Uzbekistan News

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Discover all the payments and fintech-related news and analysis about Uzbekistan in The Paypers News, Reports, along with other Uzbekistan-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Uzbekistan in The Paypers News, Reports, along with other

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Uzbekistan suspends the use of Russia's Mir payment cards

News | Payments General | 26 Sep 2022

Uzbekistan's UZCARD has suspended payments processing through Mir cards issued by Bank of Russia's National Card Payment System due to necessary technical procedures.

payment processing, financial sanctions, online payments, payment processor

Uzum raises USD 114 million in funding

News | Payments General | 26 Mar 2024

Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion. 

funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce

UnaFinancial joins forces with JSCB Microcreditbank

News | Online & Mobile Banking | 24 May 2024

Digital financial solutions provider UnaFinancial has partnered with JSCB Microcreditbank to deliver instalment loans to micro-entrepreneurs with 3, 6, and 9-month repayment terms. 

lending, SMEs, expansion, partnership, digital banking, instalment payments

TBC secures USD 10 mln

News | Payments General | 21 Jun 2024

TBC Bank Uzbekistan has secured a USD 10 million credit line from responsAbility Investments AG, a Switzerland-based impact investor.

funding, investment, digital banking, banks, financial inclusion

TBC Bank Uzbekistan secures USD 38.2 million equity investment

News | Online & Mobile Banking | 12 Jul 2024

TBC Bank Uzbekistan has announced the rise of USD 38.2 million in equity investment from shareholders in order to leverage its rapid and profitable growth. 

funding, investment, expansion, banking, online banking, mobile banking, digital banking, financial services, financial institutions

TBC Bank Uzbekistan secures USD 25 million

News | Online & Mobile Banking | 30 Aug 2024

Mobile-only financial institution TBC Bank Uzbekistan has secured USD 25 million from BlueOrchard, to further expand its ecosystem and facilitate financial inclusion.

funding, financial inclusion, banking, financial services, financial institutions