Uzum is seeking a final pre-IPO funding round in Hong Kong next year, following its USD 70 million investment from Tencent Holdings.

Uzum, Uzbekistan’s first unicorn, has reportedly begun assessing several international stock exchanges, including London, for a potential listing in 2027.

The Ukraine-Moldova American Enterprise Fund (UMAEF) has announced an equity investment in Fintech-IT Group, a Ukrainian developer of digital banking technology.

RedotPay, a fintech focused on stablecoin-based payments, has closed a USD 47 million strategic funding round and achieved unicorn status.

Tamara, one of the first Saudi fintech unicorns, has secured an asset-backed facility of up to USD 2.4 billion from important financial institutions, including Goldman Sachs, Citi, and Apollo funds.

Financial institution and AI-enabled platform for Latin American SMEs Kapital has closed its up to USD 100 million Series C funding round, reaching a valuation of USD 1.3 billion.

Uzbekistan-based unicorn Uzum has been considering ways to raise funds as soon as next year as local firms look to international markets for capital.

Uzbekistan unicorn Uzum has raised USD 65.5 million is latest funding round, co-led by China’s Tencent and the New York- and London-based VR Capital, with participation from US-based FinSight Capital.