Solva | Latest News & Updates - Mar 11, 2025 Release
Solva plans to expand into Uzbekistan after not yet achieving bank status in Kazakhstan...
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Solva
🌎 solva.kzSolva 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.
Solva - Latest News and Updates
- Solva plans to expand into Uzbekistan after not yet achieving bank status in Kazakhstan.
- Adil Mukhamedzhanov, former top manager at Bereke Bank and Otbasy Bank, became the new CEO of Solva, replacing Aida Imasheva.
- 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 won the PLUS Award 2023 for the best ESG initiative in finance and became the first company in Kazakhstan to join the 2XGlobal gender capital distribution initiative.
- 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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