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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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UAE's Abu Dhabi Commercial Bank Registers New Subsidiary in Kazakhstan

UAE's Abu Dhabi Commercial Bank Registers New Subsidiary in Kazakhstan

The UAE investor has established a universal bank, capitalized it with 20 billion tenge, and plans to develop Islamic financing.

🇰🇿 Kazakhstan|DealsJune 11, 2026
Fitch Upgrades Outlook for Microcreditbank Following Uzbekistan's Sovereign Rating

Sovereign Rating

Fitch Upgrades Outlook for Microcreditbank Following Uzbekistan's

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|MarketsJune 11, 2026
Kazakhstan's Freedom Bank Connects to Tajikistan's Unified QR

Kazakhstan's Freedom Bank Connects to Tajikistan's Unified QR

The bank's clients can pay for purchases at 31,051 retail locations in the neighboring country via the app. The conversion from somoni to tenge and the exchange rate are displayed before the payment is confirmed.

🇰🇿 Kazakhstan|ПродуктJune 10, 2026
Uzbekistan Positions Central Asia as an Independent Financial Hub: What It Means for the Market

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|MarketsJune 10, 2026
Halyk Bank Prepares to Launch AI Assistant, Crypto Card, and Islamic Products

Halyk Bank Prepares to Launch AI Assistant, Crypto Card, and Islamic Products

Kazakhstan's largest bank is changing its retail business metrics, shifting focus to daily app audience and ecosystem usage frequency.

🇰🇿 Kazakhstan|AIJune 9, 2026
Halyk Bank Completes Acquisition of Online Cash Register Service re:Kassa

Halyk Bank Completes Acquisition of Online Cash Register Service re:Kassa

Kazakhstan's largest bank has become the direct owner of the fintech company, integrating it into its business services ecosystem.

🇰🇿 Kazakhstan|DealsJune 9, 2026
Uzpromstroybank establishes a dedicated department for neural networks

Uzpromstroybank establishes a dedicated department for neural networks

SQB has announced a search for the head of its AI division. The role will involve managing MLOps infrastructure, generative models, and AI Governance.

🇺🇿 Uzbekistan|ЛюдиJune 9, 2026
Islamic finance volume in Uzbekistan's MFOs grows eightfold

Islamic finance volume in Uzbekistan's MFOs grows eightfold

In the first quarter of 2026, microfinance organizations issued 11.2 billion soums under Sharia rules. This is a starting segment preparing the market for the launch of full-fledged Islamic banking.

🇺🇿 Uzbekistan|TrendsJune 7, 2026
Uzbekistan's Fintechs Test Package Subscriptions: Market Awaits Results of Click's Spring Pilot

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.

🇺🇿 Uzbekistan|ResearchJune 7, 2026
Eskhata Bank launches kids' wallet with parental control

Eskhata Bank launches kids' wallet with parental control

The Tajik bank has integrated financial services for users aged 7 to 16 into its main mobile app.

🇹🇯 Tajikistan|ПродуктJune 6, 2026
Uzbekistan to Launch AI-Scoring Business Credit Marketplace

Uzbekistan to Launch AI-Scoring Business Credit Marketplace

The platform will consolidate offers from various banks. By December 2026, the system will begin assessing borrowers without credit histories using alternative data.

🇺🇿 Uzbekistan|AIJune 6, 2026
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