Tag: Russia

Cashless payments on the rise in Russia

For the first time ever, Russians completed more cashless payments in a quarter than they did with physical cash, according to research from Sberbank.

Russian billionaire losses legal battle against Nordic banks who refused his...

One of Vladimir Putin’s besties has lost a lawsuit against four Nordic banks who refused to do business with him.

The FBI issues warning on apps created in Russia as a...

The US’ Federal Bureau of Investigation (FBI) has reportedly issued a warning that any mobile app created in Russia could be a “potential counterintelligence threat.”

Russian Tinkoff Bank has launched a social network for investors

Tinkoff Bank’s new initiative Pulse is a way to enable investors, traders and users to share new ideas.

SimpleFinance bags $15m in funding from SBI

Moscow-based SimpleFinance has bagged $15m in equity funding from SBI Investments.

Russi-based TCS acquires stake in Kassir.ru

Russia-based TCS Group Holdings has acquired a stake in Kassir.ru, a ticket sales company.

Crypto e-commerce solution company Storiqa closes ICO on $25m

Online crypto-marketplace Storiqa has closed its ICO on $25m, receiving support from more than 55,000 backers, across 170 countries.

Fort Ross launches $200m fund to bring US startups to Russia

Fort Ross Ventures, a venture capital firm looking to more U.S. startups to Russia, has raised a $200m fund.

ID Finance raises $8.5m in bond issuance

ID Finance has secured the initial capital for its first step of its bond issuance programme, pulling in $8.5m.

Merkata Smart POS nets funding from FinSight Ventures

Russia-based Merkata Smart POS has received an undisclosed investment from FinSight Ventures.

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