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 / Monetary Instances:

Russian e-commerce firm Ozon says it’ll apply for a banking license to broaden its fintech providers, and plans to supply loans to retailers  —  Ozon boss takes one other leaf out of tech large’s playbook as he fends off rising rivals  —  Ozon, Russia’s second-largest ecommerce participant …

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