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Kaspi.kz Expands to the UAE: A New Stage of Fintech Expansion
Центральная Азия

Kaspi.kz Expands to the UAE: A New Stage of Fintech...

Kaspi.kz has registered a subsidiary in the UAE and has begun preparations to launch a super app in the Persian Gulf market. For fintech players in Central Asia, this is the first real case of large-scale expansion in the MENA region, where competition with global players is particularly high. Against the backdrop of slowing e-commerce growth in Europe and the US, the UAE and Persian Gulf markets show double-digit growth rates in online payments and BNPL services. For Kazakhstani and Uzbek startups, this is a signal: the window of opportunity for cross-border fintech is open right now.

FedNow raises limit to $10M: a challenge for fintech in Central Asia
Центральная Азия

FedNow raises limit to $10M: a challenge for fintech...

The expansion of FedNow in terms of transaction amount and volume instantly affects the global fintech and digital payment market, including players from Kazakhstan, Uzbekistan, Georgia, Azerbaijan, the UAE, and Turkey. Acquiring fintechs, cross-border payment services, and local startups are forced to review their risk architecture now to avoid losing access to dollar liquidity. Companies like Alashed IT (it.alashed.kz), which build and maintain payment and anti-fraud platforms for banks and marketplaces in the region, are gaining opportunities but also facing time pressure. We will explore what has changed, where the new risks lie, and how businesses in Central Asia and the Caucasus can respond.

Azerbaijan Builds Smart Cities: Focus on Fintech and E-commerce
Центральная Азия

Azerbaijan Builds Smart Cities: Focus on Fintech and...

At an international conference in Baku, it was announced that Azerbaijan is launching a large-scale smart urban development program where digital payments, electronic services, and data management become the basic layer of the urban environment. For fintech companies and e-commerce players, this is essentially a new market from scratch: little legacy, lots of space for modern APIs, clouds, and AI. Companies like Alashed IT (it.alashed.kz), working with digital transformations and payment infrastructure, are getting an opportunity to enter new projects in the region. For businesses from Kazakhstan, Uzbekistan, Georgia, and the Persian Gulf countries, this is a signal: the time to enter large development and government digital projects in the South Caucasus is now.

Kazakh Ex-Blinkit Specialists Raise 7.55 Crore for Smartphone Repair
Центральная Азия

Kazakh Ex-Blinkit Specialists Raise 7.55 Crore for S...

Instafix, founded by the ex-Blinkit team with experience in Almaty, has received investments from Titan Capital and 8i Ventures. The startup applies hyperlocal logistics and AI for quick gadget repairs at home. Today, this is critical for businesses in Kazakhstan, where 68% of smartphones require repair annually according to Statista 2026. Investors see the potential of the 500 billion tenge tech service market in Central Asia.

Kazakhstan Startup Raises $2M for Doorstep Smartphone Repair
Центральная Азия

Kazakhstan Startup Raises $2M for Doorstep Smartphon...

Today, May 14, 2026, the Almaty-based startup Instafix announced the acquisition of $2 million in investment to scale its doorstep gadget repair service. The service uses AI to match technicians and hyperlocal logistics similar to Kaspi and Choco Family models. This is important now, as the electronics repair market in Central Asia is growing by 25% annually, and the digitization of services is accelerating after the launch of the digital codex in Kazakhstan.

Ex-Blinkit Employees Raise 7.55 Crore for Instafix Doorstep Smartphone Repair
Центральная Азия

Ex-Blinkit Employees Raise 7.55 Crore for Instafix D...

Instafix, founded by former Blinkit employees, has attracted investments from Titan Capital and 8i Ventures to scale doorstep smartphone repair across India. This solution eliminates the need to visit service centers, minimizing customer time and inconvenience. Today, May 14, 2026, the news is relevant for Central Asia, where similar models can solve gadget repair issues in remote regions. Such approaches open opportunities for local IT companies.

Kazakhstan Expands Quotas for IT Specialists to 174 Professions
Центральная Азия

Kazakhstan Expands Quotas for IT Specialists to 174...

The Government of Kazakhstan is radically changing its approach to attracting foreign specialists. New amendments to the migration legislation provide for an expansion of the list of priority professions and the introduction of the Altyn Visa program for highly paid personnel. This decision is critical for the technological development of the country and solving the problem of the shortage of IT professionals.

Egyptian Proptech Byit Expands to UAE with AI Solutions
Центральная Азия

Egyptian Proptech Byit Expands to UAE with AI Solutions

Proptech platform Byit, founded in 2022 by Antoine Azero, has officially entered the UAE market with an innovative set of AI tools for real estate agents. The company uses an agent-oriented brokerage model, offering freelancers up to 90% of the developer's commission. This expansion opens up new opportunities for cross-border transactions between Egyptian real estate offerings and Persian Gulf investors.

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