In the past seven years, cashless transactions in Kazakhstan have surged over thirteenfold to approximately 188 trillion tenge, with cashless payments now comprising over 87% of all economic transactions, driven by competitive banking, fintech innovation, and digital public infrastructure. The Digital Tenge pilot has distributed over 337 billion digital tenge across sectors like subsidies and public procurement, while nearly thirty sandbox projects explore tokenization, stablecoins, and digital assets, fostering transparency, inclusion, and economic leapfrogging.

Kazakhstan startup ecosystem fintech venture capital

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