Russian e-commerce company Ozon says it will apply for a banking license to expand its fintech services, and plans to offer loans to merchants (Max Seddon/Financial Times)

Max Seddon / Financial Times:
Russian e-commerce company Ozon says it will apply for a banking license to expand its fintech services, and plans to offer loans to merchants  —  Ozon boss takes another leaf out of tech giant's playbook as he fends off emerging rivals  —  Ozon, Russia's second-largest ecommerce player …

from Techmeme https://ift.tt/2PVByDZ