Tagged: sberbank

Sberbank Is Investing RUB 27 Million in Six Startups Though In-House Accelerator

Russian banking firm Sberbank announced on Thursday it is set to invest RUB 27 million in six start-ups, created by employees through its in-house accelerator program, Sber#Up. According to Sberbank, Sber#Up in-house accelerator is a program that offers all the banking group’s employees support to create their… Read More

Sberbank Announces Data Research & AI Competition Classic AI

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

Sberbank Teams Up With Tinkoff Bank To Launch P2P Payments Service

Russian banking group Sberbank announced on Friday it has teamed up with Tinkoff Bank to launch joint peer-to-peer (p2p) payment transfer service that uses mobile phone numbers. According to Sberbank, the new service allows bank card users to transfer money from card to card immediately by using their… Read More

Russian Banking Firm Sberbank Implements Payments Through Google Pay

Russian banking firm Sberbank announced on Thursday that it and Google have provided online shops and their clients a new tool for paying for online purchases – Google Pay. Sberbank claims it is the first bank in Russia to support online payment of goods and services… Read More

Sberbank Offers More Than RUB 535 Billion in Loans to Russian SMEs Since Start of 2018

Sberbank announced on Thursday it has extended more than ₽535 billion in loans to SMEs since the start of 2018. The bank reported that over the first four months of 2018, lending to SMEs increased by 74.4% vs. the same period in 2017. “Sberbank has… Read More

Russia’s Sberbank & HSE Business Incubator to Review 600 Startup Ideas For Corporate Business Accelerator Program

Russia-based Sberbank and the Higher School of Economics’ (HSE) business incubator announced on Monday they are beginning to review ideas for startups that were submitted to the corporate business accelerator. The duo reported that around 600 projects were submitted during the first stage, which notably… Read More

Sberbank and SWIFT to Cooperate on Fintech, Including Blockchain

Sberbank and SWIFT have signed a memorandum of cooperation to develop and market Fintech products created and promoted by SWIFT. Sberbank is Russia’s largest bank and holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy… Read More

Sberbank, Russia’s Largest Bank, Announces Payment Solution

Sberbank and Telegram have announced the development of a new payment solution for partners using Telegram bots. The solution is described as allowing the acceptance of MasterCard, Visa and MIR card payments. The development also marks the first time Apple Pay and Android Pay can… Read More

Russia’s Largest Bank, Sberbank, Adds Apple Pay for Russian Market

Sberbank is Russia’s largest bank with over 135 million customers. Sberbank holds almost one-third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder… Read More

Sberbank, Largest Bank in Russia, Invests in Uber

Bank’s are not known for taking on risk – they are known for avoiding it as much as possible. This is not the case with Sberbank, the largest bank in Russia, and their venture fund as they see opportunity in the digital future. Sberbank’s SBT… Read More