Tinkoff Group Holding (TCS) is an innovative provider of online retail financial services operating in Russia through a high-tech branchless platform. Since its launch in 2007 by Oleg Tinkov, a renowned Russian entrepreneur with a long track record of creating successful businesses, Tinkoff Bank has grown into a leader in the Russian credit card market as well as being at the forefront of innovation in delivery of online consumer financial services. The low-cost, innovation driven business model is flexible with a proven ability to rapidly grow and contract given the cyclicality of the Russian marketplace. Tinkoff Bank’s senior management consists of a team of experienced professionals formerly employed by Visa, McKinsey and several top Russian banks, widely regarded to be the foremost management team in the Russian financial services space.