Uzum<\/b>, Uzbekistan\u2019s leading digital ecosystem, is pleased to announce the closing of a strategic investment exceeding\u00a0$130 million<\/b>, anchored by the sovereign entities of the\u00a0Sultanate of Oman<\/b>.<\/p>\n
The transaction combines primary equity and structured capital and establishes a\u00a0$2.3 billion pre-money valuation<\/b>\u00a0reference point, with conversion terms linked to the Company\u2019s next qualified financing round. The investment marks a significant step-up from Uzum\u2019s previous funding rounds and materially strengthens the Company\u2019s positioning ahead of its Series B.<\/p>\n
The transaction also includes participation from existing international shareholders VR Capital, Tencent, and FinSight Ventures, underscoring strong international confidence in Uzum\u2019s long-term growth and Uzbekistan\u2019s rapidly expanding digital economy.<\/p>\n
The capital will be used to accelerate Uzum\u2019s next phase of growth across its core verticals \u2014 e-commerce, digital banking, payments, and consumer lending \u2014 with a focus on expanding product depth, strengthening infrastructure, and increasing access to digital services nationwide. Uzum has built a fully integrated ecosystem combining commerce and fintech at a national scale. Its platforms \u2014 including Uzum Market, Uzum Tezkor, Uzum Bank, and Uzum Nasiya \u2014 are used by over 20 million people, representing more than half of Uzbekistan\u2019s population.<\/p>\n
The Investor brings long-term regional expertise and a strong focus on high-growth consumer and technology markets. The partnership reflects growing international interest in Uzbekistan as one of the most attractive emerging digital economies globally.<\/p>\n
\u201cThis investment is a strong endorsement of both Uzum\u2019s strategy and Uzbekistan\u2019s digital potential,\u201d<\/i>\u00a0commented\u00a0Djasur Djumaev, Founder and CEO of Uzum.<\/b><\/p>\n
\u201cWe are focused on building an infrastructure of national scale \u2014 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.\u201d<\/i><\/p>\n
Uzum was advised on this transaction by DLA Piper. The Investor was advised by Greenberg Traurig.<\/p>\n","protected":false},"excerpt":{"rendered":"
Uzum, Uzbekistan\u2019s leading digital ecosystem, is pleased to announce the closing of a strategic investment exceeding\u00a0$130 million, anchored by the sovereign entities of the\u00a0Sultanate of Oman. The transaction combines primary equity and structured capital and establishes a\u00a0$2.3 billion pre-money valuation\u00a0reference point, with conversion terms linked to the Company\u2019s next qualified financing round. The investment marks […]<\/p>\n","protected":false},"author":5,"featured_media":12569,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[91,39,130,43,107,87,3724,15,31,27],"tags":[8228,33895,33903,33927,33917,29564,31212,33929,33933,15056,33937,33915,3198,33931,33935,33939,5644,17070,33905,33899,33909,33907,19958,33901,33897,33889,33913,33893,33891,33923,33919,33925,33921,33911],"class_list":["post-12566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arab-countries-en","category-business-economy-en","category-featured-en","category-finance-investment-en","category-funding-round","category-gcc-en","category-oman","category-press-releases","category-startups","category-technology","tag-uzbekistan","tag-130-million","tag-2-3-billion","tag-20-million","tag-consumer-lending","tag-digital-banking","tag-digital-ecosystem","tag-djasur-djumaev","tag-dla-piper","tag-e-commerce","tag-emerging-digital-economies","tag-finsight-ventures","tag-fintech","tag-founder-and-ceo","tag-greenberg-traurig","tag-international-shareholders","tag-investor","tag-payments","tag-pre-money-valuation","tag-primary-equity","tag-qualified-financing-round","tag-series-b","tag-strategic-investment","tag-structured-capital","tag-sultanate-of-oman","tag-tashkent","tag-tencent","tag-the-sultanate-of-oman","tag-uzum","tag-uzum-bank","tag-uzum-market","tag-uzum-nasiya","tag-uzum-tezkor","tag-vr-capital"],"yoast_head":"\n