Solva | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Solva is a leading fintech company in Kazakhstan, recognized as the first neobank for micro, small, and medium enterprises (MSMEs)...
Solva is a leading fintech company in Kazakhstan, recognized as the first neobank for micro, small, and medium enterprises (MSMEs) and consumers in Central Asia. The company specializes in providing digital working capital solutions, including microloans and credit products tailored for small businesses. With a commitment to fostering entrepreneurship, Solva aims to support the economic growth of Kazakhstan by offering accessible financial products and services, particularly focusing on empowering female entrepreneurs. Founded in 2017, Solva has quickly established itself as a benchmark for inclusive finance in the region.
Website
Headquarters
prospekt Seifullina, 502, Almaty, KZ
Size
501-1000 employees
Industry
Financial Services
Specialities
FinTech, Finance, Credit Scoring, Online Financing, Data Science, Financial Inclusion, Central Asia
🛍️ Solva Product and Pricing News →
👔 Solva CEO, Management and Leadership Team →
⚔️ Solva Alternatives and Competitors →
💼 Solva Hiring and Layoffs →
🤖 Solva Developer, Integration and Automation News →
📈 Solva Financials, Fundraising and Valuation News →
🛍️ Solva Product and Pricing News
- Solva is working to meet regulatory requirements after being previously denied a banking license due to capital deficiencies.
- Solva extended the maximum loan term for self-employed and agricultural microcredits from 36 to 60 months.
- Solva has introduced a new offering 'Karta Light + Sulpak' and updated its services to include microcredit secured by vehicles and support for individual entrepreneurs and small businesses.
- Solva expanded the options for microcredit purposes to include education, health, events, travel, and daily expenses.
- Solva plans to expand into Uzbekistan after not yet achieving bank status in Kazakhstan.
- Solva has updated its offerings to include 'Кредит под залог автомобиля' and 'Микрокредит под залог авто', replacing previous 'Залоговый микрокредит' options.
- Solva is offering a chance to win 6 million tenge for business support with a microcredit application using the promo code START from March 17 to May 31.
- On March 6, 2025, Solva introduced a new app version offering GRACE for transactions, Solva Lite card cancellation without restructuring, improved interbank transfers, a new card design, and a Lite debit card with a credit limit.
👔 Solva CEO, Management and Leadership Team
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Chief Technology Officer
[email protected] -
CEO MoneyMan/COO[email protected]
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Chief Executive Officer[email protected]
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Chief Financial Officer[email protected]
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Non Executive Director[email protected]
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Non Executive Director[email protected]
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CEO[email protected]
⚔️ Solva Alternatives and Competitors
- Alif |
- KMF |
- Lande |
- halykbank.kz |
- bcc.kz |
- onecredit.kz |
- moneypanda.com |
- Indel Money |
- MARS Auto |
- Ruixiude |
- Fengling Ruanjian
💼 Solva Hiring and Layoffs
- Adil Mukhamedzhanov, former top manager at Bereke Bank and Otbasy Bank, became the new CEO of Solva, replacing Aida Imasheva.
- Adilbek Inshibayev has joined Solva as Director of Sales by Key Partners Department in Kazakhstan, previously holding a position at another company.
- Solva, operating under the brand name of AO MFO OnlineKazFinance, offers full-time positions in Boraldai with salaries ranging from 160,000 to 300,000 KZT per month.
- Solva, a leader in online lending, is hiring a business trainer in Almaty to develop training programs and conduct product and skills training.
- Solva is currently hiring a Senior Product Analyst in Kazakhstan.
- Solva's Laboratory 3.0 program offers a three-month internship with a stipend of 235,000 tenge and guaranteed employment in Kazakhstan, as explained by Kamila Butasheva, the head of the laboratory.
🤖 Solva Developer, Integration and Automation News
📈 Solva Financials, Fundraising and Valuation News
- Solva will issue $10 million in coupon bonds at the Astana International Financial Centre starting April 16, with a maturity date of April 7, 2027.
- Solva's Capital Markets IR team, led by Rinat Aliyev, successfully closed a 5 billion KZT bond issuance with a 21% coupon for institutional investors, fully absorbed by local entities.
- In December 2024, Solva confirmed its ESG rating at level 3, with a score increase from 59 to 61, highlighting over 70% of its loans going to women and its initiatives in the 'Women's Business' program.
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