Tag : Uzum

Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation
Artificial Intelligence Fintech News

Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation

PR Newswire
Funding to accelerate the expansion of Uzbekistan’s leading fintech platform and e-commerce ecosystem Uzum raises nearly $70 million in equity financing led by Tencent and VR Capital, with participation from FinSight Ventures Uzum’s valuation surges to ~$1.5 billion post-money, reflecting the company’s rapid growth across fintech and e-commerce Uzum Bank has emerged as the fastest-growing digital bank in Uzbekistan,......
Uzum Aims to Invest $300 Million in Uzbekistan’s New Economy Alongside Prominent International Investment Funds
Investment Services News

Uzum Aims to Invest $300 Million in Uzbekistan’s New Economy Alongside Prominent International Investment Funds

PR Newswire
Uzum alongside prominent international investors plans to invest $300 million to fund further growth of the digital economy in Uzbekistan. Investments are planned to be allocated towards accelerating expansion of e-commerce, digital banking and fintech services offered by Uzum Group as well as expanding the company’s own logistics infrastructure. The investment round will......
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