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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, crypto rules, cryptocurrency, banks, exchanges, Bitcoin, ether, Vladimir Putin, Kremplin, cryptocurrency law, digital currency, Russian Federation, crypto exchanges, Bitcoin mining, blockchain
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
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
Russia-based VTB Factoring and Venture Engineering Lab have launched GetFinance, a multifactor digital supply chain finance platform.
VTB Factoring, Venture Engineering Lab, Russia, Russian Federation, Europe, Asia, SMEs, e-procurement, supply chain finance, financing , multifactor digital supply chain finance, cycle of processing, factoring
Russia-based digital lender Tinkoff Bank has developed a supercomputers, aiming to create a faster solution to machine learning and AI-related tasks.
Tinkoff Bank, supercomputer, product launch, AI, machine learning, banking, artifficial intelligence, Russian Federation, payments , fast transactions