Qiwi has closed a deal to sell assets in Russia. The buyer was Fusion Factor Fintech Limited of Hong Kong. The sale of Qiwi’s Russian assets became known on January 19; The transaction amounted to 24 billion rubles.

Qiwi closed a deal to sell assets in Russia

Qiwi closed a deal to sell Russian assets, RBC writes citing a company statement.

Alexey Mashchenkov has been appointed as the new director of Qiwi plc. The company’s priority now is to create value for shareholders and drive profitable business growth, he said.

Andrey Protopopov has stepped down from the board of directors and CEO of Qiwi and will continue to lead the business in Russia.

Qiwi announced the sale of Russian assets to Hong Kong Factor Fintech Limited on January 19. The transaction amount was 24 billion rubles.


Kirill Bilyk

Source: RB

Previous articleLottery results Red Cross and Huila Lottery: here are the results and winners of the January 30 draw
Next articleIndictment against widow of Haitian president opens new page in assassination case
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here