Uzum, the Uzbekistan-based digital super-app combining E-COMMERCE, digital banking, payments, and consumer lending across Central Asia, is planning a $250–300 million pre-IPO funding round by year-end, ahead of a potential public listing in 2027, according to founder and CEO Djasur Djumaev. Backed by Tencent, VR Capital, FinSight Ventures, and sovereign entities from Oman, the company reached a $2.3 billion valuation in March 2026, a 53% jump in seven months after reporting $691 million in revenue, $176 million in net income, and $11 billion in payment volume in 2025. With 20 million monthly active users, more than half of Uzbekistan’s adult population, and 4.1 million debit cards issued, Uzum has become the dominant digital financial platform in Central Asia, with potential listing venues including Hong Kong, London, Abu Dhabi, and Nasdaq under consideration.
Tencent-Backed Fintech Uzum Plans New Funding Round by Year-End
