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Fintech in Russia: what is it and examples of companies

... transfers, and manage their savings. Revolut is popular among those who often travel or do business abroad. ЮMoney (former Yandex.Money) ЮMoney is one of the largest electronic payment systems in Russia. With this service, users can pay for goods and services online, transfer money, and top up accounts. For businesses, ЮMoney offers solutions for accepting payments on online platforms, integrating with online stores, and processing large payment flows. Rocketbank Rocketbank was originally conceived as a digital ...

How to Acquire Foreign Currency Online

... security, managers, etc. Thus, it is possible to acquire and sell currency more profitably. All purchase procedures are conducted quickly. Individuals do not have to waste time going to an exchange office, standing in line, or searching for an exchange service with the necessary amount, etc. Online transactions take only a few minutes. Exchanges can be conducted at any time of day or night, without holidays or weekends. In other words, there are no restrictions typical of traditional banks operating from 9 AM to 6 PM. The transaction process ...

Investing in Credit Online

... questions. More information about his activities can be found on the website www.sergeytereshkin.ru . Methods of Investing in Online Lending To lend money to a specific person or company, one can utilize one of the following methods: WebMoney Debt service; Online lending services; Direct lending. To select the most suitable option, it is worth examining each method in detail, clarifying their strengths and weaknesses. WebMoney Debt Service The WebMoney electronic wallet system offers users not only a mechanism ...

Where is X5 Group investing?

X5 Group invested RUB 135.5 billion in 2023 in retail development, digitalization, logistics, and sustainable development. Find out how Russia's largest retailer is modernizing its retail networks, expanding online services, and implementing environmental initiatives to strengthen its market position and ensure revenue growth. Where Does X5 Group Invest? X5 Group is a leading Russian retailer managing well-known retail chains such as "Pyaterochka," "Perekrestok,...

Investments in Marketplaces

One more niche that the Covid-19 crisis has helped solidify is online marketplaces. Another niche that the Covid-19 crisis has helped strengthen is online marketplaces. Like other online services, they experienced a significant boost during the period of self-isolation. In recent years, marketplaces have evolved from mere intermediary services into fully functional platforms capable of addressing consumer needs from start to finish, offering ...