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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.
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.
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Uzum secures over $130 million in strategic investment led by the sovereign entities of the Sultanate of Oman
HAIKOU, China, March 10, 2026 /PRNewswire/ -- A news report from China Daily:
The Rivers Yuanhang Mixed Securities Investment Fund, managed by Rivers Fund Management Co Ltd — officially opened for subscriptions to qualified overseas investors on March 3. The offering follows the issuance of the Implementation Rules for the Cross-Border Asset Management Pilot Business in the Hainan Free Trade Port by the Hainan branch of the People's Bank of China. It marks the first public fund accessible to international investors under the pilot program, representing a significant milestone in the financial opening in the Hainan FTP.
According to the 2025 pilot framework, the initial quota for this cross-border business is capped at 10 billion yuan ($1.38 billion). Overseas investors are allowed to use both onshore and offshore funds to buy four categories of asset management products issued by Hainan-based financial institutions — including wealth management, public and private funds, as well as insurance asset management products.
To ensure robust and compliant operations, Rivers Fund has established a comprehensive regulatory mechanism and conducted multiple rounds of system testing in partnership with the Shanghai Pudong Development Bank Haikou Branch. While the company initially focused on private asset management plans, the updated prospectus now officially includes provisions of public fund subscriptions to qualified international buyers.
Wang Shaohui, vice-president of the Bank of China Hainan Financial Research Institute, noted that the pilot program leveraged Hainan's institutional advantages to bridge domestic and international capital markets. By providing more channels for foreign investment, Hainan is aiming to strengthen its strategic position as a key gateway for China's "dual circulation" economic strategy — and to attract more global asset management institutions to the FTP.
Feel free to email us with any requests and suggestions: intlservices@hainan.gov.cn
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Hainan FTP launches public fund for international investors
