TASHKENT, Uzbekistan, March 10, 2026 /PRNewswire/ -- Uzum (the "Company"), Uzbekistan's leading digital ecosystem, is pleased to announce the closing of a strategic investment exceeding $130 million, anchored by the sovereign entities of the Sultanate of Oman (the "Investor").

The transaction combines primary equity and structured capital and establishes a $2.3 billion pre-money valuation reference point, with conversion terms linked to the Company's next qualified financing round. The investment marks a significant step-up from Uzum's previous funding rounds and materially strengthens the Company's positioning ahead of its Series B.

The transaction also includes participation from existing international shareholders VR Capital, Tencent, and FinSight Ventures, underscoring strong international confidence in Uzum's long-term growth and Uzbekistan's rapidly expanding digital economy.

The capital will be used to accelerate Uzum's next phase of growth across its core verticals -- e-commerce, digital banking, payments, and consumer lending -- with a focus on expanding product depth, strengthening infrastructure, and increasing access to digital services nationwide. Uzum has built a fully integrated ecosystem combining commerce and fintech at a national scale. Its platforms -- including Uzum Market, Uzum Tezkor, Uzum Bank, and Uzum Nasiya -- are used by over 20 million people, representing more than half of Uzbekistan's population.

Global conviction in Uzbekistan's growth story

The Investor brings long-term regional expertise and a strong focus on high-growth consumer and technology markets. The partnership reflects growing international interest in Uzbekistan as one of the most attractive emerging digital economies globally.

"This investment is a strong endorsement of both Uzum's strategy and Uzbekistan's digital potential," commented Djasur Djumaev, Founder and CEO of Uzum.

"We are focused on building an infrastructure of national scale -- technology-driven, inclusive, and designed for everyday use by millions of people and businesses. The support from the Investor, alongside our existing global shareholders, gives us strong momentum as we prepare for Series B and continue scaling our ecosystem."

Uzum was advised on this transaction by DLA Piper. The Investor was advised by Greenberg Traurig.

Photo -
Logo -

View original content:https://www.prnewswire.co.uk/news-releases/uzum-secures-over-130-million-in-strategic-investment-led-by-the-sovereign-entities-of-the-sultanate-of-oman-302708643.html

Images

Tags

More Like This

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

Uzum boosts net income 50% in 1H 2024, prepares for Series B funding round

Uzum Boosts Net Income 50% in 1H 2024, Prepares for Series B Funding Round

Uzum Holding Ltd ("Uzum" or "the Company") FY2024 Results

Uzum Bank Issues 1.5 Million Cards and Launches Nationwide Access to Plastic Cards

Uzbekistan Sees Foreign Investment Growth of over 60 per cent in 2024

Fuze raises $14mn - largest Seed round for digital assets start-up in Middle East

Sygnum raises more than USD 40 million in interim close of oversubscribed financing round