Uzbekistan

Uzbekistan’s first unicorn, Uzum, leaps to a $1.5B valuation

At a time when the world feels increasingly divided between East and West, Uzbekistan has emerged as a rare middle ground, as the Central Asian nation’s homegrown unicorn, Uzum, has raised $65.5 million in a new funding round co-led by China’s Tencent and the New York- and London-based VR Capital, with participation from U.S.-based FinSight […]

Uzbekistan’s first unicorn, Uzum, leaps to a $1.5B valuation Read More »

Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products

Uzbekistan’s mobile-exclusive bank, TBC Bank Uzbekistan, has raised $37 million in a new funding round to bolster its dominating digital presence in the Central Asian nation by developing new AI and tech products and attracting more tech-savvy customers. The fresh investment, made by the bank’s London-based parent TBC Group, comes just five months after it

Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products Read More »

Uzbekistan mobile bank TBC raises $38.2M to expand its financial products

Uzbekistan’s only mobile-exclusive bank, TBC Bank Uzbekistan, owned by London Stock Exchange-listed TBC Bank Group, has raised $38.2 million in a fresh equity investment. It plans to expand its local presence in the country and introduce new financial products, as well. TBC Bank Group has led the latest funding in TBC Bank Uzbekistan by infusing

Uzbekistan mobile bank TBC raises $38.2M to expand its financial products Read More »