May 19, 2013 9:43 AM ET

IT Services

Company Overview of Qiwi plc

Company Overview

QIWI plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, the United States, and the United Arab Emirates. The company operates in three segments: Qiwi Distribution, Visa Qiwi Wallet, and Corporate and Other. It provides payment services through operating approximately 120,000 kiosks and 49,000 terminals in its payment processing platform. The company also offers Visa Qiwi Wallet, an online and mobile payment processing, and money transfer system that allows accountholders to pay for the products and services of merchants, as well as to perform peer-to-peer money transfers through a virtual...

Detailed Description

Building 18A

Varshavskoe Highway 125

Moscow,  117587

Russia

1,013 Employees

Phone:

7 4957 83 59 59

www.qiwi.com

Key Executives for Qiwi plc

Qiwi plc does not have any Key Executives recorded.

Qiwi plc Key Developments

Qiwi plc(NasdaqGS:QIWI) added to NASDAQ Composite Index
May 6 13

Qiwi plc will be added to NASDAQ Composite Index.

Mail.ru To Sell Stake In Qiwi
Apr 26 13

Mail.ru Group (LSE:MAIL) intends to reduce its stake in Qiwi plc from 21.35% to 15.60% by selling about 3 million shares after Qiwi holds an initial public offering (IPO) on Nasdaq, Mail.ru's Managing Director, Matthew Hammond, said on April 25, 2013. RIA Novosti reported that Hammond added that the group has to see the results of the forthcoming IPO, before it decides on further stake cuts and under the terms of the offering, Mail.ru Group is prohibited from selling additional stakes in Qiwi within six months after the initial listing.

QIWI Reportedly Appointed Advisors For IPO
Dec 13 12

QIWI Ltd. has reportedly appointed Credit Suisse and JP Morgan as the organizers of its initial public offering (IPO). "The listing is scheduled for 2013 in New York, this stock exchange will be the most interesting for Qiwi," the source said. "They can raise over $300 million on this stock exchange,” one of the sources added. However, Alexandra Vysochkina, Spokesman of Qiwi, said, “We do not rule out a possibility to make our company publicly traded in the long term. But we do not have such plans today."

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