OREANDA-NEWS Kiwi Bank has filed a lawsuit against JSC Kiwi, the Hong Kong company Fusion Factor Fintech Limited and Qiwi plc, according to the file of the Moscow Arbitration Court.

The lawsuit was filed on March 4, the requirements and details have not yet been disclosed. The third party in the case is JSC Registry.

Kiwi Bank currently has a temporary administration, its functions are assigned to the Deposit Insurance Agency (DIA). Interfax sent a request to the DIA.

On February 21, the Central Bank of the Russian Federation revoked the license of Kiwi Bank for banking operations. The regulator made this decision in connection with the bank's violation of federal laws, including on combating money laundering and terrorist financing (AML/CFT), and regulations of the Central Bank. The regulator also revealed cases of Qiwi wallets being opened by the bank using the personal data of individuals without their knowledge and conducting transactions on them.

At the end of January 2024, the Qiwi Group sold the Russian assets consolidated under JSC "Kiwi" to the Hong Kong company Fusion Factor Fintech Limited, which belongs to the former chief executive officer of Qiwi plc Andrey Protopopov. The transaction price amounted to 23.75 billion rubles. Its outline includes Qiwi Bank, Qiwi wallet, Qiwi business, Contact money transfer system, Rowi, Realweb, Flocktory, Taxi Aggregator, IntellectMoney and a number of other assets.

According to the results of 2023, Kiwi Bank, with assets of 77.6 billion rubles, ranked 73rd in terms of assets in the Interfax-100 ranking prepared by Interfax-CEA.