Digital Frenzy Creates Two Billionaires in U.K. Fintech IPO

Kaspi saw use of its app grow with Covid-19 lockdowns
Kazakh company’s IPO priced at top end of marketed range

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

By Nariman Gizitdinov, Alexander Sazonov, and Swetha Gopinath

October 15, 2020 at 2:16 AM EDT

Updated on

October 15, 2020 at 12:32 PM EDT

This article is for subscribers only.

Sign up here for our new personal finance newsletter and follow us @Wealth on Twitter.

A hot London IPO from a fintech provider has created two billionaires in Kazakhstan.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal