Eurasia / Tech

Durov rejects Western funds’ offer to buy 5%-10% of Telegram with $30bn valuation

Ben Aris in Berlin January 15, 2021

Russia’s most famous tech entrepreneur and the creator of the Telegram messaging service has rejected an offer by Western funds to buy a 5%-10% stake in the company with a valuation of $30bn.

Kazakhstan: As election beckons, authorities tighten control on internet

Almaz Kumenov for Eurasianet December 8, 2020

Authorities accuse critics of the measure of being Nato stooges.

Kaspi on the cusp? Assessing the significance of Kazakh fintech firm's smash stock market debut

Kanat Shaku in Almaty October 23, 2020

Since Russia’s Yandex called off a deal to acquire online bank Tinkoff, the standout IPO of Kazakhstan’s financial technology and e-commerce leader has become the benchmark-setter.

Why fintech IPO sensation Kaspi is king in Kazakhstan

Kanat Shaku in Almaty October 16, 2020

Firm runs what's fast turning into country's de facto payments system. Central Asia's large unbanked population now offers great scope for building success upon success but the potential won't go unnoticed by rivals.

Large cyberattack ‘hit Iran’s ports electronic infrastructure’

bne IntelIiNews October 16, 2020

Government bodies implement temporary online shutdowns after country says it was the target of two substantial malicious attempts to breach state information systems.