The Tinkoff Group received 5% of the CloudPayments payment service, according to data from the Unified State Registry of Legal Entities. In this way, the group’s stake in the company increased to 100%.

Tinkoff Group increases its stake in CloudPayments to 100%

Previously, 5% belonged to the co-founder of CloudPayments, Dmitry Spiridonov, data from the Unified State Register of Legal Entities indicates that he left the membership. Now the owner of 5% is Tinkoff Bank JSC. The remaining 95% belongs to the TCS Group.

Dmitry Spiridonov together with Konstantin Yan launched the service in 2014. Three years later, the Tinkoff group bought a 55% stake in the company for 290 million rubles. Later, in 2019, the group increased its stake in the service to 90%. Soon after, Konstantin Yan withdrew from the project and sold 5% of Tinkoff.

Early last year, CloudPayments decided to combine all business lines under the common Cloud brand. The company explained this step by the desire to increase recognition of other services. As Spiridonov noted then, the company is mainly associated with Internet acquisition.

However, already in May, Spiridonov resigned as managing director of Cloud. The businessman indicated that he made the decision to leave on his own, but did not specify the reason. The company then signaled that they would continue to develop the business.

CloudPayments has divisions in Kazakhstan and Latvia. In 2018, the service was the first in Kazakhstan to connect the Google Pay payment system.

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Author:

Natalia Gormaleva

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

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