MTS Fintech

History

2025

Appointment as CEO of Timur Kozintsev

October 15, 2025 Timur Kozintsev was appointed general director of the company MTS Fintech"." In this position, he will be responsible for the strategic development of all fintech businesses, MTS entering new markets, developing and scaling innovative fintech products, as well as increasing synergy between the group's financial and non-financial services, MTS said TAdviser. More here

Transfer to the new company "MTS Ecosystem"

The MTS telecommunications group has completed the transfer of fintech assets and kicksharing areas to the structure of a subsidiary of MTS Ecosystem LLC with a total assessment of the transferred businesses of ₽130 billion. The Company contributed shares in MTS Fintech LLC and ЮрентБайк.ру LLC to the authorized capital of the ecosystem structure as part of the ongoing corporate transformation. The deal was completed in early July 2025. Read more here

Creating a Company

MTS created MTS Fintech on the basis of its subsidiary Telecom Projects for the development of financial technologies. The changes were registered in the Unified State Register of Legal Entities (Unified State Register of Legal Entities) in March 2025 as part of the company's corporate transformation.

From March 3, 2025, the newly formed company was headed by Ilya Filatov, who also heads MTS Bank. In December 2024, he was appointed first vice president of financial services and curator of the group's fintech division.

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Фото: Freepik

According to the press service of MTS, the name change is part of a large-scale transformation of the corporate structure, which the company announced in December 2024. Telecom Projects, renamed MTS Fintech, was registered in 2011 and is 99% owned by MTS.

At the moment, the largest asset of MTS Fintech is a 60% stake in the microfinance organization E-Finance, created in 2024. According to the transformation plans, the corporate structure of MTS will be reorganized as follows: MTS will become a holding company that will accumulate telecommunications and retail business, and will also become the owner of a new legal entity - MTS Ecosystem.

Within the framework of the new structure, subsidiaries will be created specializing in various areas of the group's activities: financial technologies, information technology, media and other areas. This will allow the company to more effectively manage heterogeneous assets and develop each direction in accordance with its specifics.

Ilya Filatov, who has been working at MTS-Bank since 2014 and has been chairman of the board of directors since December 2024, will continue to lead the fintech direction of the MTS group. Under his management, such structures as MTS-Bank, the management company Sistema Capital and the Factorin company specializing in factoring operations will be merged.^[1]

Notes