Mikhail Lomtadze
$5.9B
Born
Oct 17, 1975
Age
50
Source of Wealth
Fintech
Residence
Almaty,
Citizenship
Georgia
Marital Status
Single
Children
0
Education
Master of Business Administration, Harvard Business School
- Mikhail Lomtadze is a former private equity investor at Russian-focused fund Baring Vostock.
- Baring Vostock invested in Kaspi in 2006, and Lomtadze became CEO of Kaspi shortly thereafter.
- In October 2020, Kaspi listed on the London Stock Exchange with a $6.5 billion valuation.
- Kaspi is the leading digital payments and banking service in Kazakstan, where over 50% of the population use the app.
- Kaspi generated revenues of $2.5 billion in 2024.
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