Tencent buys 6 million Kaspi.kz ADSs in stake purchase from Baring funds

PUBT·04/20/2026 06:10:17

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Tencent, Kaspi.kz CEO Mikheil Lomtadze, senior management, and long-term institutional investors completed purchase of 6,000,000 Kaspi.kz ADSs from Baring Fintech Venture Funds.
Spice Expeditions, Washington University endowment, and WISIMCO / University of Wisconsin Foundation joined transaction as long-term shareholders.
Lomtadze said stake purchase reflects management confidence in Kaspi.kz super app strategy.
Kaspi.kz said transaction comes as it builds on market leadership in Kazakhstan, with expansion into Türkiye.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kaspi.kz AO published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604200210OMX_____CNEWS_EN_GNW9692843_en) on April 20, 2026, and is solely responsible for the information contained therein.

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