News

Central Asia fintech news

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

Page 12

Kazakhstan's insurance market: Annuities accelerate amid rising mandatory insurance thresholds

Regulatory changes in Kazakhstan’s insurance sector have driven demand for annuity products and a market reassessment.

ARDFM tightens rules for MFIs and debt collectors: a new wave of regulatory reform

The Kazakh regulator continues to tighten requirements for microfinance organizations and debt collection companies.

Apple Pay officially launches in Kyrgyzstan and Tajikistan

Local banks have opened access to contactless smartphone payments for customers. Uzbekistan is still preparing its legal framework for the launch.

Uzbekistan zeroes crypto fees for Besqala mining zone residents until 2035

Companies in Karakalpakstan receive a long-term tax break on digital asset operations.

ITFC Allocates $75 Million to Ipak Yuli Bank for Islamic Financing of SMEs and Women's Entrepreneurship

The International Islamic Trade Finance Corporation provided a syndicated credit line to the Uzbek bank to expand Sharia-compliant products.

Uzbekistan's banking sector in Q2 2026: Record profit, NPL decline, and de-dollarization

Bank net profit grew 67% amid outpaced deposit growth and improved credit portfolio quality.

Uzbekistan and China's CFES discuss localizing ATM and POS terminal production

Authorities are negotiating the assembly of banking equipment and technology transfer

TBC Bank Group acquires controlling stake in OLX Uzbekistan to integrate fintech services

The Georgian financial group closed a deal to buy Uzbekistan’s largest classifieds platform, gaining direct access to five million users.

Weekly Updates: Unified QR in Kazakhstan, AI Subscriptions, and Marketplace Installments

What changed in mobile banking apps across Central Asia and the Caucasus from July 17–24, 2026

Paynet launches cashback program for identified users

The Uzbek payment service offers 5% cashback for in-app identity verification.

IFC makes first investment in Uzbekistan under private sector catalytic funding program

The International Finance Corporation has launched a program to support private business development in the country

Central Bank of Uzbekistan proposes minimum income requirement for microloans

The regulator is tightening microcredit rules as the market portfolio hits 48.9 trillion soums.