OTP Bank announces strategic partnership with Uklon: special vehicle financing solutions for ride-hailing drivers
JSC OTP Bank, OTP Leasing LLC, and Uklon have signed a Memorandum of Partnership, providing Uklon drivers with access to convenient vehicle financing and leasing solutions.
Through these special financing programs, drivers will be able to upgrade to newer used vehicles and, as a result, qualify for higher service categories within the platform. For fleet operators, the partnership creates new opportunities to invest in more modern vehicles and expand fleet size, supporting business growth and enhancing service quality.
“OTP Bank is continuously moving forward. We are growing, expanding opportunities for our clients, and introducing new products. The Bank is already a leader in used vehicle financing, but we are not stopping there. Our partnership with Uklon is the next strategic step, combining OTP Bank’s financial expertise with the innovation of one of the largest ride-hailing services. Together, we are creating unique opportunities for businesses and supporting the development of the ride-hailing industry,” said Oleh Klymenko, Member of the Management Board of OTP Bank responsible for Retail Banking.
The Memorandum outlines several key areas of cooperation:
- Expanding access to financing and leasing solutions for Uklon partner drivers and fleet operators;
- Supporting the development of small and medium-sized businesses and strengthening Ukraine’s economic potential;
- Improving the quality, safety, comfort, and environmental performance of vehicles used in ride-hailing services.
“Uklon is consistently working to develop the ride-hailing market in Ukraine. During wartime, small and medium-sized businesses especially need access to transparent financing opportunities, including fleet renewal and expansion. We are also committed to supporting service partners whose vehicles have been damaged or destroyed because of russian aggression,” said Ivan Chornohor, Vice President of Supply and Driver Operations at Uklon.
OTP Bank is one of the largest European banks operating in Ukraine and a market leader in used vehicle financing. Combining European expertise with many years of experience, the Bank offers customers fast decisions, competitive financing terms, and professional support throughout the vehicle purchasing process.
Uklon is a product-focused technology company that brings together ride-hailing services, Uklon Delivery, the Uklon Ads advertising platform, the Uklon Store marketplace, and Uklon Travel, a bus ticket booking service, within a single app. As of July 2026, Uklon operates in 27 cities across Ukraine, as well as within the Bukovel mountain resort area.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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