Central Asia fintech news
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Octobank introduces business credit line in Uzbekistan
The bank showcased corporate products with a stated rate starting at 21% and reported donating funds saved on exhibition stand construction to an oncology center.
Agrobank introduces mobile escrow service and business app
At a press conference in Tashkent, the bank announced the launch of Uzbekistan’s first mobile escrow accounts and showcased the Agrozamin ecosystem.
Central Bank of Uzbekistan and Webster University sign memorandum of cooperation
The regulator plans to develop its scientific and analytical potential and implement solutions based on academic research in the financial sector.
UzNIF Lists on the London Stock Exchange: First International Listing of an Uzbekistan National Asset
The National Investment Fund placed global depositary receipts on the LSE, raising $692 million including the overallotment option.
Click launches a subscription model with four tariff plans in Uzbekistan
The payment service has been testing Click Subscription on a limited group of users since May 8
Uzum Bank Launches Travel Insurance in Its Mobile App
The Uzbek bank has added the ability to issue travel insurance online with coverage in any country in the world
Payme Expands Functionality with Plus Subscription for Commission-Free Transfers
Uzbek payment service offers a premium subscription with advanced features
HUMO Keeps SMS Notification Costs at the Same Level
The Uzbek payment system is not raising tariffs for card SMS notifications
Click expands scheduled and event-based auto-payment capabilities
The Uzbek service offers auto-replenishment of balances upon reaching a threshold for Beeline, Ucell, and UzMobile
Click raises payment monitoring fee to 4,999 UZS
The Uzbek payment service increased the cost of its card transaction tracking service from April 1
Paynet launches Nasiya installment plan with no down payment
The Uzbek payment system offers installment purchases through a partner network of 400+ stores
Tenge Bank joins the Central Asian Fintech Association
The Uzbek bank, part of the Halyk Bank group, has become a new member of the regional fintech association