Qiwi Plc Sponsored ADR Class B

QIWI Plc is a holding company, which engages in the provision of payment and financial services. It operates through the following segments: Payment Services, Consumer Financial Services, Rocketbank, and Corporate and Other. The Payment Services segment provides virtual distribution services through the QIWI Wallet and other QIWI applications. The Consumer Financial Services segment encompasses financial services rendered to individuals, currently presented by Sovest installment card project. The Rocketbank segment consists of digital banking services, including debit cards and deposits to retail customers. The Corporate and Other segment represents expenses related to corporate operations of QIWI Group. The company was founded on February 26, 2007 and is headquartered in Nicosia, Cyprus.