As of November 6, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Joint Stock Company Kaspi.kz. The largest reported stake is Vyacheslav Kim's, at 20%. 5 filings are on record since August 12, 2025 (Schedule 13G/A, August 14, 2026).
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Key facts
- · Reporting person: Vyacheslav Kim · Sole voting: 38,095,117 · Shared voting: 0 · Sole dispositive: 38,095,117 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-08-14
- · Reporting person: Asia Equity Partners Limited · Sole voting: 0 · Shared voting: 7,106,927 · Sole dispositive: 0 · Shared dispositive: 7,106,927 · SCHEDULE 13G/A, 2026-08-13
- · Holder: Asia Equity Partners Limited · Percent: 7.3% · SCHEDULE 13G/A
- · Holder: Asia Equity Partners Limited · Percent: 8.5% · SCHEDULE 13G/A
- · Holder: Vyacheslav Kim · Percent: 21.3% · SCHEDULE 13G/A
Joint Stock Company Kaspi.kz has 5 Schedule 13D or 13G filings on record since 2025-08-12. 1 holder's latest filing reports 5% or more of common shares, no par value american depositary shares, each representing one common share, no par value. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| 20% | 38,095,117 | SCHEDULE 13G/A, 2026-08-14 | 2026-06-30 | |
| Asia Equity Partners Limited | 3.7% | 7,106,927 | SCHEDULE 13G/A, 2026-08-13 | 2026-06-30 |
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Vyacheslav Kim | 38,095,117 | 0 | 38,095,117 | 0 | SCHEDULE 13G/A, 2026-08-14 |
| Asia Equity Partners Limited | 0 | 7,106,927 | 0 | 7,106,927 | SCHEDULE 13G/A, 2026-08-13 |
| Baring Fintech Nexus Limited | 0 | 7,106,927 | 0 | 7,106,927 | SCHEDULE 13G/A, 2026-08-13 |
| Baring Fintech Private Equity Fund III L.P.1 | 0 | 7,106,927 | 0 | 7,106,927 | SCHEDULE 13G/A, 2026-08-13 |
| Baring Fintech Fund III (GP) LP | 0 | 7,106,927 | 0 | 7,106,927 | SCHEDULE 13G/A, 2026-08-13 |
| Baring Fintech Fund III Managers Limited | 0 | 7,106,927 | 0 | 7,106,927 | SCHEDULE 13G/A, 2026-08-13 |
The latest filing identifies Joint Stock Company Kaspi.kz by CUSIP 48581R205 and gives its principal executive office as 154A NAURYZBAI BATYR STREET, Almaty (SCHEDULE 13G/A, 2026-08-14).
What the percentages are based on
20.0% as of June 30, 2026, based on 190,027,266 Common Shares outstanding as of such date. As of the Filing Date, the Reporting Person owns 19.7% of the Common Shares outstanding, based on 190,027,266 Common Shares outstanding as of such date.Vyacheslav Kim, SCHEDULE 13G/A, 2026-08-14
See Item 11 of the attached cover pages. The percentages reported in Item 11 of the attached cover pages are based on 190,027,266 common shares of the Issuer outstanding as of June 30, 2026, as reported in the Issuer's interim condensed consolidated financial information for the three and six months ended June 30, 2026, as set out in the Issuer's Form 6-K furnished with the SEC on August 12, 2026.Asia Equity Partners Limited, SCHEDULE 13G/A, 2026-08-13
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-08-12 | Vyacheslav Kim | 21.3% | SCHEDULE 13G/A |
| 2025-08-13 | Asia Equity Partners Limited | 8.5% | SCHEDULE 13G/A |
| 2026-02-13 | Asia Equity Partners Limited | 7.3% | SCHEDULE 13G/A |
| 2026-08-13 | Asia Equity Partners Limited | 3.7% | SCHEDULE 13G/A |
| 2026-08-14 | Vyacheslav Kim | 20% | SCHEDULE 13G/A |
Questions about who owns Joint Stock Company Kaspi.kz
Who owns Joint Stock Company Kaspi.kz?
On this page, one holder's latest ownership filing reports 5% or more of Joint Stock Company Kaspi.kz: Vyacheslav Kim (20%, Schedule 13G/A, filed 2026-08-14).
When did Vyacheslav Kim buy into Joint Stock Company Kaspi.kz?
The filings give report dates, not purchase dates. The earliest filing from Vyacheslav Kim on this page is the Schedule 13G/A, filed 2025-08-12, reporting 21.3%; its latest, Schedule 13G/A filed 2026-08-14, reports 20%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 5 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
