US EditionTencent Invests in Kaspi.kz Alongside Co-Founder & CEO Mikheil Lomtadze and Long-Term U.S. Institutional
The investors bought 6.0 million American Depositary Shares from Baring Fintech Venture Funds, reflecting support for Kaspi.kz’s super app strategy.
- On Monday, Kaspi.kz announced that Tencent, Kaspi.kz Co-Founder and CEO Mikheil Lomtadze, and other investors completed the purchase of 6 million American Depositary Shares from Baring Fintech Venture Funds.
- Lomtadze welcomed Tencent as a major shareholder, stating the investment reflects confidence in Kaspi's 'super app ecosystem business model' and long-term growth strategy.
- Additional institutional investors, including Spice Expeditions and university endowments from Washington University, WISIMCO, and the Wisconsin Foundation, also acquired stakes; Morgan Stanley advised the Funds on the transaction.
- Kaspi operates a unique two-sided platform serving more than 25 million consumers and 900 thousand merchants, driving engagement with 77 monthly transactions per active user.
- Building on its market leadership in Kazakhstan, the company expands internationally, holding an 86% stake in Hepsiburada, one of the country's leading e-commerce platforms.
11 Articles
11 Articles
Tencent Invests in Kaspi.kz with Mikheil Lomtadze and U.S. Investors
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kaspi.kz (Nasdaq: KSPI) announced that Tencent, Kaspi.kz Co-Founder and CEO Mikheil Lomtadze, key members of the senior management team, and long-term institutional investors have completed the purchase of 6.0 million American Depositary Shares (ADSs) from Baring Fintech Venture Funds (the “Funds”), reported Kaspi on April 20. “Tencent pioneered the su…
The Toronto Star
Tencent Invests in Kaspi.kz Alongside Co-Founder & CEO Mikheil Lomtadze and Long-Term U.S. Institutional Investors
ALMATY, Kazakhstan, April 20, 2026 (GLOBE NEWSWIRE) -- Kaspi.kz (Nasdaq: KSPI) today announced that Tencent, Kaspi.kz Co-Founder and CEO Mikheil Lomtadze, key members of the senior management team, and long-term
Tencent Invests in Kaspi.kz Alongside Co-Founder & CEO Mikheil Lomtadze and Long-Term U.S. Institutional
ALMATY, Kazakhstan, April 20, 2026 (GLOBE NEWSWIRE) -- Kaspi.kz (NASDAQ:KSPI) today announced that Tencent, Kaspi.kz Co-Founder and CEO Mikheil Lomtadze, key members of the senior management team, and long-term institutional investors have completed the purchase of 6.0 million American Depositary Shares (ADSs) from Baring Fintech Venture Funds (the "Funds"). Mikheil Lomtadze, CEO and Co-Founder of Kaspi.kz, commented: "Tencent pioneered the supe…
ჩინური Tencent-ი Kaspi.kz-ის აქციონერთა რიგებს შეუერთდა
ფოტო: Fintech Leaders ჩინურმა ტექნოლოგიურმა გიგანტმა, Tencent-მა, ყაზახურ ფინტექ-კომპანია Kaspi.kz-ში ინვესტიცია განახორციელა. ამ უკანასკნელის მიერ დღეს გავრცელებული განცხადების თანახმად, Tencent-მა, ყაზახური კომპანიის თანადამფუძნებელმა და აღმასრულებელმა დირექტორმა მიხეილ ლომთაძემ, მენეჯმენტის გუნდმა და გრძელვადიანმა ინსტიტუციურმა ინვესტორებმა დაახლოებით 6 მილიონი ამერიკული დეპოზიტარული აქცია შეიძინეს. აღნიშნული აქციები შეძენილია საინვესტიციო…
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