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YANDEX COMPANY LIQUIDATES INVESTMENT SERVICE

... an inevitable outcome. According to Interfax, platform users will be allowed to buy shares and other securities and replenish their accounts until April 11. After that, the service will be terminated. Clients of the service will be able to withdraw finances and sell shares until April 15, 2022. It is emphasized that "Yandex" guarantee not only the phased elimination of the project. Even after its complete closure, users will still be able to access their funds through the company's website or through the bank's application. Users will be allowed to transfer assets ...

OZON INTENDS TO OBTAIN A BANKING LICENSE

... information will help the company make right decisions on loans. In February this year, Ozon has already established the microfinance organization Ozon Credit - it is awaiting the entry into the state register. It is assumed that this particular company ... ... to the financial sector. For example, Wildberries service became the owner of Standard-Credit Bank at the beginning of 2021. Yandex also announced the plans to buy its own financial institution.

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