MTS Bank Partners with Tutu to Embed Fintech Solutions in Travel Platform
MTS Bank PJSC signed an agreement with the Tutu travel service to implement fintech solutions on the platform, announced at the St. Petersburg International Economic Forum on Jun 04, 2026. The partnership covers the joint development of digital and financial services built on Tutu's resources.
Specific deliverables include a buy-now-pay-later service and POS lending. MTS Bank is a digital commercial bank controlled by Mobile TeleSystems through its subsidiary Mobile TeleSystems B.V. Financial terms of the agreement were not disclosed.
The bank reported net profit under IFRS of RUB 14.4 billion in 2025, up 16.7% from the prior year.
- Demonstrates embedded finance adoption in travel verticals beyond Western markets
- Signals MTS Bank's strategy to expand distribution through non-bank digital platforms
- OfficialAKM.ru — MTS Bank Tutu Agreement