TCS Group's subsidiary Tinkoff Invest Lab, which was intended to conduct dealer activities, received licenses from the Bank of Russia for brokerage and depository activities. Tinkoff Invest Lab received a dealer license back in June 2020. Additional licenses were obtained due to the expansion of the product line of Tinkoff Investments, the press service of T...

Tinkoff Bank launched its own service for paying for purchases using a smartphone, Tinkoff Pay. Various elements of the service will be launched in stages during 2022-2023. So far, only online payments are available. Offline payments will appear later. It is also planned that customers of other banks will also be able to connect cards and accounts to the ser...

TCS Group reported a decline in net income in Q1 2022, both from the same period in 2021 and from the previous quarter. However, the company did not disclose how much the profit fell. Gross revenue in Q1 increased on the back of a 9% increase in the number of customers, to 22.7 million. TCS Group also said it would not pay a dividend until December 2022.

Oleg Tinkov told the New York Times that one day after his statement criticizing the special military operation in Ukraine, Kremlin officials warned the management of Tinkoff Bank that the credit institution would be nationalized unless he sold his stake. The businessman stated that he could not negotiate the price and was forced to sell the bank for 3% of i...