Kazakhstan-based startup Partners Pay, a platform that automates workflows for companies engaging large numbers of freelancers and self-employed workers, has secured $300,000 in investment. The funding came from well-known entrepreneur and investor Askhat Sagdiev, shareholder and Chairman of the Board at MOST Holding. The company was valued at $4 million at the time of the deal.
CEO Azamat Zharilkassyn emphasized that the team always aims to attract smart money:
“Askhat perfectly fits this philosophy. His experience in finance, the stock market, and investment fully aligns with our goals and the direction of Partners Pay’s development,” he said.
With this investment, the startup has successfully closed its bridge round ahead of its Pre-Series A. The capital will be used to strengthen its presence in Kazakhstan and accelerate expansion into Uzbekistan.
The startup is actively growing its technical and operational teams to increase execution speed, as demand has outpaced their onboarding capacity in recent months. Sales activities have resumed after the team managed to clear most of the backlog. Partners Pay has also begun integrating various Visa services, which requires additional certifications and investment.
Partners Pay’s key objectives through the end of 2026 include:
- Strengthening its market position in Kazakhstan and scaling rapidly in Uzbekistan
- Reaching 150 million tenge in MRR
- Achieving operational profitability
- Expanding integrations with banks and launching new banking products
- Rolling out new financial solutions, including Payout Financing — a short-term funding tool that helps businesses cover cash gaps and ensure timely payments to contractors
Partners Pay is a Kazakhstan-based fintech ecosystem providing tools for instant mass payouts, HR digital document management, and automated accounting tailored for the gig economy.
