Joint Stock Co Kaspi.kz
No enriched coverage for $KSPI in the last 7 days.
No SEC Form 4 filings for $KSPI in the last 30 days.
See all $KSPI insider activity →Jenga Investment Partners reported an 8.10% Q3 2026 return, outperforming the MSCI World Index. The fund increased exposure to Financials and U.S. markets. Kaspi.kz (KSPI), a tech company, was highlighted with a 5.7% portfolio weighting. KSPI closed at $94.91, up 21.48% YTD, with a 7x P/E. Jenga noted KSPI's financial model risks and Kazakhstan's macroeconomic factors.
Kaspi.kz (KSPI) reported Q2 2026 revenue of KZT 1.1 trillion ($2.3B), up 15% YoY, with adjusted EBITDA of KZT 397B ($826M), up 5%. Net income was KZT 259B ($539M), flat YoY. Marketplace GMV rose 15% and the board proposed a KZT 1,000 per ADS dividend (+18%).
Kaspi.kz (NASDAQ:KSPI) reported Q2 marketplace revenue up 11% and EBITDA up 9% on a reported basis, noting results were affected by a 21% Turkish lira depreciation versus the Kazakh tenge. Management said fintech revenue rose 23% YoY, cost of risk was 0.7%, and funding costs rose 150 bps. On July 1 it launched “Kasper” AI shopping assistant; early indicators cited. It also completed Rabobank A.Ş. acquisition and got a Türkiye banking license.
Recent KSPI coverage spans financial news, earnings and mergers & acquisitions.
Valuation suggests the stock may be overvalued given high loan exposure and Kazakhstan risk, potentially prompting price correction.
Growth in e-commerce and fintech is offset by higher cost of funding, keeping net income flat while margins face rate pressure.
Q2 operating momentum plus AI assistant early traction, offset by higher funding costs and FX translation effects, with guidance reiterated and Türkiye banking rollout as a longer-dated catalyst.
Strong half-year earnings and dividend increase suggest near-term upside, while new AI product and acquisition may drive longer-term growth.
Deal completion reduces uncertainty around transaction closing, but near-term trading will hinge on integration execution and any disclosed financial terms not included here.
AlphAI scores every news story that mentions KSPI with an AI model for sentiment and relevance, and aggregates insider trades from Joint Stock Co Kaspi.kz's SEC EDGAR Form 4 filings. Figures refresh continuously.
Jenga Investment Partners reported an 8.10% Q3 2026 return, outperforming the MSCI World Index. The fund increased exposure to Financials and U.S. markets. Kaspi.kz (KSPI), a tech company, was highlighted with a 5.7% portfolio weighting. KSPI closed at $94.91, up 21.48% YTD, with a 7x P/E. Jenga noted KSPI's financial model risks and Kazakhstan's macroeconomic factors.
1 min readKaspi.kz (KSPI) reported Q2 2026 revenue of KZT 1.1 trillion ($2.3B), up 15% YoY, with adjusted EBITDA of KZT 397B ($826M), up 5%. Net income was KZT 259B ($539M), flat YoY. Marketplace GMV rose 15% and the board proposed a KZT 1,000 per ADS dividend (+18%).
7 min readKaspi.kz (NASDAQ:KSPI) reported Q2 marketplace revenue up 11% and EBITDA up 9% on a reported basis, noting results were affected by a 21% Turkish lira depreciation versus the Kazakh tenge. Management said fintech revenue rose 23% YoY, cost of risk was 0.7%, and funding costs rose 150 bps. On July 1 it launched “Kasper” AI shopping assistant; early indicators cited. It also completed Rabobank A.Ş. acquisition and got a Türkiye banking license.
6 min readJoint Stock Co Kaspi.kz (KSPI) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Kaspi.kz 2Q & 1H 2026 Financial Results Almaty, Kazakhstan, 10 August 2026 – Joint Stock Company Kaspi.kz (“Kaspi.kz”) (Nasdaq:KSPI) today published its unaudited consolidated IFRS financial results for the quarter and first half ended 30 June 2026 (“2Q and 1H 2026”)
3 min readKaspi.kz (Nasdaq: KSPI) said it has completed its acquisition of Rabobank A.Ş., a fully licensed bank in Türkiye. The company operates a two-sided Super App with over 25 million consumers and 900,000 merchants across Kazakhstan and Türkiye, and it holds an 86.74% stake in Hepsiburada.
2 min readKaspi.kz says it unveiled “Kasper,” a new personal AI assistant, at the “Kaspi Event” in Almaty. CEO Mikheil Lomtadze described Kasper as helping customers explain needs in their own words and choose among options. Kasper is set to launch in Almaty next week, with details to follow. Kaspi.kz has 25M+ consumers and is listed on Nasdaq.
2 min readKaspi.kz said it received regulatory approval from Türkiye’s Banking Regulation and Supervision Agency to acquire fully licensed Rabobank A.Ş. The deal is expected to close in July 2026, subject to standard closing conditions. Kaspi.kz plans to expand its payments, marketplace, and fintech services in Turkey after completion.
3 min readThe article compiles 11 “up and coming” tech stocks and cites SPEAR Invest founder Ivana Delevska’s view that AI is shifting from LLM training to agentic AI, boosting demand for CPUs and networking. It highlights company-specific updates: M-tron won $4m DoD contractor production contracts; SailPoint completed Entro acquisition; Kaspi.kz received approval to buy Rabobank A.Ş.
7 min readKaspi.kz (Nasdaq: KSPI) said its Extraordinary General Meeting on 11 June 2026 approved the agenda and a cash dividend for 1Q 2026. The company set the dividend at KZT 850 per common share, with payments starting 11 June 2026 and shareholders determined as of 10 June 2026. It also elected three members to the counting commission.
1 min readMarketBeat’s May 25 screener highlights UP Fintech (TIGR), Rocket Companies (RKT), Kaspi.kz (KSPI), PPDAI/FinVolution Group (FINV), and Wealthfront (WLTH) as fintech stocks to watch. The article says these names had the highest dollar trading volume among fintech stocks in recent days, and describes each firm’s core digital finance offerings.
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