Kaspi.kz

Kazakh super-app combining payments, marketplace and consumer finance

Overview

Kaspi.kz operates a mobile app through Payments, Marketplace and Fintech platforms; the payments platform handles cashless transactions between consumers and merchants and the marketplace connects merchants with shoppers.[2] Forbes records sales of US$8.3bn and profit of US$2.1bn, a profit-to-sales ratio of about 25%, among the highest in this list.[2] It is the only company in the list based in Central Asia.

Kaspi.kz strengths and limitations

Strengths

  • High profitability
  • Combines payments, commerce and lending in one app

Limitations

  • Concentrated in a single national market
  • Forbes lists no employee figure for the company

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Kaspi.kz peers and competitors

Companies ranked in the same lists as Kaspi.kz.

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