Kaspi.kz Reports Robust Growth and Strategic Expansion

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

Kaspi.kz has reported strong financial performance for the first nine months of 2024, with revenue and net income up 34% and 23% year-over-year, respectively. The company’s rapid growth in its Marketplace and Payments platforms, along with strategic acquisitions such as a controlling stake in Türkiye’s Hepsiburada, positions it for further expansion and profitability. With innovations like Kaspi Gift Cards and a new merchant deposit service, Kaspi.kz continues to enhance user engagement and market presence.

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