/payments
SBI Holdings, Inc. (Head office: Minato-ku, Tokyo; Representative Director, President & CEO: Yoshitaka Kitao; hereinafter “SBI Holdings”) hereby announces that its Singapore subsidiary SBI Ven Holdings Pte. Ltd. (Head office: Singapore) has concluded a basic agreement on investment in QIWI Platform LLC (Head office: INNOPOLIS Special Economic Zone, the Republic of Tatarstan, Russia; CEO: Maxim Avdeev; hereinafter “QPlatform”), a Russian fintech platform operator and a subsidiary of QIWI PLC (Head office: Cyprus; CEO: Boris Kim; hereinafter “QIWI”), Russia’s largest provider of payment services.