Yandex Will Develop Financial Product(s)

igran Khudaverdyan (Deputy Chief Executive Officer), in an interview with RBC, spoke about the company’s plans after the company parted ways with Sberbank, and then failed in a buyout deal with Tinkoff.

Accorrding to Tigran, Yandex still plans to release its financial product and the company will definitely need a banking license for it.

There is a possibility it may be funcational within a year, and be wholly digital with no physical presence.

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Dan Taylor is an award-winning SEO consultant and digital marketing strategist based in the United Kingdom. He currently serves as the Head of Technical SEO at SALT.agency, a UK-based technical SEO specialist firm.