Author - Mansur Ismagulov
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Kaspi Pay has entered into an agreement to acquire the Ukrainian acquirer Portmone. The deal will allow the company to enter the Ukrainian market and obtain a payment license from the National Bank of Ukraine, as well as Visa and Mastercard accreditation. The transaction is expected to close in the fourth quarter of 2021. In the medium term, Ukraine will become an important source of IT talent for Kaspi.kz.
Kaspi Pay signed a share purchase agreement (SPA) to acquire one of Ukraine’s leading acquirers, Portmone. This acquisition will enable Kaspi to enter the Ukrainian market, providing a starting platform with a payment license from the National Bank of Ukraine, as well as Visa and Mastercard accreditation.
The deal is expected to close in the fourth quarter of 2021, and in the medium term, Ukraine will become an important source of IT talent for Kaspi.kz.
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