ALMATY, Kazakhstan, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 19 November 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Approval of amended Charter of JSC Kaspi.kz;4) Election of the Board Member due to resignation of one of the Board Members;5) Approval of the amount and terms of remuneration and reimbursement of expenses of the Board Members incurred while performing

ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) -- In August 2024 we ("Kaspi.kz") submitted a non-binding letter of interest to Uzbekistan's State Assets Management Agency ("SAMA"), indicating our interest in participating in the privatisation of the National Interbank Processing Center ("Humo"). At this time, we are not proceeding further in the process. Uzbekistan's economy is growing fast and its government is pursuing an attractive reform agenda. Kaspi.kz's innovative digital products improve the everyday lives of consumers and merchants and we will continue to look for opportunities to play a part in Uzbekistan's exciting digital transformation. Contacts David Fergusondavid.ferg

ALMATY, Kazakhstan, Oct. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of JSC Kaspi.kz (NASDAQ:KSPI) hereby announces the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz will be held on 19 November 2024 at 10:00 Astana time at: 154 "А", Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013. If a quorum is not met, a repeated General Meeting of Shareholders will be held on 20 November 2024 at 10:00 Astana time at: 154 "А", Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013. Agenda of the Extraordinary General Meeting of Shareholders: 1. Approval of the agenda of the Extraordinary General Meeting of shareholders of JSC Kaspi.kz; 2. Distribution of dividends on common sha

ALMATY, Kazakhstan, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter and nine months ended 30 September 2024 ("3Q & 9M 2024"). 9M 2024 Highlights Timing of marketing campaigns has distorted GMV growth between 2Q and 3Q. 9M 2024 is more representative of business performance with revenue and net income up 34% and 23% respectively. On track for FY24 net income growth of around 25%.Our faster growing and more profitable Payments and Marketplace Platforms together account

ALMATY, Kazakhstan, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) has announced that it has signed a definitive agreement with Hanzade Doğan, the founder and controlling shareholder of D-Market Electronic Services & Trading (NASDAQ:HEPS), and Vuslat Doğan Sabancı, Begüm Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan to acquire 65.41% of all the total outstanding Class A and Class B shares of Hepsiburada. Founded in 2000 by Hanzade Doğan, Hepsiburada has long been one of Türkiye's leading e-commerce platforms. The company grew by focusing on customer service, technology, logistics and a broad assortment of products across various retail categories. F

NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm the Rosen Law Firm announces an investigation into Joint Stock Company Kaspi.kz (NASDAQ:KSPI) for potential violations of the federal securities laws. If you invested in KSPI, you are encouraged to obtain additional information by visiting https://rosenlegal.com/submit-form/?case_id=29172. Why did KSPI's stock drop? On September 19, 2024, Culper Research issued a report entitled "Kaspi.kz (KSPI): The NASDAQ-Listed Fintech Moving Money for Criminals and Kleptocrats." In this report, Culper announced it was "short Kaspi, the operator of the largest payment network and second largest bank in Kazakhstan. We believ

ALMATY, Kazakhstan, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz's mission is to improve people's lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants. We are proud of the business we have built, which we are continuing to grow by serving consumers and businesses across Kazakhstan. Here are some important facts we think you should know about our business and our robust efforts to ensure local and international regulatory compliance. We generate 99.6% of our revenue from Kazakhstan As disclosed in our US IPO prospectus and in our 20F, 99.6% o

ALMATY, Kazakhstan, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and nine months ended September 30, 2024, on Monday, 21st October, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 3rd Quarter & 9 months 2024 Financial Results Conference Call Monday, 21st October, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=ac66cfee&confId=71533 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's

ALMATY, Kazakhstan, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The company is issuing the following statement following the research report published by Culper Research today: In our view, the report is misleading, inaccurate and misrepresents our business. Being the first company from Kazakhstan to successfully list on Nasdaq has obviously raised our profile amongst short sellers. For those investors who have known us over the years, our reputation speaks for itself. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – the Kaspi.kz Super App for con

ALMATY, Kazakhstan, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz has received its first international credit rating. Fitch rates Kaspi.kz investment grade BBB- with a stable outlook. This rating is separate from Kaspi Bank, a component of Kaspi.kz's Fintech Platform, which has been tracked by international rating agencies for many years. Fitch also rates Kaspi Bank investment grade BBB- with a stable outlook. According to Fitch, the rating reflects Kaspi.kz's unique business profile, leading nationwide franchise and one of the strongest levels of operating profitability when compared to peers globally. Among the key rating drivers are: Diverse business model: Kaspi.kz's Super App business

ALMATY, Kazakhstan, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 19 November 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Approval of amended Charter of JSC Kaspi.kz;4) Election of the Board Member due to resignation of one of the Board Members;5) Approval of the amount and terms of remuneration and reimbursement of expenses of the Board Members incurred while performing

ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) -- In August 2024 we ("Kaspi.kz") submitted a non-binding letter of interest to Uzbekistan's State Assets Management Agency ("SAMA"), indicating our interest in participating in the privatisation of the National Interbank Processing Center ("Humo"). At this time, we are not proceeding further in the process. Uzbekistan's economy is growing fast and its government is pursuing an attractive reform agenda. Kaspi.kz's innovative digital products improve the everyday lives of consumers and merchants and we will continue to look for opportunities to play a part in Uzbekistan's exciting digital transformation. Contacts David Fergusondavid.ferg

ALMATY, Kazakhstan, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and nine months ended September 30, 2024, on Monday, 21st October, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 3rd Quarter & 9 months 2024 Financial Results Conference Call Monday, 21st October, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=ac66cfee&confId=71533 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's

ALMATY, Kazakhstan, July 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter and first half ended 30 June 2024 ("2Q & 1H 2024"). 2Q 2024 Highlights Strong 2Q 2024 with revenue and net income up 36% and 25% year-over-year ("YoY"), respectively.Our faster growing and more profitable Payments and Marketplace Platforms together accounted for 68% of consolidated net income, up from 61% in 1H 2023.All Platforms continued to deliver strong top-line growth in the second quarter of 20

ALMATY, Kazakhstan, June 27, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and first half ended June 30, 2024, on Monday, 22 July, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 2nd Quarter & First Half 2024 Financial Results Conference Call Monday, 22nd July, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=003831c9&confId=67819 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by dev

ALMATY, Kazakhstan, May 23, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 22 May 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share.To approve dividends to be paid within the period set by law:1) dividend amount of KZT 850 (eight hundred and fifty tenge) per common share of JSC Kaspi.kz;2) dividend is paid for period 1Q 2024;3) commencement date of dividend payments: 22 May 2024;4) the lis

ALMATY, Kazakhstan, April 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we", or the "Company") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter ended 31 March 2024 ("1Q 2024"). 1Q 2024 Highlights Strong start to 2024 with first quarter revenue and net income up 40% and 28% year-over-year ("YoY"), respectively.Our faster growing and more profitable Payments and Marketplace Platforms together accounted for 68% of consolidated net income, up from 60% in 1Q 2023.All Platforms continued to deliver strong top-line growth in the firs

ALMATY, Kazakhstan, April 02, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter ended March 31, 2024, on Monday, 22nd April, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the first quarter. First Quarter 2024 Financial Results Conference Call Monday, 22nd April, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=940ffcb8&confId=63341 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by developing innov

ALMATY, KAZAKHSTAN / ACCESSWIRE / February 26, 2024 / Joint Stock Company Kaspi.kz ("Kaspi.kz", "we", or the "Company") (NASDAQ:KSPI). which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, published its unaudited consolidated IFRS financial results for the quarter and fiscal year ended 31 December 2023 ("4Q 2023" and "FY 2023," respectively).4Q 2023 & FY 2023 Highlights· Strong financial momentum in 4Q 2023 with revenue and net income up 45% and 32% year-over-year ("YoY"), respectively. FY 2023 consolidated revenue and net income up 51% and 44% YoY, respectively. FY 2023 consolidated diluted EPS up 45% YoY.· Our faster growing and more profitable Payments