(Read the full article on ain.ua)

As it became known to AIN.UA, the Ukrainian service Portmone Group is being sold. The buyer is the Kazakh business Kaspi.kz.

Portmone is a Ukrainian interbank payment system, one of the largest players on the market. Founded in 2002 by Igor Gorin. In 2013, the company was acquired by the investment company Dragon Capital . The amount of the deal was not disclosed at that time. Market sources noted that, most likely, the asset was acquired for the purpose of further resale. This happened in 2021.

According to official data, the buyer of Portmone Group was Kaspi Pay, which belongs to Kaspi.kz, the largest fintech company in Kazakhstan. Kaspi.kz positions itself as a Super App – one application in which dozens of different functions are available: payment system, banking products, marketplace, etc.

In October, Kaspi.kz held an IPO in London, during which it raised $ 870 million, and capitalization amounted to $ 6.5 billion. Today, the capitalization of Kaspi.kz has grown to $ 13 billion due to the growth of financial indicators, and the company’s business is expanding, including geographically. Ukraine will become the new country of presence.