Moscow Outfit's Goldman Link

Tinkoff Credit Systems is partially owned by Goldman Sachs Group Inc., the Moscow credit card issuer's chairman, Oleg Tinkoff, revealed Monday at an investment conference in London.

Founded last year, Tinkoff Credit has 120,000 active credit card accounts and aims to increase that number to 300,000 by the end of the year, Mr. Tinkoff said.

He added that he may sell another stake to an investor "when the first lucrative offer comes."

He did not disclose the size of Goldman's stake.

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