Tag: uzbekistan

Uzum has raised $70m in equity financing to accelerate the expansion of its financial and e-commerce services across the country. The latest round was led...

Alif, a prominent FinTech company operating in Central Asia, has secured a $20m debt investment from Accial Capital, a US-based impact private credit fund manager.

TBC Bank Uzbekistan (TBC UZ), the country’s leading mobile-only bank, has secured a $10m loan from the European Bank of Reconstruction and Development (EBRD).

Uzbek mobile bank TBC, a subsidiary of the TBC Group, has secured a $10m credit facility from impact investment firm responsAbility. According to Finextra...

Uzum, alongside prominent international investors, has set its sights on a substantial $300 million investment to fuel the growth of Uzbekistan's burgeoning digital economy.

Swiss authorities recently took action against the daughter of Uzbekistan's former president, accusing her of crimes such as money laundering and bribery. This resulted in an asset freeze to the tune of $483m.

TBC Bank goes live in Uzbekistan, powered by Capital Banking Solutions's integrated banking software solutions CapitalBanker and CapitalConnect.