Ozon Fintech

Main article: Ozon

Performance indicators

2025: Revenue growth doubled to RUB 195 billion

The revenue of the fintech segment Ozon at the end of 2025 more than doubled and reached 195 billion rubles. The profit of the pre-tax segment increased 2.3 times and amounted to 59.9 billion rubles. The share of Ozon Bank card transactions made outside the marketplace reached about 60% of the total card turnover by the end of the year. Such data are contained in the company's published IFRS statements, published in February 2026.

The company associates the growth with an increase in net interest and commission income against the background of effective control over operating expenses. The adjusted EBITDA indicator of the fintech direction doubled over the year, reaching 65.3 billion rubles. against 32.4 billion rubles. in 2024.

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Фото: corp.ozon.ru

The net interest margin of the direction decreased by 1.9 percentage points (pp), to 11.1%. Ozon explained this by an increase in the share of income from the placement of fintech segment funds in third-party financial institutions. Margin less provisions for losses decreased by 1.5 pp, amounting to 8.7%.

The client base of fintech services increased by 38%, reaching 41.7 million users. The volume of attracted funds of customers increased 2.6 times, to 505.8 billion rubles, of which 36 billion rubles. fell on term deposits. The company explains this growth by expanding the product line, including the launch of a savings account with a system of daily interest payments.

According to Ozon's statements, the risk value of the loan portfolio increased by 1.7 pp to 9.9% amid an increase in lending volumes. The level of coverage of non-performing loans with reserves as of December 31, 2025 was 1.3x.

Ozon's fintech business unites Ozon Bank and Ozon Credit, a microcredit company that provides services to retail and corporate customers.^[1][2]

2024: Fintech revenue growth by 191% to RUB 93.29 billion

At the end of 2024, the fintech direction Ozon recorded revenue of 93.29 billion rubles. This is 191% more than the previous year, when the company received 32.05 billion rubles. Such indicators are reflected in the accounting report published on February 27, 2025.

It is noted that the fintech direction demonstrates rapid growth due to an increase in the client base and the active development of credit and transaction products. In particular, the number of active fintech clients in 2024 rose by 63% and exceeded 30.3 million people (approximately 18.6 million in 2023).

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Фото: Freepik

Thanks to revenue growth, profit before tax in 2024 jumped 129%, amounting to 26.45 billion rubles against 11.53 billion rubles a year earlier. Adjusted EBITDA (profit before interest, taxes and depreciation) showed an annualized increase of 142% - from 13.4 billion rubles to 32.44 billion rubles.

The growth of the base of active customers and their loyalty to the fintech banking product helped Ozon attract 3.6 times more customer funds than a year earlier. As of December 31, 2024, the amount of customer funds in current accounts, deposits and deposits reached 193 billion rubles, compared with 53 billion rubles a year earlier. The volume of loans issued to fintech customers almost doubled over the year - from 46.7 billion rubles to 89.1 billion rubles.

The Ozon family of fintech products includes credit and factoring services, car leasing, insurance products, settlement and cash services, deposits and savings accounts, as well as Ozon Card, which is the most popular payment method on the marketplace. Moreover, the volume of operations on this card outside the Ozon site is growing dynamically: at the end of 2024, more than 40% of transactions fell on external operations.^[3]

Notes