M&A Deal Summary

QIWI Acquires Plati Potom

On October 6, 2016, QIWI acquired information technology company Plati Potom

Acquisition Highlights
  • This is QIWI’s 1st transaction in the Information Technology sector.
  • This is QIWI’s 4th transaction in Russia.

M&A Deal Summary

Date 2016-10-06
Target Plati Potom
Sector Information Technology
Buyer(s) QIWI
Deal Type Add-on Acquisition

Target

Plati Potom

Moscow, Russia
Plati Potom develops innovative post payment solutions for e-commerce and offline retailers as well as cutting-edge data analysis and credit risk management tools. Core focus areas of Plati Potom include research and implementation of various technologies like data science in the fields of payments, e-commerce and credit risk management.

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Buyer(S) 1

Buyer

QIWI

Nicosia, Cyprus

Category Company
Founded 2007
Sector Internet Software and Services
Employees2,865
Revenue 40.6B RUB (2020)
DESCRIPTION

QIWI is a provider of next generation payment services in Russia and the CIS. It has an integrated proprietary network that enables payment services across physical, online and mobile channels. Qiwi was founded in 2007 and is based in Nicosia, Cyprus.


DEAL STATS #
Overall 5 of 7
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Russia M&A 4 of 5
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-14 CONTACT

Russia

CONTACT operates a payment system. CONTACT system laid the foundations of the Russian market of remittances and is currently one of its leaders in Russia and CIS countries. CONTACT pool of partners consists of more than 900 financial institutions in Russia and abroad, which form an extensive network of service points - 400 000+ POS, including payment terminals, in more than 170 countries. CONTACT system also processes payments to the more than 1,500 legal entities - commercial banks, trading companies, insurance and travel companies and their agents, Internet service providers, telecom operators, etc.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-22 Flocktory

Madrid, Spain

Flocktory Ltd. is a SaaS platform for customer lifecycle management and personalization to be used in digital marketing. Flocktory Ltd. was established in 2012 and is headquartered in Madrid, Spain.

Buy -