Revo Technologiya (Mokka)

Microfinance company Revo Technologies (LLC, Revo), founded in the Russian Federation in 2012. Revo is part of a group of fintech companies that specializes in the fast-growing Buy Now Pay Later segment (Buy Now, Pay Later) and operates under the Mokka brand in Russia, Poland, Romania and Bulgaria.

R&D Division

Sorsdata LLC is a R&D division of the Revo group (data as of June 2022). He is the administrator of the platform Mokka based on automation and, algorithms artificial intelligence as well as. About machine learning^[1]

History

2021

The service works with more than 7.5 million users (data for October 2021) in Russia and Eastern Europe and is represented in more than 7,500 stores of leading retailers.

2017: Investment from Baring Vostok

The funds of the Baring Vostok group, together with Vostok Emerging Finance (VEF), invested about $20 million in the Revo Technology and Sorsdat projects, which are developing a service that allows you to pay for goods and services in interest-free installments^[2].

Owners of "Revo Technology" and "Sorsdat"

In 2017, 100% of Revo Technology belonged to the Cypriot Suks Investments Limited, followed from the Kontur. Focus base.

For 2017, 100% of Sorsdat was owned by the Cypriot Muksu Holding Limited.

Revo is a microfinance organization that allows you to pay for goods and services in installments. The company operates in the consumer segment with a low average purchase cost and provides installments for three or six months. Partners provide Revo with a discount on goods, which funds an interest-free installment plan for the buyer. The service cooperates with Platypus, Detsky Mir, Kari and other stores.

"Sorsdata" is the "sister" company "Revo," which provides retail chains with services in the field of analytics and personalization of promotion and loyalty programs.

2015: Investment from Vostok Emerging Finance

Logo in 2014

In September 2015, VEF invested $2.5 million in Revo and Sorsdat, and in December of the same year, the same amount, eventually receiving 25% in each company.

2013

Sorsdata was established in 2013 by Timofey Shagun, who for 2017 heads the Revo Technology.

2012: Foundation of "Revo Technologiya"

Former senior partner of McKinsey & Co Irina Shvakman founded Revo Technology in 2012 with banker Georgy Chesakov, who in January 2016 took over as vice president for the development of new channels for attracting customers at Tinkoff Bank.

Notes