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Payment JV

Company

Owners

+ MF technology (ITF)
+ Milner Yuri Borisovich (Benitsionovich)
+ Dmitry Grishin

2019

Mail.ru Group, the Chinese payment system Alipay, USM holding, the Russian Direct Investment Fund (RDIF) and MegaFon mobile operator intend to create joint venture for implementation of electronic payments. About in October, 2019 the company Mail.ru reported.

The joint venture will receive the name Payment JV and will represent service of e-wallets. Using the e-wallet of the party expect to increase availability of financial services across all territory of Russia. Mail.ru Group will transfer assets of "Деньги.Mail.ru" and VK Pay in the joint venture, having received the biggest share block — 40%.

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