Two New Kazakh Billionaires Minted In London’s Largest International Tech IPO Of 2020

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The founders of Kaspi, Kazakhstan’s largest payments and fintech company, are new billionaires, according to Forbes, following a successful London IPO.

Nik Storonsky

For payments in Kazakhstan Kaspi is now eating into Visa and Mastercard’s market share. In June this year Kaspi.kz processed transactions accounted for 66% of total processed payment volumes in Kazakhstan according to their posted results online.

 

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