The first paid application for the Aurora operating system, in Russia fines for leaking personal data will increase up to 10 times, Russian immigrant startup Scentbird raised $820 thousand from The Garage Syndicate and other events on November 8.
Russia
- In Russia, fines for personal data leaks will increase up to 10 times; the maximum amount will increase to 1.5 million rubles. These changes to Russian legislation were supported by the government.
Finance
- In the first nine months of 2023, the volume of loans granted exceeded 100 trillion rubles for the first time. Mortgages represent the largest contribution to loans to the population. According to the Central Bank’s forecasts, credit growth in 2023 will be 17-20%, RBC reports.
Business
- Alexey Gorbunov’s FinSight Ventures and others invested $3.5 million in InsurTech company Bimaplan.
- Russian startup Scentbird, which sells designer perfume samples via subscription, raised $820,000 from venture capital firm The Garage Syndicate.
- Turkish clothing brands, which entered the Russian market after the departure of some Western brands, are beginning to reconsider their strategy for working in the Russian Federation, Kommersant writes.
Technologies and services
- The National Payment Card System (NSCP, the operator of the Mir payment system and the developer SBPay) and the Open Mobile Platform (OMP, a subsidiary of Rostelecom and the developer of Aurora) are developing the first payment application for Aurora OS – “SBPay”, discovered Vedomosti.
Author:
Team RB
Source: RB

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