Kazakhstan: The Largest Fintech Hub in the CIS

Kazakhstan has emerged as a prominent fintech hub within the CIS region, having made tremendous progress with key fintech solutions related to mobile payments, blockchain applications and online lending platforms. Much of this has been spurred by the country’s promotion of digital transformation and innovation in the financial sector, particularly regulatory initiatives, government support and increased investments in technology startups. In addition, Kazakhstan’s fintech ecosystem is characterized by smart collaborations between traditional financial institutions and startups, which foster an environment of innovation and diversification.