Tinkoff Group to continue developing open ecosystem, open to new partners

MOSCOW. Dec 14 (Interfax) - Tinkoff Group plans to continue to develop its ecosystem with partnerships, Tinkoff Bank CEO Stanislav Bliznyuk said.

"We will continue to specifically develop the principles of open ecosystems. I invite all partnerships, offer us your products, we'll discuss our integration," Bliznyuk said at a Fintech forum organized by Vedomosti.

He said all parties win from partnerships in open ecosystems. "We, as Tinkoff, are inclined to develop an open ecosystem, because in this situation we can arrive at a win-win," Bliznyuk said.

"As regards nonfinancial services, it's better for us to take on some partner," he added.

He said there is nothing bad about closed ecosystems, but only when the market is fragmented. "When a closed ecosystem is 70-80% of the market, then of course it seems to me that this leads to some degradation of services within the ecosystem," Bliznyuk said.