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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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Umidjon Khakimov becomes Chairman of the Management Board of Ipak Yuli Bank

Umidjon Khakimov becomes Chairman of the Management Board of Ipak Yuli Bank

He replaces Saidabror Saidakhmedov, who led the Uzbek bank for the past eight years.

🇺🇿 Uzbekistan|PeopleJune 2, 2026
Ipak Yuli Bank Increases Credit Line from Islamic Corporation ITFC to $75 Million

Ipak Yuli Bank Increases Credit Line from Islamic Corporation ITFC to $75 Million

The Uzbek bank has expanded its partnership with the International Islamic Trade Finance Corporation. The funds will support export-import operations and domestic purchases for small businesses under the Murabaha standard.

🇺🇿 Uzbekistan|PartnershipJune 2, 2026
Payment service Paynet enters the top five largest taxpayers in Uzbekistan's service sector

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.

🇺🇿 Uzbekistan|MarketsJune 1, 2026
Central Bank of Uzbekistan prepares rules for the installment market

Central Bank of Uzbekistan prepares rules for the installment market

The regulator is discussing new approaches to BNPL service supervision with the Asian Development Bank. The focus is on consumer protection and data exchange with credit bureaus.

🇺🇿 Uzbekistan|ProductMay 26, 2026
Octobank introduces business credit line in Uzbekistan

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.

🇺🇿 Uzbekistan|ProductMay 25, 2026
Agrobank introduces mobile escrow service and business app

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.

🇺🇿 Uzbekistan|ProductMay 24, 2026
Central Bank of Uzbekistan and Webster University sign memorandum of cooperation

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.

🇺🇿 Uzbekistan|PartnershipMay 23, 2026
UzNIF Lists on the London Stock Exchange: First International Listing of an Uzbekistan National Asset

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.

🇺🇿 Uzbekistan|DealsMay 22, 2026
Click launches a subscription model with four tariff plans in Uzbekistan

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

🇺🇿 Uzbekistan|ProductMay 7, 2026
Uzum Bank Launches Travel Insurance in Its Mobile App

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

🇺🇿 Uzbekistan|ProductMay 6, 2026
Payme Expands Functionality with Plus Subscription for Commission-Free Transfers

Payme Expands Functionality with Plus Subscription for Commission-Free Transfers

Uzbek payment service offers a premium subscription with advanced features

🇺🇿 Uzbekistan|ProductMay 5, 2026
HUMO Keeps SMS Notification Costs at the Same Level

HUMO Keeps SMS Notification Costs at the Same Level

The Uzbek payment system is not raising tariffs for card SMS notifications

🇺🇿 Uzbekistan|ProductApril 30, 2026
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