How OnHires Helped monobank Scale Digital Banking Hiring | Case Study
Monobank is Ukraine’s first fully branchless digital bank, delivering retail banking services through a mobile-first product. Operating as a retail product of JOINT STOCK COMPANY “UNIVERSAL BANK”, monobank serves millions of individual customers across Ukraine. As the platform continued to scale, monobank required senior engineering, data, and finance leadership to support product stability, regulatory compliance, and operational growth.
Client:
monobank
Industry:
FinTech
Country:
Ukraine
Service:
Recruitment
Background
Monobank operates in a highly regulated banking environment where speed of execution must be balanced with reliability, security, and compliance. As product usage increased and internal initiatives expanded, the leadership team faced growing pressure to strengthen core technical and financial functions.
The hiring challenge extended beyond technical skills — candidates needed strong domain knowledge, experience in regulated environments, and the ability to operate within fast-moving digital teams.
Challenges
When monobank engaged OnHires, the company faced several complex hiring challenges:
Scarcity of senior engineering and data talent with fintech and banking experience.
Simultaneous hiring across technology, data, and finance leadership roles.
Highly competitive market for experienced candidates in Ukraine and CEE.
Distributed stakeholders across product, finance, and compliance teams.
Need for consistent evaluation standards across technical and non-technical roles.
Solution
OnHires built a tailored recruitment program aligned with monobank’s digital banking and compliance requirements.
Recruiters experienced in fintech, banking, and regulated technology environments.
Targeted sourcing for senior engineering, data, and finance specialists.
Deep intake and calibration sessions with technical, finance, and executive stakeholders.
Role-specific hiring pipelines adapted to banking and compliance standards.
Structured interview processes balancing technical depth, leadership, and risk awareness.
Results
Working closely with monobank’s leadership, OnHires helped establish a scalable and predictable hiring process across critical functions.
4 key roles successfully closed across engineering, data, and finance.
52% faster time-to-hire compared to previous internal hiring cycles.
Senior hires secured in engineering and financial leadership positions.
Hiring aligned with monobank’s regulatory and growth requirements.
Higher interview-to-offer conversion through upfront role calibration.
Beyond individual hires, the engagement resulted in a repeatable hiring framework that monobank continues to use for new initiatives. This reduced friction between technical, finance, and compliance teams while improving overall hiring predictability.
Stronger employer positioning within fintech and banking talent markets.
Sustainable pipeline for future engineering and data leadership roles.
Ongoing collaboration for senior and niche hiring needs.
This case demonstrates how structured recruitment enables digital banks to scale complex teams while maintaining compliance, security, and execution quality.
“OnHires demonstrated a deep understanding of our technical and regulatory requirements. Their structured approach helped us scale key roles efficiently without compromising quality.”
CEO
Looking for similar results?
Looking to scale your digital banking, engineering, or finance teams? Let’s build a hiring strategy that supports growth and compliance — just like we did for monobank.
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