Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment
The investment was backed by the Sawiris family of the Egyptian Orascom Group and ZCP.
The investment was backed by the Sawiris family of the Egyptian Orascom Group and ZCP.
The National Bank of Kazakhstan intends to issue its own CBDC in late 2025.
According to documents seen by CNBC, the SEC’s Boston office has been investigating Freedom for months.
The fintech holds a 65% market share of Kazakhstan’s digital payments flow.
Kaspi made more than half a billion last year in profits.
The telco’s off-shoot financial services are fast becoming serious revenue streams.
The MoU will also promote innovation in Central Asia.
Access to cash is a key component in Kazakhstan.
Meeting the needs of a cash society in Central Asia.