Kaspi.kz Achieves BBB- International Credit Rating

Kaspi.kz JSC Sponsored ADR RegS (KSPI) has released an update.

Kaspi.kz, a leading fintech company, has earned its first international credit rating of BBB- with a stable outlook from Fitch, distinguishing itself with a unique Super App business model and exceptional profitability, including an 80% return on equity over the past eight years. The company’s innovative mobile services cater to both consumers and merchants, bolstering a robust and profitable business model. Coinciding with this milestone, Kaspi.kz has also been recognized by Harvard Business School with case studies and has been traded on Nasdaq since January 2024.

For further insights into KSPI stock, check out TipRanks’ Stock Analysis page.