According to a recent report issued by RISE Research, Kazakhstan’s MOST holding, and Fintech Consult international consulting company on key trends and growth opportunities in Kazakhstan’s fintech industry, fintech is developing rapidly in Kazakhstan. In fact, investments in the sector are expected to reach USD 3 billion by 2025.
Among the key trends identified are the rise of digital payments and e-commerce, ecosystems, super-apps, the digitization of small- and medium-sized businesses (SMEs), the democratization of capital markets and an overall increase in the number of fintech companies.