Tinkoff Group Holding (TCS) is an innovative provider of online retail financial services operating in Russia through a high-tech branchless platform. Since its launch in 2007 by Oleg Tinkov, a renowned Russian entrepreneur with a long track record of creating successful businesses, Tinkoff Bank has grown into a leader in the Russian credit card market as well as being at the forefront of innovation in delivery of online consumer financial services. The low-cost, innovation driven business model is flexible with a proven ability to rapidly grow and contract given the cyclicality of the Russian marketplace. Tinkoff Bank’s senior management consists of a team of experienced professionals formerly employed by Visa, McKinsey and several top Russian banks, widely regarded to be the foremost management team in the Russian financial services space.

Vostok New Ventures first invested in TCS in 2008 and exited TCS by selling most of its shares in connection with the 2013 IPO in London and the remaining stake by spinning off a new fintech-focused investment vehicle, Vostok Emerging Finance, in 2015.

www.vostokemergingfinance.com

Website: www.tinkoff.ru/eng