Russian technology firms Yandex, Mail.ru Group, Ozon and Wildberries are reportedly creating their own Fintech platforms so that they can potentially compete with some of the largest banks in the country, according to a report from Forbes Russia.
Nasdaq-listed Yandex, which was in negotiations to acquire Russia’s digital bank Tinkoff (but the deal failed), has now decided to continue its focus on Fintech so it can offer some type of financial services via mergers and acquisitions or some…
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