The classified advertising service Avito (Keh Ekommerts LLC) has registered the joint stock company Avito Finance, which will be able to provide financial services (except insurance and pensions), provide financial advice, develop software, create information resources and process databases (in in accordance with the Unified State Register of Legal Entities).
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According to SPARK-Interfax, the new legal entity will be headed by Andrey Kritilin, former CEO of Financial Platform JSC (a side project of Cyan founder Maxim Melnikov).
Avito’s press service informed Interfax that the company’s plans do not include the creation of its own bank, for which a financial platform operator license may be required (which allows it to provide services without being a bank). . The new division will incorporate additional capabilities for financial transactions as they are demanded and appropriate: “natively.”
Currently, Avito’s financial services include Avito Wallet, a pay-as-you-go service and C2C lending (in transactions between private users). This direction in the service has been headed since the summer by Tatyana Zharkova, who previously worked in large banks and in the FinTech Association.
Interfax also reminds that in early August the parent company Avito registered several domains: avitofinance.rf, avito-fin.rf, avitofinance.ru, avito-fin.ru, etc.
In September, Avito announced the launch of a multi-tool for entrepreneurs – “Avito Business 360”, which allows you to organize both procurement and personnel search in one place.
Author:
Ekaterina Alipova
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.
