We see QIWI facing revenue growth deceleration in 2020.
This is not the best timing for the dividend, as M&A should take precedence.
There is a lot of uncertainty around the sale of Rocketbank and what this means for the business as a whole.
About the Company
QIWI (NASDAQ:QIWI) is a provider of payment services in Russia and former Soviet Republics, focusing on physical, online and mobile channels. The company deploys virtual wallets via kiosks and terminals,