Ozon establishes legal entity to develop services in financial leasing with 70 mln rubles in equity capital

MOSCOW. June 18 (Interfax) - Ozon has established a legal entity, Ozon Leasing LLC, which is necessary to provide financial leasing services.

According to data in the SPARK-Interfax analytical system, Ozon Capital LLC, owned by Ozon Holding LLC, established the legal entity on June 14 with equity capital of 70 million rubles.

Ozon Fintech at the start of the month announced the launch of premium banking for individuals, as well as insurance, leasing products, and acquiring for businesses.

The Ozon fintech division particularly intends to launch leasing services for both clients and partners of the marketplace, and for the external market, and the company could reportedly create a separate legal entity for this purpose. Although the exact launch dates for the products have not yet been disclosed, they could reportedly appear in 2024.

Ozon Fintech develops financial and payment services for consumers and entrepreneurs based on Ozon Bank and MCC Ozon Credit.