T-Bank

What T-Bank does

T-Bank (legal name: Т-Банк; formerly Tinkoff Bank) is a Moscow-headquartered Russian digital banking institution that delivers consumer and SME financial services through mobile and online channels. Core product offerings include accounts, cards, loans, deposits, investments, payments, and insurance, accessed primarily through the T-Bank Online mobile application. The company employs 16,579 people as of December 2025, ranking third by headcount among its peer set, with workforce concentrated in Russia (83.6%) and additional presence in Belarus, Kazakhstan, and the United States.

Business model is multi-stream: recurring revenue from digital banking subscriptions and fees, marketplace commissions from integrated e-commerce assets (notably the Auto.ru automotive marketplace acquired from Yandex for $417 million in March 2026), and transaction fees from digital asset custody services being prepared under Russia's emerging cryptocurrency framework (expected to take effect September 2026). T-Bank is positioning alongside Sberbank, VTB, and Alfa-Bank to obtain a digital asset custody license, building digital depository and crypto wallet infrastructure targeting both institutional and retail clients. Crypto trading is being tested through the Alfa-Investments brokerage app, listed as a T-Bank sub-brand.

Beyond core banking, T-Bank pursues banking-e-commerce synergy via strategic acquisitions (Auto.ru) and minority ecosystem investments (e.g., an 8.9% stake in KeyGo, a Russian proptech startup). Operating primarily in Russia, T-Bank faces ongoing regulatory pressure, including an FSB mandate to install SORM surveillance equipment by 2027 covering customer communications across messaging, voice, and video. The legal entity is Russian-domiciled, independently operated (no parent company disclosed), with active operating status as of December 2025.

Name

T-Bank

Legal name

Т-Банк

Website

https://tbank.ru

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

T-Bank is a Moscow-headquartered Russian digital bank offering accounts, cards, loans, deposits, investments, payments, and insurance via its mobile app to retail and SME customers across Russia. It is also preparing licensed cryptocurrency custody services and operates the acquired Auto.ru automotive marketplace.

Ownership category

akta.pro rank

Product category

Digital Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Digital Retail Banking (Online & Mobile) (FSABAAAF)

akta.pro secondary industries

Digital Wallets & Account Aggregation Hub (Multi-account, Stored Value) (FSAGAAAD), Tokenized Bank Deposit & Commercial Bank Money Issuers (FSADADAB), Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

Keywords

• Digital banking services
• Mobile banking platform
• Consumer lending products
• Investment brokerage services
• Cryptocurrency custody

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Digital Banking Services: T-Bank operates as a digital commerce services company offering banking products including accounts, cards, loans, and investment services through digital channels.
2. E-commerce Platform Services: Through acquisitions like Auto.ru, T-Bank generates revenue from automotive marketplace services integrated with banking financing products.
3. Digital Asset Custody Services: T-Bank is preparing to offer cryptocurrency custody and trading services under Russia's emerging regulatory framework for digital assets, pending licensing approval.

Go-to-market motion3 records

Distribution channels3 records

Core offering

T-Bank provides retail and SME banking through a mobile-first digital platform: accounts, cards, loans, deposits, payments, insurance, and investment services. The company is preparing cryptocurrency custody and trading services via digital depositories under Russia's emerging crypto framework, and is integrating banking with the Auto.ru automotive marketplace to deliver financing alongside vehicle purchase journeys.

Differentiator

Problem solved

Functional benefit

Brands

• Alfa-Investments: Brokerage app through which crypto trading is being tested

Products and services

• T-Bank Online T-Bank's flagship mobile banking platform providing retail customers with digital accounts, payment cards, deposits, loans, payments, insurance, and SME banking tools.
• T-Bank Investments (Alfa-Investments) Brokerage and investment app through which customers can trade securities and where crypto trading is being tested ahead of Russia's emerging crypto framework.
• Crypto Wallet and Digital Asset Custody Custody and trading services for digital assets, expected to be offered under Russia's new cryptocurrency regulatory framework for retail and institutional clients.
• Auto.ru One of Russia's oldest and most established online automotive marketplaces, being integrated with T-Bank's financing services.

Quantifiable outcome

• 150% year-over-year growth in Chinese e-commerce companies in Russia (per T-Bank study)

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core and flagship.

• SberbankcoreTechnology or Integration · 9 July 2026Major Russian financial institutions including Sberbank, T-Bank, and VTB are competing to obtain digital asset custody licenses under Russia's new cryptocurrency regulatory framework. All three are preparing crypto services and digital depositories, representing a broader shift among Russian banks toward bank-intermediated digital asset services.
• YandexflagshipStrategic or Co-development Partner · 18 March 2026Yandex, Russia-based IT giant, has agreed to sell its automotive vertical Auto.ru to T-Bank for RUB35 billion ($417 million). The deal represents a RUB10 billion premium over Auto.ru's estimated market valuation. The transaction is scheduled for completion pending regulatory approvals. This acquisition could boost Auto.ru's integration with financing services and potentially launch a new era for the business by leveraging banking-e-commerce synergies.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Nubank: Large-scale digital-first retail bank that scaled mobile banking in a single emerging market—comparable to T-Bank's playbook in Russia, with similar low-cost operating model.
• Monzo: Mobile-first challenger bank providing digital accounts, cards, lending, and savings—structurally similar to T-Bank's digital retail banking stack without legacy branch infrastructure.
• Alfa-Bank: Top Russian private bank that, like T-Bank, is preparing crypto custody and trading services under Russia's emerging digital asset framework, serving similar retail and institutional clients.
• Revolut: Global digital retail bank with mobile-first architecture, crypto trading, and investment products—comparable to T-Bank's digital banking, cards, investments, and emerging crypto custody offering.
• Kaspi.kz: Kazakhstan super-app combining digital banking, payments, and marketplace services; the closest analog to T-Bank's banking-e-commerce integration strategy in a CIS market where T-Bank already has workforce presence.
• Wise: Digital-first financial services platform offering multi-currency accounts, cards, and transfers—comparable to T-Bank's payments and cross-border remittance functionality within its mobile app.

Broad incumbents

• Sberbank: Russia's largest state-owned bank, also preparing digital asset custody and crypto wallets under the new Russian regulatory framework; competes head-to-head with T-Bank across retail, SME, and now crypto custody services.
• VTB Bank: Major Russian state-owned bank competing alongside T-Bank for digital asset custody licenses, with comparable ambitions across retail banking and emerging crypto services.

Others

• Yandex: Russian technology platform and counterparty in T-Bank's $417M Auto.ru acquisition; a strategic ecosystem partner shaping T-Bank's expansion into integrated commerce-finance offerings.

Emerging players

• OZON: Major Russian e-commerce marketplace where Chinese entrepreneurs are rapidly expanding; serves the same SMB customer cohort T-Bank targets for marketplace-banking synergies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/tbank_ru

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about T-Bank