NBU banned the fraudulent service MONEY24/7: companies operated without the necessary licenses

The National Bank of Ukraine has banned the provision of financial and payment services through internet services, branded branches, and resources of MONEY24/7. The regulator stated that it had detected signs of unlicensed activity.

The National Bank of Ukraine reported this.

According to the NBU, companies and individuals associated with MONEY24/7 were in fact carrying out operations that bear signs of trading in foreign currency valuables, raising funds, and transferring funds without opening an account, all without the required licenses.

The regulator also identified aggressive advertising of the services, as well as legal and economic signs of affiliation among the companies operating under the MONEY24/7 brand.

The ban applies to activities conducted via the website money24.kiev.ua, branded branches, Telegram channels and bots, as well as other resources of the service.

At the same time, the NBU noted that LLC “FU “GGLA”” may continue trading in foreign currency valuables in cash form in accordance with its existing license.

The NBU Board adopted the decision to ban the activity on August 17, 2026, following a recommendation from the regulator’s relevant committee.