Company Description
Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan.
It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.
This segment offers shopping transactions, regular household bills, and peer to peer payments for consumers; accepts payment online and in store, issue and settle invoices, pay suppliers and monitor merchant turnover.
It also provides proprietary data facilities informed decision making across multiple areas of business.
Its Marketplace Platform segment connects online, and offline merchants and consumers enabling merchants to enhance its sales through an omni channel strategy and enable consumers to buy products and services from various merchants.
This segment also operates marketplace through m-commerce, a mobile solution for shopping in person which consumers can use e-commerce to shop anywhere, anytime with free delivery; Kaspi Travel allows consumers to book domestic and international flights and package holidays, domestic rail tickets.
It also enhances merchants sales by connecting payments and fintech products, Kapsi advertising, and other delivery services.
The Fintech Platform segment provides consumers with BNPL, finance, and savings products and merchants with merchant finance services through super apps and Kapsi.kz Super app.
It also involved in the banking; distressed asset management; real estate business; payment processing; online travel; and storage and processing of information services.
The company was incorporated in 2008 and is headquartered in Almaty, the Republic of Kazakhstan.
| Country | Kazakhstan |
| Founded | 2008 |
| IPO Date | Jan 19, 2024 |
| Industry | Software - Infrastructure |
| Sector | Technology |
| Employees | 8,772 |
| CEO | Mikheil N. Lomtadze |
Contact Details
Address: 154a Nauryzbai Batyr Street Almaty, 1P 050013 Kazakhstan | |
| Phone | 7 727 3306710 |
| Website | ir.kaspi.kz |
Stock Details
| Ticker Symbol | KSPI |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $92.00 |
| CIK Code | 0001985487 |
| SIC Code | 7389 |
Key Executives
| Name | Position |
|---|---|
| Mikheil N. Lomtadze | Co-Founder, Executive Director, Chairman of the Management Board and Chief Executive Officer |
| Tengiz Mosidze | Deputy Chairman of the Management Board and Chief Financial Officer |
| Yuri Didenko | Deputy Chairman of the Management Board |
| Pavel Mironov | Chief Operating Officer and Deputy Chairman of the Management Board |
| Nailya A. Ualibekova | Chief Accountant |
| David Ferguson | Head of Investor Relations |
| Sabyrzhan Berkinbaev | Head of Local Legal |
| Arseniy Kochetkov | Head of Kaspi Marketing Services |
| Oleg Bakhmutov | Head of People |
| Mamuka Kirvalidze | Head of Azerbaijan Business |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 30, 2024 | 6-K | Report of foreign issuer |
| Apr 29, 2024 | 20-F | Annual and transition report of foreign private issuers |
| Apr 22, 2024 | 6-K | Report of foreign issuer |
| Apr 9, 2024 | 6-K | Report of foreign issuer |
| Mar 25, 2024 | 6-K | Report of foreign issuer |
| Feb 29, 2024 | 6-K | Report of foreign issuer |
| Feb 26, 2024 | 6-K | Report of foreign issuer |
| Jan 19, 2024 | 424B4 | Prospectus |
| Jan 19, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| Jan 18, 2024 | EFFECT | Notice of Effectiveness |