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Central Asia fintech news

Market updates on regulation, banking products, payments, deals and digital services across Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan and Azerbaijan.

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Market signals: August 20–23 week

Key events in the Central Asian fintech market for August 20–23

Kazakhstan introduces 14-day cooling-off period for loans and insurance

Starting October 2026, borrowers can cancel unsecured loans and bundled services without penalties. Banks are banned from using pre-checked boxes in apps.

Market Signals: August 18–21

Key events in the Central Asian fintech market: debt rotation and new KASE listings

Catalog pulse: August 10–17 week

What happened in the Central Asian fintech market: falling B2B app ratings, 24 releases, and new ARDFM rules

Market Signals: Week of August 6–13

Key fintech events in Central Asia: from KASE halting US Treasury trades to new crypto licenses in Uzbekistan

EU sanctions on Zolotaya Korona reshape Kazakhstan's money transfer market

Following the block on the system that controlled 83% of outbound transfers, Kazakhstanis will have to switch to Western Union and MoneyGram

Eurasian Bank analyzes transactions: retail client spending peaks on Saturday

Payment behavior research shows how banks can use data to shift from mass mailings to personalized offers

Kazakhstan's foreign cashless payments grow 10-fold in six years

The share of cashless payments abroad reached 93%. Online purchases and smartphone transfers drove the growth, while POS terminal transactions began to decline.

Kazakhstan's Unified QR Exposes Bank Tariff Battle for Business

The universal payment system was supposed to free entrepreneurs from keeping multiple terminals at the checkout. In practice, the interbank service proved noticeably more expensive than the banks’ own QR solutions.

Kaspi.kz completes acquisition of Rabobank in Turkey: the bank will become the financial base for Hepsiburada

The Kazakhstani fintech holding has officially closed the deal to acquire the Turkish bank. The company needs the license to launch financial services around the Hepsiburada marketplace.

Why Kazakhstani Beginners Abandon Investing After the First Dip

Opening a brokerage account takes just a few clicks, but beginners close them after the first dip—scared off by terminal jargon and a portfolio in the red.

KMF Bank Raises $10 Million from Turkic Investment Fund for Business Lending

This is the fund’s first deal in the region. The money will go to support small and medium-sized businesses trading with the organization’s member countries.