A microfinance subsidiary, the microcredit company VB Finance LLC, has been created on the Wildberries market, data from the Unified State Register of Legal Entities shows.
The company was registered on December 20 and its authorized capital is 10 million rubles. Wildberries also has a subsidiary bank.
The Wildberries press service informed RB.RU that the company is creating a legal framework to develop key areas of the online platform’s business.
“Fintech will be one of the strategic priorities of the digital platform in the coming years, so the creation of VB Finance is a logical confirmation of our plans. We plan to be one of the first to offer a loan service to sellers,” said a Wildberries representative.
It is not specified exactly what type of loan the MFO will provide. Microcredit companies (MCC) have the right to attract funds from legal entities and shareholders, but not from the public, and to issue bonds. MMK also legally limits the maximum loan amount – no more than 500 thousand rubles.
Marketplace plans to register five more companies: “VB Fashion”, “VB Sport”, “VB Charm”, “VB Trend”, “VB Food”. Their teams will focus on developing certain types of Wildberries businesses.
Author:
Anastasia Marina
Source: RB
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