Kaspi.kz JSC Sponsored ADR RegS ( (KSPI) ) has shared an update.
On March 5, 2025, Kaspi.kz announced that it received an investment grade rating of Baa3 with a stable outlook from Moody’s, following a BBB- rating from Fitch in late 2024. These ratings highlight Kaspi.kz’s diverse business model, strong financials, and leading market position. The company’s expansion into Türkiye with Hepsiburada is supported by its robust financial standing and strategic market positioning, indicating a positive outlook for stakeholders.
More about Kaspi.kz JSC Sponsored ADR RegS
Kaspi.kz is a leading company in Kazakhstan that operates a unique two-sided Super App model, which includes the Kaspi.kz Super App for consumers and the Kaspi Pay Super App for merchants. The company focuses on providing innovative mobile products and services across payments, marketplace, and fintech platforms, aiming to improve people’s lives. Kaspi.kz’s business model is characterized by a large, engaged user base, best-in-class digital products, and a capital expenditure lite approach, resulting in strong growth and profitability.
YTD Price Performance: 3.20%
Average Trading Volume: 280,409
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.12B
For detailed information about KSPI stock, go to TipRanks’ Stock Analysis page.
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