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QIWI plc (QIWI)

NasdaqGS - NasdaqGS Delayed price. Currency in USD
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5.670.00 (0.00%)
At close: 04:00PM EDT
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  • Reuters

    Qiwi Bank says no signs of bankruptcy amid Russian licence revocation

    Nasdaq-listed Qiwi, a Russian analogue to PayPal, had 29 million users at the end of 2022 and 13.8 million active wallets. The Russian central bank, which has taken regulatory action against Qiwi five times in the last year, said Qiwi Bank had engaged in high-risk operations. "To our knowledge, QIWI Bank had no signs of bankruptcy," Qiwi said in a statement.

  • Reuters

    Russian payment providers knocked offline after Qiwi Bank licence revoked

    MOSCOW (Reuters) -Payment services used by Russians to transfer money overseas were knocked offline on Wednesday after the central bank revoked digital bank Qiwi's licence, sending its Moscow-listed shares plummeting almost 50% to a record low. The central bank, which has taken regulatory action against Qiwi five times in the last year, said Qiwi Bank had engaged in high-risk operations, systematically violating requirements on anti-money laundering and terrorism financing legislation. Nasdaq-listed Qiwi, on of Russia's largest payment services provider, said it was aware of the revocation and that temporary administrators were currently working at the bank.

  • Reuters

    UPDATE 3-Russian payment providers knocked offline after Qiwi Bank licence revoked

    Payment services used by Russians to transfer money overseas were knocked offline on Wednesday after the central bank revoked digital bank Qiwi's licence, sending its Moscow-listed shares plummeting almost 50% to a record low. The central bank, which has taken regulatory action against Qiwi five times in the last year, said Qiwi Bank had engaged in high-risk operations, systematically violating requirements on anti-money laundering and terrorism financing legislation. Nasdaq-listed Qiwi, on of Russia's largest payment services provider, said it was aware of the revocation and that temporary administrators were currently working at the bank.