Kazakhstan runs on fintech, and Almaty leads it. MOST and Activat back founders early. Astana Hub and global VCs add more. Here are 14 fintech investors funding Almaty founders in 2026.
Almaty is Kazakhstan's money and fintech capital. Kaspi made it into a global fintech success story.
Local VCs back early rounds, then global funds join. Astana Hub adds grants and serious tax breaks too.
You will pitch a dozen of these backers in one round. Ellty keeps your fintech deck behind one tracked link.
Most want a full data room before the second meeting. Build it once in Ellty and reuse it for every fund.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| MOST Ventures | VC (Almaty) | $50K-500K | Fintech, SaaS, logistics | mostventures.vc |
| Activat VC | VC (Kazakhstan) | $100K-1M | Fintech, AI, payments | activat.vc |
| Tumar Venture Fund | Gov-linked VC | $100K-2M | Fintech, agritech, healthtech | tumar.kz |
| Sturgeon Capital | Frontier VC | $250K-1.5M | Fintech, B2B SaaS | sturgeoncapital.com |
| Quest Ventures | Regional VC | $100K-1M | Fintech, ecommerce, Islamic | questventures.com |
| I2BF Global Ventures | Global VC | $500K-3M | Deep tech, SaaS, AI | i2bf.com |
| MA7 Ventures | Angel syndicate | $25K-250K | Fintech, B2B SaaS, AI | ma7.vc |
| QazAngels | Angel network | $10K-100K | Cross-sector early | qazangels.com |
| Astana Hub | Gov tech park | Seed grants | Broad tech incl. fintech | astanahub.com |
| AIFC Tech Hub | Gov fintech hub | Non-equity | Fintech, payments, regtech | tech.aifc.kz |
| QazTech Ventures | Government fund | Co-investment | Tech, fintech, IT | qaztech.vc |
| NURIS (Nazarbayev University) | University accelerator | Up to $100K | Deep tech, AI, fintech | nu.edu.kz |
| Plug and Play (Kazakhstan) | Global accelerator | $25K-500K | Fintech vertical | plugandplaytechcenter.com |
| VentureRocket Eurasia | VC / syndicate | $100K-650K | Fintech, retail tech, SaaS | venturerocket.co |
Keep your fintech raise in one link
Ellty shows which fund opened your deck and read it through.
Start free 14-day trialWhat Almaty fintech VCs back
An Almaty fintech VC wants real transaction volume. They back usage and revenue, not just a slick app.
Most enter at seed and follow into a Series A round. Global funds wait for proven, larger-scale traction.
AIFC and national licences matter from day one here. Plan your compliance well before you start to raise.
See our Lahore fintech investors list too. Ellty shows which fund opened your deck and where they stopped.
European investor appetite for Kazakhstan is real, and it is growing fast across the region.
14 Almaty fintech investors
1. MOST Ventures
Central Asia's first private VC fund, from Almaty.
Recent Activity: Runs a $10M fund, backed logistics app Navlungo
LinkedIn: MOST Ventures on LinkedIn
Sector Focus: Fintech, SaaS, logistics
Stage Focus: Seed, Series A
Check Size: $50K-500K
Location: Almaty, Kazakhstan
Website: mostventures.vc
2. Activat VC
A Kazakhstan VC backing fintech and payments startups.
Recent Activity: Backed payments startup Epoint and Zypl.AI
LinkedIn: Activat VC on LinkedIn
Sector Focus: Fintech, AI, payments
Stage Focus: Seed
Check Size: $100K-1M
Location: Almaty, Kazakhstan
Website: activat.vc
3. Tumar Venture Fund
A World Bank-backed Kazakhstan venture fund up to $50M.
Recent Activity: A fund of up to $50M launched in 2021
LinkedIn: Tumar Venture Fund on LinkedIn
Sector Focus: Fintech, agritech, healthtech
Stage Focus: Seed, Series A
Check Size: $100K-2M
Location: Astana, Kazakhstan
Website: tumar.kz
4. Sturgeon Capital
A frontier VC with an Almaty office and fintech bets.
Recent Activity: Took IFC into its new frontier fund
LinkedIn: Sturgeon Capital on LinkedIn
Sector Focus: Fintech, B2B SaaS
Stage Focus: Seed
Check Size: $250K-1.5M
Location: London and Almaty
Website: sturgeoncapital.com
5. Quest Ventures
A top Central Asia fintech investor by deal count.
Recent Activity: Backs 100+ Central Asia companies
LinkedIn: Quest Ventures on LinkedIn
Sector Focus: Fintech, ecommerce, Islamic
Stage Focus: Seed
Check Size: $100K-1M
Location: Singapore and C. Asia
Website: questventures.com
6. I2BF Global Ventures
A global VC managing over $400M, with Astana roots.
Recent Activity: Co-funds the NURIS seed fund
LinkedIn: I2BF Global Ventures on LinkedIn
Sector Focus: Deep tech, SaaS, AI
Stage Focus: Series A, growth
Check Size: $500K-3M
Location: New York and Astana
Website: i2bf.com
See who actually reads your deck
Ellty logs every open and page. Chase the keen funds first.
Start free 14-day trial7. MA7 Ventures
Almaty's biggest angel club, 300-plus members strong.
Recent Activity: Deployed ~$13M across 14 startups
LinkedIn: MA7 Ventures on LinkedIn
Sector Focus: Fintech, B2B SaaS, AI
Stage Focus: Angel (syndicate)
Check Size: $25K-250K
Location: Almaty, Kazakhstan
Website: ma7.vc
8. QazAngels
Kazakhstan's main business angel network for tech.
Recent Activity: An Astana Hub co-investment partner
LinkedIn: QazAngels on LinkedIn
Sector Focus: Cross-sector early
Stage Focus: Angel (network)
Check Size: $10K-100K
Location: Almaty, Kazakhstan
Website: qazangels.com
9. Astana Hub
Kazakhstan's tax-free tech park and accelerator hub.
Recent Activity: Hosts 2,200+ companies and raised $47.7M
LinkedIn: Astana Hub on LinkedIn
Sector Focus: Broad tech incl. fintech
Stage Focus: Grants (accelerator)
Check Size: Seed grants
Location: Astana, Kazakhstan
Website: astanahub.com
10. AIFC Tech Hub
The AIFC's fintech accelerator and regtech sandbox.
Recent Activity: Ran Kazakhstan's first fintech accelerator
LinkedIn: AIFC Tech Hub on LinkedIn
Sector Focus: Fintech, payments, regtech
Stage Focus: Accelerator
Check Size: Non-equity
Location: Astana, Kazakhstan
Website: tech.aifc.kz
11. QazTech Ventures
A government fund co-investing in Kazakhstan tech.
Recent Activity: A named Astana Hub partner fund
LinkedIn: QazTech Ventures on LinkedIn
Sector Focus: Tech, fintech, IT
Stage Focus: Co-investment
Check Size: Co-investment
Location: Astana, Kazakhstan
Website: qaztech.vc
12. NURIS (Nazarbayev University)
A Nazarbayev University seed fund and accelerator.
Recent Activity: Runs the ABC-I2BF seed fund
LinkedIn: NURIS on LinkedIn
Sector Focus: Deep tech, AI, fintech
Stage Focus: Pre-seed (university)
Check Size: Up to $100K
Location: Astana, Kazakhstan
Website: nu.edu.kz
13. Plug and Play (Kazakhstan)
A global accelerator with deep Kazakhstan deal flow.
Recent Activity: A top fintech investor by deal count here
LinkedIn: Plug and Play on LinkedIn
Sector Focus: Fintech vertical
Stage Focus: Pre-seed, seed
Check Size: $25K-500K
Location: Silicon Valley and Almaty
Website: plugandplaytechcenter.com
14. VentureRocket Eurasia
An AIFC-linked VC backing fintech and retail tech.
Recent Activity: Backed AIFC firm BILLZ's $650K raise
LinkedIn: VentureRocket Eurasia on LinkedIn
Sector Focus: Fintech, retail tech, SaaS
Stage Focus: Seed (syndicate)
Check Size: $100K-650K
Location: Almaty and AIFC
Website: venturerocket.co
Kaspi set the bar high
Kaspi.kz grew from Almaty into a true fintech giant. It showed what a payments super-app can really do.
Investors now hunt for the next big payments play. Real volume and strong retention win you the cheque.
Bring a sharp pitch deck to every fund. Show live transaction data behind one tracked link.
Run a clean IT due diligence prep early. Ready data wins investor trust and closes rounds faster.
Astana Hub powers the scene
Astana Hub is the engine of Kazakhstan's tech scene. It hosts 2,200+ companies and hands out seed grants.
Members get big tax breaks and accelerator access. That stretches your early-stage runway a long way.
Keep every fund in one virtual data room. Show one clean story to every backer from one link.
Ellty is built for venture capital raises. Track who opens your deck, then follow up quickly.
Scale across Central Asia
Kazakhstan is big, but the whole region is bigger. Investors want a clear Central Asia expansion plan.
Uzbekistan is the next obvious market to win next. Show how you scale past Almaty into the wider region.
Lock sensitive files with password protection. Share your user data only with the serious backers.
Pass a cybersecurity diligence review early. Prepared teams win trust and close their round faster.
How to pitch a fintech investor
Lead with the money problem you actually fix.
- 1.Lead with the money problem you actually fix.Show you know Kazakhstan's digital payment rails.
- 2.Prove early volume with hard transaction data.Share active users, revenue and growth rate.
- 3.Map your AIFC or national licence plan early.Regulators can make or break a fintech launch.
- 4.Name the cheque and the milestone it buys.Tie the raise to one clear, near-term goal.
- 5.Send one tracked Ellty link to your full deck.See which fund reads it all the way through.
How Ellty helps you land a fintech investor in Almaty
Your Almaty fintech list is ready to use. Open a data room before the first fund call.
- 1.Upload your deck, key metrics and licences.Keep every fintech document in one secure room.
- 2.Send each fund their own private tracked link.Set precise view and download rights per fund.
- 3.Watch every open and follow up at the right time.Chase the funds that read the whole deck first.
Almaty fintech funding questions
- VCs like MOST and Activat. Plus Astana Hub and angels.
- Kaspi proved the model. Most payments are cashless now.
- Often an AIFC or national licence. Plan it early.
- Yes, Astana Hub gives grants and tax breaks. Apply early.
- Yes, Sturgeon and Quest do. They back fintech here.
