T-Bank Group (formerly Tinkoff) will buy 51% of the Rowi group companies from the Qiwi holding company. We are talking about Rovi Factoring Plus LLC and Rovi Technologies LLC. This was reported to RB.RU by the bank’s press service.
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The parties signed the corresponding agreement, the transaction will be completed after receiving the consent of the FAS. The amount and other details of the transaction are not disclosed.
- Rowi appeared in 2019. The platform is one of the best factoring companies in terms of growth of the active client base, according to the Association of Factoring Companies of Russia for the first quarter of 2024.
The Rowi platform will become part of the T-Bank ecosystem; On this basis, factoring for small and medium-sized companies will be launched. Supplier companies will be able to immediately receive money under deferred payment contracts and put it into circulation without waiting for payments for supplies to be completed.
Rowi’s team, including co-founders Viktor Vernov and Evgeny Rodionov, will maintain autonomy in decision-making and continue to develop the company’s business.
- The Central Bank deprived Qiwi Bank of its license on February 21 and on April 10 forced liquidation was introduced at the bank at the request of the Central Bank, with the Deposit Insurance Agency being the liquidator.
Author:
Karina Pardaeva
Source: RB
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.
