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Real estate tycoon invests $3.9 million in Russian contactless payment startup

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Russian businessman Sergey Kozlovsky has invested 300 million rubles (approximately $3.9 million at the current exchange rate) in PayQR, a Russian startup developing contactless payment solutions. The news was reported earlier today by Russian business daily Vedomosti, which cited PayQR’s founder Vyavcheslav Semenchuk. The details of the transaction were not disclosed. A mobile, QR code-based solution, PayQR claims to be […]

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