UK-based fintech startup Revolut partners with QIWI to offer services in Russia

Russian payment services provider QIWI is partnering with UK-based fintech company Revolut and announced the launch of Revolut services in Russia. Under the partnership, QIWI granted Revolut access to its banking infrastructure via open APIs. Revolut services will run on the payment infrastructure of QIWI Bank and will be available to individuals in Russia. The launch phase will involve basic product offering including a mobile application and a multi-currency VISA card that allows making payments, money and FX transfers in 130 currencies, as well as cash withdrawals from ATMs around the world. This product is free of charge for users.

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