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July 3, 2022
Finance Technologies

Goldman Sachs-backed Kaspi revives London IPO plans

Kaspi, the ecommerce banking app which dominates Kazakhstan’s digital payments and counts Goldman Sachs as an investor, is bringing its initial public offering (IPO) plans in London back to life. First reported by Reuters, the plans to float arrive a year after Kaspi abandoned its first attempt to float in England’s capital. The fintech holds a 65% market share of Kazakhstan’s digital payments flow. Kaspi, which operates the third largest bank in Kazakhstan, wants to sell shares held by a host of its owners. Kaspi’s owners As well as Goldman Sachs – which owns 4% – Kapsi is also 35%…
Goldman Sachs-backed Kaspi revives London IPO plans

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