How QIWI became a $3 billion business, dropped in price four times and now makes money on millennials and neobanking
Boris Kim ended up in finance by accident: a biochemist with his first education became a banker because he knew English, and his friends, in conditions of galloping inflation, really needed money to develop their business. In the 2010s, QIWI, the company he founded, was already worth close to $3 billion. Looking back, Kim says the most important step he took was in the mid-2000s, after a conversation with Yuri Milner, now the top Russian investor in Silicon Valley.