T-Bank purchased controlling shares (51% each) in ROVI Factoring Plus LLC and ROVI Technologies LLC. They were purchased in JSC Qiwi, this follows from the Unified State Register of Legal Entities.

T-Bank Group bought controlling stake in Qiwi’s factoring business
  1. News


Author:

Subscribe to RB.RU on Telegram

Interfax writes that Qiwi pledged its shares in these companies to T-Bank (formerly Tinkoff) in May. Two weeks later, the bank announced the group’s intention to buy them and complement its product line with factoring for small and medium-sized businesses, which should be developed on the basis of the ROWI fintech platform. The parties have signed the necessary agreements and are currently awaiting the consent of the FAS.

The remaining shares belong to Plus Management Group LLC, the company is owned by ROWI co-founders Viktor Vernov and Evgeniy Rodionov. The ROWI team is expected to maintain autonomy in decision-making and continue to develop its business as a company. T-Bank reported on this some time ago.

We previously wrote that T-Bank (formerly Tinkoff) opened access to its T-lite large language model. It is designed to create AI solutions for a wide range of business problems.

Author:

Nikolai Tikhonov

Source: RB

Previous articleProduction of fiber optic cable components will begin in Russia on July 22, 2024 at 20:42.
Next articleApple TV+ to undergo major changes to compete with Netflix
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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here