FinTech is a buzzword in developing and developed economies, as seamless technology and banking services are increasingly embedding into the ecosystem. Think of FinTech and the countries that come to mind are the US, UK, Switzerland, and Sweden. We rarely think of Kazakhstan, a landlocked country in Central Asia, when discussing FinTech developments.
Kaspi Bank, an Almaty-based intrepid service provider, is now making waves in the FinTech space following its overwhelming IPO success in 2020. The bank, which offers financial and banking solutions and retail and commercial banking services, was listed on the London Stock Exchange and brought in over $1 billion at its listing. As per reports, Kaspi Bank’s IPO was the second-la …