The payments and ecommerce provider raised $870mn through its IPO.
Shares rose by as much as 18% on its first day of trading.
It's reached a market cap of $6.5bn.
Last year Kaspi delayed its UPO because it wasn’t reaching what it felt was the right valuation. Now, despite economic uncertainty, the company has experienced growth particularly on its consumer-facing app.
The proposal aligns with European regulators’ push for banking sector consolidation, aiming to enhance competitiveness and efficiency in the fragmented Italian market...
Thus Initiative enhances Fusion Bank’s operational efficiency and enables rapid market adaptability
Alternative data to power more accurate borrower risk assessment
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
The proposal aligns with European regulators’ push for banking sector consolidation, aiming to enhance competitiveness and efficiency in the fragmented Italian market...
Thus Initiative enhances Fusion Bank’s operational efficiency and enables rapid market adaptability
Alternative data to power more accurate borrower risk assessment
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
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UK FinTech investment falls 56% to £14.42bn in 2022After an incredibly strong 2021, with total FinTe...
Fintech also provides tools to help manage these risks. Financial authorities and their supervisees...
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