Uzbekistan’s leading digital ecosystem, Uzum, has secured a strategic investment exceeding $130m in a deal that underscores growing international confidence in the country’s rapidly expanding digital economy.
The company operates a broad digital platform that combines e-commerce, digital banking, payments and consumer finance services for millions of users across the country.
The funding round was anchored by sovereign entities from the Sultanate of Oman, which led the strategic investment.
The transaction combines primary equity and structured capital and establishes a $2.3bn pre-money valuation reference point for the company. Conversion terms for the structured capital are linked to Uzum’s next qualified financing round. The investment also attracted participation from existing international shareholders VR Capital, Tencent and FinSight Ventures, signalling continued support from global investors.
Uzum has developed a fully integrated ecosystem that blends commerce and financial services on a national scale. Its portfolio of platforms includes Uzum Market, an online marketplace, Uzum Tezkor, a rapid delivery service, Uzum Bank, a digital banking platform, and Uzum Nasiya, which offers consumer lending solutions.
Together, these services are used by more than 20 million people, representing over half of Uzbekistan’s population, positioning the company as one of the most influential players in the region’s digital transformation.
The newly secured capital will be used to accelerate the next stage of the company’s expansion across its core verticals, including e-commerce, digital banking, payments and lending. Uzum intends to deepen its product offerings, enhance its infrastructure and broaden nationwide access to digital financial services.
By scaling these services further, the company aims to strengthen its role in supporting financial inclusion and digital commerce throughout Uzbekistan.
The investment represents a notable step up from Uzum’s previous funding rounds and places the company in a stronger position as it prepares for a future Series B financing. The involvement of sovereign investors from Oman highlights increasing international interest in Uzbekistan as an emerging digital economy and reflects broader investor appetite for high-growth technology and consumer markets across Central Asia.
Uzum founder and CEO Djasur Djumaev said, “This investment is a strong endorsement of both Uzum’s strategy and Uzbekistan’s digital potential.”
He added, “We are focused on building an infrastructure of national scale — technology-driven, inclusive, and designed for everyday use by millions of people and businesses. The support from the Investor, alongside our existing global shareholders, gives us strong momentum as we prepare for Series B and continue scaling our ecosystem.”
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