Joint Stock Company Kaspi.kz
KAKZF
Other OTC97.10
USD
+4.60
- -
ISIN
US48581R2058
Return %
Stock
S&P500
1Y
23.69
23.08
3Y
53.15
67.59
5Y
79.48
74.74
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Mikheil N. Lomtadze
- Full Time Employees
- 7,700
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 154A, Nauryzbai Batyr street Almaty Kazakhstan 050013
- IPO Date
- Dec 17, 2020
- Website
- ir.kaspi.kz
- Similar Companies
- Business
- Joint Stock Company Kaspi.kz operates an integrated super app ecosystem offering payments, marketplace, and fintech solutions to consumers and merchants primarily in Kazakhstan. The company provides Payments Platform services including digital payments, money transfers, bill payments, and Kaspi Pay QR; Marketplace Platform offerings such as e-commerce, e-grocery, Kaspi Travel, Kaspi Restaurants, and advertising tools; and Fintech Platform products comprising consumer loans, deposits, personal finance management, and banking services through the Kaspi.kz Super App. Founded in 2008 and headquartered in Almaty, Kazakhstan, Kaspi.kz serves a customer base exceeding 13 million users, representing nearly 70% of Kazakhstan's population, with operations focused on the domestic market and recent expansion into Turkey. Kaspi.kz pursues international growth through strategic acquisitions, including a 66.35% stake in Turkish e-commerce firm Hepsiburada in January 2025 and a share purchase agreement signed in March 2025 to acquire Rabobank Group's Turkish subsidiary Rabobank A.Ş., pending regulatory approvals for closure by mid-2026. Domestically, the company expands e-Grocery to five cities, launches Kaspi Travel holidays within Kazakhstan, introduces new advertising tools boosting revenue 91% year-over-year in 1H 2025, and broadens Kaspi Pay QR via partnerships with local banks, AliPay+, and O!Bank in Kyrgyzstan. These initiatives drive segment growth, with Marketplace GMV up 36% year-over-year in 3Q and 9M 2025, alongside contributions from fintech lending and payments integration for overseas visitors.
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