DCH Withdraws from Gambling Projects, Shifts Focus to E-Commerce and Fintech
The DCH holding company, owned by Ukrainian businessman Oleksandr Yaroslavsky, has officially announced its withdrawal from the gambling sector, citing limited opportunities for new entrants. The company shared the update with Scroll.media.
- According to DCH, the gambling market is effectively closed to new players, and as a result, the company sees no sense in further investment in that direction.
- Instead, DCH plans to redirect its focus, committing up to UAH 5 billion over the next three years to fintech, e-commerce, and insurance projects.
«We will move in directions where we see potential,» said Oleksii Bolkhovitinov, DCH’s Strategy Director. «For example, the integration of marketplaces and online banking enables seamless payment experiences and increases conversion through solutions like ‘buy now, pay later’ (BNPL).»
The holding is also exploring opportunities to enter global markets and transform e-commerce platforms into financial ecosystems, offering services such as insurance, cashback cards, and microloans — all of which could open up new revenue streams.
DCH is one of Ukraine’s major holding companies. Recently, it was revealed that DCH acquired a stake in Kasta, one of the country’s leading e-commerce platforms. We covered that deal in detail in a separate article.
DCH Withdraws from Gambling Projects, Shifts Focus to E-Commerce and Fintech
The DCH holding company, owned by Ukrainian businessman Oleksandr Yaroslavsky, has officially announced its withdrawal from the gambling sector, citing limited opportunities for new entrants. The company shared the update with Scroll.media.
- According to DCH, the gambling market is effectively closed to new players, and as a result, the company sees no sense in further investment in that direction.
- Instead, DCH plans to redirect its focus, committing up to UAH 5 billion over the next three years to fintech, e-commerce, and insurance projects.
«We will move in directions where we see potential,» said Oleksii Bolkhovitinov, DCH’s Strategy Director. «For example, the integration of marketplaces and online banking enables seamless payment experiences and increases conversion through solutions like ‘buy now, pay later’ (BNPL).»
The holding is also exploring opportunities to enter global markets and transform e-commerce platforms into financial ecosystems, offering services such as insurance, cashback cards, and microloans — all of which could open up new revenue streams.
DCH is one of Ukraine’s major holding companies. Recently, it was revealed that DCH acquired a stake in Kasta, one of the country’s leading e-commerce platforms. We covered that deal in detail in a separate article.
