Russian payment service provider QIWI files for a $100 million IPO


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QIWI, a leading provider of payment services in Russia, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The Nicosia, Cyprus-based company, which was founded in 2004 and booked $293 million in sales for the 12 months ended December 31, 2012, plans to list on the NASDAQ under the symbol QIWI. QIWI initially filed confidentially on 11/5/2012. J.P. Morgan and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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