Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Tesla Loses Ground in Europe as BYD Accelerates EV Market Share in 2025 
Toyota Retains Global Auto Sales Crown in 2025 With Record 11.3 Million Vehicles Sold 
Climate Adaptation at Home: How Irrigreen Makes Conservation Effortless 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
LVMH Investors Watch Earnings Closely as Luxury Recovery Faces New Challenges 
Google Disrupts Major Residential Proxy Network IPIDEA 
UK Politicians Call for Full Competition Review of Netflix’s Warner Bros Discovery Deal 
NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push 
Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability 
ASML’s EUV Lithography Machines Power Europe’s Most Valuable Tech Company 
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results 
First Abu Dhabi Bank Reports 22% Jump in Q4 Profit, Beats Market Expectations 
Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation 
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
NICOSIA, Cyprus, Jan. 12, 2017 -- QIWI plc, (NASDAQ:QIWI) (MOEX:QIWI) (“QIWI” or the “Company”) announced today its participation in the “Fintech” Association founded by the Central Bank of the Russian Federation together with the largest Russian financial market participants including Sberbank, VTB, Alfa Bank, Gazprombank, Otkritie FC and the National System of Payment Cards (NSPK).
QIWI’s CEO Sergey Solonin was appointed the CEO of the Association during the meeting held by the Bank of Russia representatives and the founders of “Fintech” Association on December 28, 2016. Sergey Solonin commented: "We understand that the future development of the Russian financial market requires new approaches. A new technological environment is needed to create the growth potential. Therefore, we consider the technological development of the financial and adjacent markets as one of our key priorities."
Research and implementation of promising forward-looking technologies including in the fields of distributed ledgers, open interfaces (open API), remote identification, and creation of the integrated payment space for physical and legal persons are also among core focus areas of the Association.
In addition to the appointment of the CEO, the charter of the Association, the composition of its founders and the Supervisory Board were approved at the meeting. The documents will be sent to State licensing authority approval shortly. The Association will start working in January 2017.
About QIWI
QIWI is a leading provider of next generation payment services in Russia and the CIS. It has an integrated proprietary network that enables payment services across physical, online and mobile channels. It has deployed over 16.5 million virtual wallets, over 163,000 kiosks and terminals, and enabled merchants to accept over RUB 71 billion cash and electronic payments monthly from over 58 million consumers using its network at least once a month. QIWI's consumers can use cash, stored value and other electronic payment methods to order and pay for goods and services across physical or online environments interchangeably.
Contact Varvara Kiseleva Investor Relations +357.25028091 [email protected]
