---
title: "Tencent's Stake in Fintech Firm Kaspi.kz Marks First Investment in Kazakhstan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283339010.md"
description: "Chinese tech giant Tencent Holdings made its first investment in Kazakhstan's fintech sector by acquiring 6 million American Depositary Receipts (ADRs) in Kaspi.kz JSC, representing a 3.2% stake valued at approximately $518 million. Morgan Stanley provided advisory services for the transaction. This marks Tencent's first investment in Kazakhstan and its second in Central Asia"
datetime: "2026-04-20T10:55:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283339010.md)
  - [en](https://longbridge.com/en/news/283339010.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283339010.md)
---

# Tencent's Stake in Fintech Firm Kaspi.kz Marks First Investment in Kazakhstan

Chinese tech giant Tencent Holdings has entered the Kazakhstan fintech sector for the first time through an equity stake in Kaspi.kz JSC. According to a statement released on Monday, Kaspi.kz confirmed that Tencent, together with company management and long-term investors, completed the acquisition of 6 million American Depositary Receipts (ADRs) from the Barings Fintech Venture Fund. This represents a 3.2% stake, valued at approximately $518 million based on Friday's trading price. Morgan Stanley provided advisory services for this transaction. It is Tencent's first investment in Kazakhstan and its second in Central Asia. Last year, Tencent led an equity financing round for Uzbekistan-based fintech and e-commerce company Uzum. (Bloomberg)

### Related Stocks

- [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md)
- [KSPI.US](https://longbridge.com/en/quote/KSPI.US.md)
- [00700.HK](https://longbridge.com/en/quote/00700.HK.md)
- [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md)
- [KSPN.US](https://longbridge.com/en/quote/KSPN.US.md)
- [MS.US](https://longbridge.com/en/quote/MS.US.md)
- [80700.HK](https://longbridge.com/en/quote/80700.HK.md)
- [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md)
- [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md)
- [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md)
- [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md)
- [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md)
- [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md)
- [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md)
- [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md)
- [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md)
- [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md)

## Related News & Research

- [Kaspi.kz Shareholders Approve 2025 Results and KZT 850 Dividend at April AGM](https://longbridge.com/en/news/282991735.md)
- [Kaspi.kz AO Stock (KSPI) Moved Up by 11.81% on Apr 20: A Full Analysis](https://longbridge.com/en/news/283531666.md)
- [Tencent Invests in Kaspi.kz Alongside Co-Founder & CEO Mikheil Lomtadze and Long-Term U.S. Institutional Investors | KSPI Stock News](https://longbridge.com/en/news/283301477.md)
- [Nike stumbled with the people it counts on most: runners](https://longbridge.com/en/news/283395705.md)
- [ZAWYA: KFH - Egypt continues its commitment to women empowerment through its partnership with Entreprenelle in "SHE CAN 2026"](https://longbridge.com/en/news/283252406.md)