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Olena Sosedka

Co-founder of Concord Fintech Solutions
Olena Viliyivna Sosedka was born on March 20, 1975, in Dnipropetrovsk (now Dnipro). She graduated from Moscow State University (MSU), Dnipropetrovsk University of Economics and Law, and Kyiv-Mohyla Business School with an MBA (Master of Business Administration) degree. She began her career in the financial sector in the early 1990s. She was involved in acquiring shares of Ukrainian enterprises and subsequently reselling them to foreign investors. In 2012, Olena, along with her sister Yulia, became the main beneficiaries of the Joint-Stock Commercial Bank "Concord." She is a co-founder of Ukraine's first open fintech ecosystem, Concord Fintech Solutions, and the Charitable Exchange "DobroDiy." In 2025, she was awarded the honorary title "Mother Heroine" as a mother of six children.
2014
Acquired an unfinished processing center, which later became ProCard
2017
Earned an MBA degree from Kyiv-Mohyla Business School
2020
Introduced Concord Fintech Solutions, the first open fintech ecosystem in Ukraine
2020
ProCard processing center received the status of a certified Visa Ready for Fintech Enabler partner
2021
Expanded the fintech ecosystem to the international market, starting with Azerbaijan
2022
Entered the TOP-50 most influential women in Ukrainian fintech for the second year in a row
2022
Concord Fintech Solutions received the Ukrainian Fintech Awards as "Best Fintech Ecosystem."
2023
Launched an educational program for graduates of the Dnipro Lyceum of Information Technologies, providing grants for education
2024
Awarded the "Cross of Honor" by the Ministry of Defense for significant volunteer contribution and assistance to the army
2025
Received the honorary title "Mother Heroine."
News by theme
Exclusive
Rada adopted the state budget for 2026: what it means for the economy and exchange rates

The 2026 budget lays down a record need for external injections and a significant increase in expenditures. As fintech expert Olena Sosedka notes, the economy will be extremely sensitive to financing delays, and the dollar exchange rate may temporarily rise to UAH 49.

Economy • December 3, 03:15 PM • 47507 views
Exclusive
Ukraine prepares for large-scale changes: IMF demands strengthening of tax policy

The draft extended financing program between Ukraine and the IMF provides for a package of changes to strengthen public finances and enhance anti-corruption policy. These innovations will affect tax policy, customs rules, the energy sector, and the state's interaction with business.

Economy • December 2, 06:00 AM • 61059 views
Exclusive
Court resumes criminal investigation against NBU chief lawyer Oleksandr ZymaPhoto

Kyiv's Pechersk District Court has overturned the decision to close the criminal proceedings against Oleksandr Zyma, director of the NBU's legal department. The case concerns possible abuse of office and has been returned for investigation.

Society • November 27, 01:37 PM • 42420 views
Bitcoin rises above $90,000 for the first time in a week amid growing market optimismPhoto

Bitcoin surpassed $90,000 for the first time in a week after a month-long decline, which occurred amid a rise in risky assets and reduced volatility. This growth was supported by signals from the options market and an inflow of funds into BlackRock's US Bitcoin exchange-traded fund.

Economy • November 26, 07:22 PM • 3612 views
Gold prices rise amid weak US data

In Asian trading, gold rose by almost 1% due to a weakening dollar and weak economic data from the US, which strengthened expectations of a Fed interest rate cut in December. The spot price of gold rose to $4,166.13 per ounce, February futures to $4,201.15.

Economy • November 26, 07:45 AM • 2621 views
Bitcoin heads for worst month since 2022 crypto market crash

Bitcoin lost about 23% of its value in November, which is the largest monthly drop since June 2022. This drop follows a wave of liquidations on October 10, which wiped out $19 billion in leveraged tokens.

Economy • November 21, 09:06 AM • 4463 views
Exclusive
Bitcoin overheated: fintech expert Olena Sosedka predicted what would happen to the crypto market

The cryptocurrency market has experienced one of its most significant corrections this year, with Bitcoin falling by approximately 30% since early October. Fintech expert Olena Sosedka explained the reasons for the decline and outlined expectations for the market's future behavior.

Economy • November 18, 02:10 PM • 81833 views
Gold prices fall to a weekly low amid reduced expectations of a Fed rate cut

Gold prices fell to their lowest level in more than a week as markets scaled back expectations of a US Federal Reserve interest rate cut next month. Spot gold fell 0.1% to $4041.54 an ounce, while gold futures for December delivery fell 0.8% to $4040.30 an ounce.

Economy • November 18, 12:17 PM • 3191 views
Gold surpasses 3-week high after record US shutdown ends

Gold prices rose to a more than three-week high on expectations of an increase in US national debt and the release of economic data. Spot gold rose 0.9% to $4235.56 per ounce, while gold futures rose 0.6% to $4240.10 per ounce.

Economy • November 13, 10:58 AM • 3057 views
Gold prices hit two-week high on weak US data

Spot gold prices rose 2% to $4079. 49 an ounce, reaching their highest level since October 27. Weak US economic data and a weakening dollar strengthened expectations of a Fed rate cut next month.

Economy • November 10, 09:48 AM • 6548 views
Exclusive
Women and money: why the future of finance has a female face

An opinion column by Olena Sosedka, a financial expert and co-founder of Concord Fintech Solutions.

Society • November 7, 03:32 PM • 203938 views
Bitcoin hits two-week low amid declining risk appetite after crash

Bitcoin fell 2. 5% to $104,179 on Tuesday, reaching its lowest level in over two weeks. The decline comes amid a strengthening US dollar, decentralized finance manipulation, and investors withdrawing $1.8 billion from exchange-traded funds.

Economy • November 4, 09:17 AM • 2545 views
Zima's case is stalled: for months, the police have not submitted criminal proceedings materials against the NBU's chief lawyer to the court.

Pechersk District Court of Kyiv cannot consider the appeal against the closure of the case against Oleksandr Zima, director of the NBU's legal department, due to the police's failure to provide materials. The hearing has been postponed until November 11, and the court is once again demanding the materials.

Crimes and emergencies • November 3, 11:03 AM • 2858 views
The best asset is you: why mental health and development are more important than deposits

Author's column by Olena Sosedka, fintech expert and co-founder of Concord Fintech Solutions.

Society • October 31, 12:08 PM • 77417 views
Exclusive
Hryvnia holds steady: why the NBU is preventing a sharp fall and what will happen to the dollar

Why the National Bank is preventing a sharp fall of the national currency and what will happen to the dollar.

Economy • October 27, 12:53 PM • 92677 views
Exclusive
For the third month, the court cannot consider the appeal against the closure of the case against the chief lawyer of the NBU, Zyma: the lawyer named the reasonsPhoto

The Pechersk District Court of Kyiv has been unable to consider an appeal against the closure of the case against Oleksandr Zyma for three months due to the police's failure to provide materials. Former Deputy Prosecutor General Oleksiy Bahanets explained that this could indicate the law enforcement officers' interest or influence on them.

Society • October 23, 09:30 AM • 14134 views
Exclusive
"Emigration dream." Why offers to move to remote villages abroad for 20-30 thousand euros are not as attractive as they seem at first glance

Italy, Switzerland, and Spain offer up to 32,000 euros for moving to remote villages to combat the demographic crisis. However, these programs are investment-based and have strict conditions, including long-term residency, real estate investment, or starting a business.

Society • October 22, 02:00 PM • 55607 views
Exclusive
Virtual Assets Bill: MP told when the document might be considered in the Rada

The bill on the legalization of the virtual assets market in Ukraine has received 2,500 amendments, which delays its consideration and voting in the second reading. It is currently not determined who will be the regulator – the NBU or the NSSMC.

Economy • October 20, 02:23 PM • 49184 views
Exclusive
Olena Sosedka: We learned through practice, and they learned on TikTok. Why do children know more about money than we did at their age?

An opinion column by Olena Sosedka, a financial expert and co-founder of Concord Fintech Solutions.

Society • October 17, 11:59 AM • 17605 views
New high recorded: how gold and silver prices changed on October 17

Spot gold price rose 0. 8% to $4359.31 per ounce, reaching a record high of $4378.69. Gold futures rose 1.6% to $4372.10.

Economy • October 17, 08:02 AM • 3663 views
Gold prices continue to rise to a record high above $4,200 an ounce amid US-China tensions

Spot gold prices rose to $4,237. 87 per ounce, while US gold futures reached $4,252.59. The price increase is supported by expectations of a Fed rate cut and escalating trade tensions between the US and China.

Economy • October 16, 07:48 AM • 3945 views
Exclusive
Second month without a decision: the consideration of the complaint against the closure of the case against the NBU's chief lawyer Zyma has been disrupted again

The Pechersk District Court of Kyiv has been unable to consider the complaint against the closure of the case against Oleksandr Zyma for the second month. The hearing was postponed to October 28 due to the police's failure to transfer the materials.

Society • October 15, 10:14 AM • 54022 views
Exclusive
The collapse of the largest crypto exchange Binance: what caused the $19 billion losses

On October 11, 2025, the crypto exchange Binance suffered a market collapse of $19 billion due to an architectural flaw in the crypto exchange's system. How this could have been avoided - UNN was explained by fintech expert and co-founder of Concord Fintech Solutions Olena Sosedka.

Economy • October 14, 12:47 PM • 72254 views
Gold and silver prices soared: new record set on October 14

On Tuesday, October 14, gold prices rose to a new record high above $4,100 an ounce. This happened due to renewed tensions between the US and China, which sparked a rush for safe-haven assets.

Economy • October 14, 06:48 AM • 19546 views
Bank of America forecasts gold price to rise to $5,000 per ounce by 2026

Bank of America raised its gold price forecast to $5,000 per ounce for 2026, citing increased investment demand and geopolitical risks. This comes amid a record rise in gold prices, which have already exceeded $4,000 per ounce.

Economy • October 13, 02:05 PM • 5104 views
Gold prices hit a record $4,100 an ounce on October 13

Gold prices surpassed $4,100 an ounce for the first time on October 13, reaching new record highs. This surge is driven by the escalating trade dispute between the US and China, which has prompted investors to seek safe-haven assets.

Economy • October 13, 01:30 PM • 3639 views
Exclusive
Bitcoin under geopolitical pressure: why new US tariffs against China crashed the crypto market

Global financial markets are in turmoil amid new decisions by the US administration. Bitcoin fell by more than $20,000, while other digital assets lost up to 15% of their capitalization. Fintech expert Olena Sosiedka commented on the reasons for the fall in the crypto market and gave a forecast for the recovery of digital asset values.

Economy • October 13, 08:59 AM • 59917 views
Bitcoin price change on October 13: how much it costs now - Bloomberg

The total market value of all cryptocurrencies rose by more than 6% to over $4 trillion on October 13. Bitcoin traded at around $115,000 in London after falling below $105,000 in the US.

Economy • October 13, 07:39 AM • 4917 views
Gold hits record high amid renewed US-China tensions

On October 13, gold rose 1. 5% to a record $4078.05 per ounce, and futures increased 2.3% to $4093.50, amid escalating trade conflicts between the US and China. Silver jumped 2.7% to $51.70, platinum 2.9% to $1635.35, and palladium 3.6% to $1452.50.

Economy • October 13, 06:07 AM • 17797 views
Bitcoin drops to $121,000: traders take profits after record growth

The price of Bitcoin fell to $121,525. 6 after reaching a record high of over $126,000. The drop is attributed to profit-taking and investor uncertainty about the economic situation in the US.

Economy • October 10, 08:07 AM • 4324 views