KASPI.KZ KAZAKHSTAN'S IPO WHICH CONQUERS NASDAQ
1. Superapplication Kaspi $KSPI.L:
- Combines elements of Amazon, PayPal, Affirm and WeChat.
- Founded in Kazakhstan in 2008.
- Provides a range of services from e-commerce and payments to fintech and banking functions.
2. IPO and Financial Data:
- IPO on Nasdaq with value 1 billion dollars.
- Company valuation of approx. 17.5 billion dollars.
- Growth of payments business and e-commerce.
- E-commerce marketplace with GMV growth of 50%.
3. Fintech Segment:
- Fintech segment offers loans and services to BNPL.
- The total volume of finance for fintech services grew by 41%.
4. Investment Opportunity:
- Fast growing company in attractive sectors.
- Attractive valuation compared to the average multiple S&P 500.
- Significant dividend yield (7%)
Would you consider investing in this growing Fintech company?
Interesting tip, I like it when someone comes up with a company completely out of places where you probably don't normally look for stocks. 😊 I don't know the company of course. Where do you get these companies and then where do you trade them if applicable? 😊