Public joint stock company ROSBANK (MISX:ROSB) has become one of the bidders for fintech company JSC Tochka ahead of its auction on July 10, Kommersant daily reported citing unnamed financial market sources. Reportedly, Qiwi e-payment system and Sovcombank have dropped out of the race to buy the asset. But despite the lower number of bidders, Kommersant sources expect the starting price to increase 1.3-1.5 times, up to RUB 30 billion to RUB 35 billion ($390 million).

The remaining bidders, reportedly along with Potanin's Rosbank, are Joint Stock Company Alfa-Bank and Vladislav Filev (previously he joined the board of directors of Tochka's minority shareholder Catalytic People). Previous reports suggested that Tinkoff Bank, Uralsib Bank and Yandex internet major were also bidding for Tochka.