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Sign InKaspi.kz has announced the completion of a significant share purchase involving 6.0 million American Depositary Shares (ADSs) previously held by Baring Fintech Venture Funds. The transaction featured the entry of tech giant Tencent alongside a group of major U.S. institutional investors. Notably, CEO Mikheil Lomtadze and members of the senior management team also participated in the acquisition, increasing their personal stakes in the company. This shift marks a transition from venture capital ownership to long-term strategic and institutional backing. The involvement of Tencent is viewed by market participants as a major endorsement of Kaspi's fintech ecosystem and growth trajectory. This consolidation of ownership by strategic partners and internal management provides a bullish signal for the company's long-term stability and market performance.