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Yandex agrees on USD 5.5 billion deal for Russian challenger Tinkoff Bank

News | Online & Mobile Banking | 23 Sep 2020

Russia-based fintech Yandex has agreed on a USD 5.5 bln deal to acquire online bank Tinkoff.

Yandex, Tinkoff, challenger bank, banking, online bank, digital bank, fintech, financial technology, mergers and acquisitions, acquisition, Russian Federation, Russia

Russia implements new crypto rules, as banks adapt to new exchanges

News | Cryptocurrencies | 10 Aug 2020

Russia has introduced new rules regarding the use of cryptocurrency its borders, coming into effect in January 2021. 

Russia, crypto rules, cryptocurrency, banks, exchanges, Bitcoin, ether, Vladimir Putin, Kremplin, cryptocurrency law, digital currency, Russian Federation, crypto exchanges, Bitcoin mining, blockchain

Amazon, SoftBank discuss acquisition of Russian online retailer Ozon

News | Ecommerce | 29 Jun 2020

Amazon and Japan-based SoftBank have made approaches to Russia-based conglomerate Sistema about a possible acquisition of its online retailer Ozon.

Amazon, Ozon, Sberbank, Softbank, retailer, merchant, Russia, online shopping, acquisition, Europe, Russian Federation

Sberbank and Yandex.Checkout to enhance its B2B payments offering

News | Payments General | 18 Feb 2020

Russia-based Sberbank has expanded its B2B payments offering scope in partnership with Yandex.Checkout.

Sberbank, Yandex.Checkout, payments , B2B payments, business payments, Business Online, accounting, Russia, Europe, Russian Federation