P2P, and merchant services at scale — represents the dominant incumbent whose native app competes with Portmone's aggregator model.
• Oschadbank: State-owned Ukrainian bank with extensive utility payment integrations and mobile app — particularly strong in communal/budget payments where Portmone also competes.
• Sense Bank (formerly Alfa-Bank Ukraine): Major Ukrainian universal bank offering mobile bill payments, transfers, and merchant acquiring — competes with Portmone on both consumer and SMB payment fronts as part of a broader banking portfolio.

Emerging players

• Payoneer: Cross-border payments platform serving Ukrainian freelancers and SMBs with receiving accounts and payouts — comparable in its SMB payment infrastructure focus to Portmone's business portal offering.
• Global24: Ukrainian money transfer and payment service offering P2P, international remittances, and bill payments — overlaps with Portmone's P2P and aggregator use cases with a stronger cross-border focus.

Others

• Wise (TransferWise): Global cross-border P2P and business payments platform — relevant adjacent comparable for Portmone's card-to-card P2P functionality and a reference point for product UX in the money movement category.

Direct peers

• EasyPay: Ukrainian online and terminal-based bill payment platform covering utilities, mobile, internet, TV, and other categories — closest direct competitor in the consumer bill aggregation niche Portmone occupies.
• Monobank: Leading Ukrainian neo-bank offering mobile-first banking with built-in bill pay, P2P transfers, and cashback — directly overlapping Portmone's core payment aggregation and P2P features on a single super-app surface.
• iPay.ua: Ukrainian online payment service for utilities, mobile top-up, internet, TV, and similar recurring bill categories — competes head-to-head with Portmone on the same consumer payment aggregator use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/portmone

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Portmone.com