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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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AI startup with roots in Tajikistan raises $17 million for a credit scoring system

AI startup with roots in Tajikistan raises $17 million for a credit scoring system

Entrepreneur Azizjon Azimi’s solution automates loan issuance and is already operating in 20 countries.

🇹🇯 Tajikistan|FundingJuly 8, 2026
Uzbekistan Builds First Regional Green Data Center TAS-1: 12 MW with AI Readiness by December

Uzbekistan Builds First Regional Green Data Center TAS-1: 12 MW with AI Readiness by December

DataVolt will deploy heavy computing infrastructure in Tashkent’s IT Park. The project aims to support the market’s transition from basic outsourcing to exporting complex IT services worth $5 billion by 2030.

🇺🇿 Uzbekistan|AIJuly 8, 2026
KMF Bank Raises $10 Million from Turkic Investment Fund for Business Lending

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.

🇰🇿 Kazakhstan|MarketsJuly 7, 2026
Uzbekistan and Kyrgyzstan Launch Cross-Exchange Cooperation: UzEx Integrates with EVDE

Uzbekistan and Kyrgyzstan Launch Cross-Exchange Cooperation: UzEx Integrates with EVDE

Uzbekistan’s UzEx exchange has partnered with Kyrgyzstan’s EVDE exchange to expand trading in the region.

🇺🇿 Uzbekistan|PartnershipJuly 7, 2026
Kazakhstan Secures Billion-Dollar Investments in Basic and Digital Infrastructure

Kazakhstan Secures Billion-Dollar Investments in Basic and Digital Infrastructure

IsDB expands its portfolio to $3 billion, while VEON will invest $1 billion in AI and data centers

🇰🇿 Kazakhstan|AIJuly 3, 2026
Weekly Updates: Ecosystem Subscriptions, Consent Management, and Marketplace Installments

Weekly Updates: Ecosystem Subscriptions, Consent Management, and Marketplace Installments

What’s new in mobile banking apps across Central Asia and the Caucasus for June 26 – July 3, 2026

🇰🇿 Kazakhstan|DigestJuly 3, 2026
Freedom Holding and Citi to Build an AI Supercluster in Kazakhstan

Freedom Holding and Citi to Build an AI Supercluster in Kazakhstan

The Ministry of AI, Freedom Holding Corp., and Citi have signed a memorandum to create a large-scale data center for neural networks. The first phase of the project will launch in 2027.

🇰🇿 Kazakhstan|AIJuly 3, 2026
Central Bank Develops System to Abolish 'Wage Slavery' in Uzbekistan

Central Bank Develops System to Abolish 'Wage Slavery' in Uzbekistan

The launch of the Taqsim platform has been delayed due to the technical unreadiness of commercial banks.

🇺🇿 Uzbekistan|SecurityJuly 3, 2026
Pax Finance Receives Kazakhstan's First Crypto Exchange License

Pax Finance Receives Kazakhstan's First Crypto Exchange License

The National Bank has issued the first permit for digital asset operations outside the AIFC jurisdiction. The company will be able to install crypto ATMs nationwide.

🇰🇿 Kazakhstan|NewsJuly 2, 2026
Travel-Tech: How Banks Are Becoming the Main Tour Operators

Travel-Tech: How Banks Are Becoming the Main Tour Operators

The expectation of 360° support versus the fear of facing a flight cancellation alone in a foreign country.

🇰🇿 Kazakhstan|ResearchJuly 2, 2026
From Spending to Saving: Why Kazakh PFM Services Need a Reboot

From Spending to Saving: Why Kazakh PFM Services Need a Reboot

Why automatic analytics “lie” and why advanced users still track their finances manually in spreadsheets.

🇰🇿 Kazakhstan|ResearchJuly 2, 2026
Digital Emotions: How Kazakhstani Fintech Ecosystems Are Capturing the Entertainment Market

Digital Emotions: How Kazakhstani Fintech Ecosystems Are Capturing the Entertainment Market

Why banks remain mere ticket offices and how to overcome the “serious interface” barrier during moments of leisure.

🇰🇿 Kazakhstan|ResearchJuly 2, 2026
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