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Fintech of Uzbekistan

Uzbekistan is one of the fastest-growing fintech markets in the region: a large young audience, mobile-first onboarding and demand for payments, instalments and e-commerce. On top of the UzCard and Humo national processing, the Payme and Click payment apps have grown, while the Uzum marketplace is developing a super-app model and BNPL. This topic gathers news about banks, payment infrastructure and regulation so that a coherent market becomes visible behind the individual headlines.

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🇺🇿 Market profile: UzbekistanKey metrics, companies and market newsWhat fintech is in Uzbekistanhow payments, marketplaces and digital services are structuredPayments in Uzbekistannational processing, cards, QR and merchant infrastructureWallets and super-apps of Uzbekistanmobile wallets, marketplaces and super-apps of the marketBanking software market mapwho builds core banking, loan origination, payments and integrations in the regionWhat it costs to launch a neobankregulatory capital, three build scenarios and launch timelinesUzbekistan profileindex, market participants and country contextAll Uzbekistan newsfeed of market materialsPaymentsprocessing, transfers, QR and merchant infrastructureBNPL in Central Asiaregional context of instalments and embedded finance

Topic map

Why the market is growing

Uzbekistan combines a large audience, rapid mobile-first onboarding and notable demand for payments, instalments, e-commerce and services for small businesses.

Where the infrastructure core is

On top of the national processing and banking layer, apps, merchant services, marketplaces and new consumer lending models are developing.

What matters to track

Signals on payment rules, infrastructure openness, BNPL, super-app competition and cross-border links with Kazakhstan and Kyrgyzstan.

Where to start

The hub connects Uzbekistan news with the market's foundational materials, so that fresh publications reinforce the topic's permanent page.

Latest materials

Notification Procedure: Uzbekistan Requires Marketplaces and Streaming Services to Report Operations to NAPP

Notification Procedure: Uzbekistan Requires Marketplaces and Streaming Services to Report Operations to NAPP

E-commerce platforms and order aggregators must submit data via the agency’s system using OneID. The regulator will compile a public registry of legal operators.

🇺🇿 Uzbekistan|RegulationAugust 22, 2026
Foreign Banks Get Green Light to Open Branches in Enterprise Uzbekistan

Foreign Banks Get Green Light to Open Branches in Enterprise Uzbekistan

Uzbekistan will allow foreign banks to establish a physical presence within its new special economic zone.

🇺🇿 Uzbekistan|ProductAugust 22, 2026
Only 4% of Uzbekistanis Use Bank Deposits to Save Money

Only 4% of Uzbekistanis Use Bank Deposits to Save Money

Despite broad access to banking services, the culture of saving through deposits remains low in Uzbekistan.

🇺🇿 Uzbekistan|ResearchAugust 22, 2026
Payment company Paynet opens physical crypto store Voluto in Tashkent

Payment company Paynet opens physical crypto store Voluto in Tashkent

The new project allows citizens and foreigners to buy and sell USDT for cash after mandatory identity verification.

🇺🇿 Uzbekistan|ProductAugust 21, 2026
Uzbekistan to Subsidize Half of AI Implementation Costs for Businesses

Uzbekistan to Subsidize Half of AI Implementation Costs for Businesses

The government is launching the “AI Partner for 10,000 Enterprises” program with a $100 million budget for its first phase.

🇺🇿 Uzbekistan|AIAugust 20, 2026
Uzbekistan to ban web-based P2P transfers and tighten bank app logins

Uzbekistan to ban web-based P2P transfers and tighten bank app logins

Starting November 16, banks and payment services will bear full financial responsibility for fraudulent transfers made without OTP codes.

🇺🇿 Uzbekistan|NewsAugust 18, 2026
Alif raises $10 million to develop installment plans in Uzbekistan: BNPL funding ahead of regulatory changes

Alif raises $10 million to develop installment plans in Uzbekistan: BNPL funding ahead of regulatory changes

Fintech company Alif secures investment to scale installment services ahead of the 2027 launch of licensed operators

🇺🇿 Uzbekistan|FundingAugust 18, 2026
Uzbekistan overhauls installment purchase rules: new requirements for consumers and operators

Uzbekistan overhauls installment purchase rules: new requirements for consumers and operators

A government decree introduces an updated regulatory framework for installment services, including purchase limits and mandatory Central Bank registration.

🇺🇿 Uzbekistan|ProductAugust 18, 2026

Key areas

Payments
  • Uzbekistan to ban web-based P2P transfers and tighten bank app loginsAugust 18, 2026
  • Two cards in one wallet: How Uzbekistanis pay and transfer money in banking ecosystemsJuly 16, 2026
  • Uzbekistan Prepares to Launch Apple Pay and Google Pay: Central Bank Confirms Start of Technical WorkJuly 11, 2026
Banking products
  • From Retail to B2B: How TBC Bank Assesses the Transformation of Uzbekistan's Financial MarketJuly 9, 2026
  • Rustam Shanazarov Becomes Co-Founder and Partner of Uzbekistan IT Company WOOXJune 23, 2026
  • UX/UI for Business: Design That Saves MoneyJune 22, 2026
Deals
  • Paynet enters the investment market: company buys stake in GoInvest brokerAugust 17, 2026
  • Fintech Association of Uzbekistan announces partnership with international organizationAugust 14, 2026
  • ITFC Allocates $75 Million to Ipak Yuli Bank for Islamic Financing of SMEs and Women's EntrepreneurshipJuly 29, 2026
Regulation
  • Notification Procedure: Uzbekistan Requires Marketplaces and Streaming Services to Report Operations to NAPPAugust 22, 2026
  • Central Bank of Uzbekistan allows banking app registration using a relative's phone numberAugust 17, 2026
  • Uzbekistan's NAPP proposes stricter controls for crypto providersAugust 16, 2026