News

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: September 3–10, 2026

What changed in mobile banking apps across Central Asia and the Caucasus

Fitch Upgrades Outlook for Microcreditbank Following Uzbekistan's Sovereign Rating

The international agency improved the outlook for seven state-owned banks in the country. The assessment relies on state support rather than the banks’ independent performance.

Uzbekistan Positions Central Asia as an Independent Financial Hub: What It Means for the Market

President Shavkat Mirziyoyev announced the region’s transformation into an independent center of economic growth. For the financial sector, this is a political signal that could be followed by the localization of payment infrastructure.

Uzbekistan's Fintechs Test Package Subscriptions: Market Awaits Results of Click's Spring Pilot

In May, Click conducted a closed test of a new tariff line. A mass launch is still in preparation, but the pilot itself confirms that payment services are looking for new monetization models.

TBC Bank Group Buys OLX in Uzbekistan: Regulator Approves Deal with Conditions

The Competition Committee allowed a TBC entity to acquire 100% of the classifieds service but prohibited it from imposing its own payment services on users.

From 15 Million Tenge: What Kazakhstan's Banks Offer Private Banking Clients

The premium service market is expanding beyond a narrow circle of the ultra-rich. We break down the conditions, entry thresholds, and main services for wealthy clients.

Payment service Paynet enters the top five largest taxpayers in Uzbekistan's service sector

The company paid 115 billion soums in taxes in the first quarter. The fintech sector is beginning to compete with telecom and aviation in terms of revenue.

Premium banking in Kazakhstan: entry threshold drops to 15 million tenge

The share of medium-sized deposits is growing, and banks are adapting VIP services for a new audience.

Interbank Mobile Payment System in Kazakhstan expands to 12 banks

NPCK connects new participants to the interbank phone number transfer system

Kazakhstan's venture capital market may reach $400 million in 2026

Venture investments in Kazakhstan startups could double thanks to the Alem.ai fund and foreign capital

Kazakhstan's President Shown First Crypto Payment via Domestic System CryptoPay

Kassym-Jomart Tokayev witnessed the demonstration of the country’s first cryptocurrency payment of 120,000 tenge.