Tag: 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.

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

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.”

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

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

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

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

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

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

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