Gate News message, April 20 — Kaspi.kz, a fintech company based in Kazakhstan, announced that Tencent, alongside company management and long-term investors, has completed the acquisition of 6 million American Depositary Receipts (ADRs) from Barings FinTech Ventures.
Other buyers in the transaction include fintech investment firm Spice Expeditions and endowment funds from U.S. universities including the University of Washington and University of Wisconsin foundations.
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