Russia: ranking of neobanks by market value 2018

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As of December 2018, the largest neobank in Russia was Tinkoff Bank, whose market value was estimated at over 245 billion Russian rubles by that date. Yandex.Money and Modulbank made it in the top three.

Value* of major Russian neobanks as of December 2018** (in billion Russian rubles)

Characteristic	Value in billion Russian rubles
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Release date

May 2020

More information

Region

Russia

Survey time period

As of December 2018**

Supplementary notes

* The source clarifies, "Bloomhain Research is not responsible for any adverse consequences, including losses incurred as a result of using the information contained in this review, or as a result of investment decisions made based on this information. For more information, see the research methodology."

** Modulbank, Talkbank and Bank 131 estimates were done at a prior date.

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