Tinkoff Bank to serve as official partner of Finopolis 2018

Moscow, Russia — 26 July 2018.
For the second time, Tinkoff Bank will act as an official partner of Finopolis, the forum of innovative financial technologies to be held in Sochi from 17-19 October 2018.

Among the key themes of this year’s forum will be the transformation of the finance sector, cyber security, and the latest innovations in InsurTech. In the exhibition zone of the forum, market leaders and up-and-coming companies will present their achievements and plans in the field of fintech. The Finopolis 2018 programme will include the fourth fintech startup competition and the second Fintech Youth Day. Tinkoff Bank is a strong supporter of the next generation of fintech professionals and serves as a partner of the second Youth Day to be held on 17 October. Tinkoff Bank experts will lead master classes and share their personal experience in fintech.

Finopolis is one of Russia’s major platforms for discussing the use of modern digital technologies in the financial sector and for analysing trends and opportunities of their application. This year, the forum will once again gather over 1,500 participants from major Russian and international companies, as well as IT experts and government officials.

Oliver Hughes, CEO of Tinkoff Bank, commented: «As a technology-driven company, we put a great emphasis on active participation in such events as Finopolis. We are interested in developing financial market technologies and popularising this theme among the youth. As of today, Tinkoff stewards a great many educational projects in the fintech domain, and we actively cooperate with technical universities and invite talented graduates to join our team.»

About the Group

TCS Group Holding PLC is an innovative provider of online retail financial services operating in Russia through a  high-tech branchless platform. TCS Group includes Tinkoff Bank, mobile virtual operator network Tinkoff Mobile, Tinkoff Insurance, and Tinkoff Software DC, a network of development hubs across Russia.

The Group was founded in 2006 by the Russian entrepreneur Oleg Tinkov and has been listed on the London Stock Exchange since October 2013.

With no retail branches, the Group serves its customers remotely via online channels and its call centre, and operates a network of over 2,500 representatives to ensure smooth delivery of its products. The network covers all of Russia and allows next day delivery to most customers.

The Group’s key business is Tinkoff Bank, Russia’s first and only direct bank offering both own brand and partner retail financial services via its Tinkoff.ru platform. The product range includes daily banking (credit and debit cards, payments, money transfers), savings, investments, loyalty programmes, travel services, SME services, mortgage platform, and insurance. With its special focus on mobile business, the bank offers mobile applications both for its customer base (Mobile Bank) and beyond it (Traffic Fines, MoneyTalk, Card 2 Card instant money transfers).

As at 1 May 2018, the bank was the second largest player in the Russian credit card market, with a market share of 11.7%. The 1Q18 IFRS net income of TCS Group Holding PLC amounted to RUB 5.7 bn, ROE grew to 68.5%.

Banki.ru, Russia’s largest financial news portal, named Tinkoff Bank the Bank of the Year 2016. In October 2016 Tinkoff Bank was named the largest independent global direct bank by Frost & Sullivan. In 2015 and 2016, the Global Finance magazine named Tinkoff Bank as the Best Consumer Digital Bank in Russia. In 2016, the bank also won Global Finance’s Best Integrated Consumer Bank Site award and was named the Best Digital Bank in the CEE by Euromoney. The bank’s mobile application was recognised as the best in Russia by Markswebb Rank & Report for three consecutive years in 2014, 2015 and 2016, and by Deloitte for four consecutive years from 2013 to 2016.