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On April 20, the Kazakhstan financial technology company Kaspi.kz announced that Tencent, along with the company's management and long-term investors, had completed the acquisition of 6 million American Depositary Shares from the Warburg Pincus FinTech Venture Fund. Kaspi stated that in addition to Tencent, other buyers included financial technology investment company Spice Expeditions, as well as American university endowment funds such as the University of Washington and the University of Wisconsin Foundation. (Jiemian).
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