Uzum (the “Company”), Uzbekistan’s leading digital ecosystem, today announced 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 represents a significant step-up from Uzum’s previous funding rounds and further strengthens the Company’s positioning ahead of its upcoming Series B.
The round also includes participation from existing international shareholders VR Capital, Tencent, and FinSight Ventures, highlighting strong global confidence in Uzum’s long-term growth and in Uzbekistan’s rapidly expanding digital economy.
Accelerating Uzum’s Next Phase of Growth
The new capital will support the expansion of Uzum’s core verticals, including e-commerce, digital banking, payments, and consumer lending. The Company plans to deepen its product offering, strengthen technology and logistics infrastructure, and expand access to digital financial and commerce services across Uzbekistan.
Uzum has built a fully integrated national digital ecosystem combining commerce and fintech platforms. Its services — including Uzum Market, Uzum Tezkor, Uzum Bank, and Uzum Nasiya — are used by more than 20 million people, representing over half of Uzbekistan’s population.
Global Conviction in Uzbekistan’s Digital Economy
The Investor brings long-term regional expertise and a strong focus on high-growth consumer and technology markets. The partnership reflects rising international interest in Uzbekistan as one of the most promising emerging digital economies globally.
“This investment is a strong endorsement of both Uzum’s strategy and Uzbekistan’s digital potential. We are focused on building 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 global shareholders, gives us strong momentum as we prepare for our Series B and continue scaling the Uzum ecosystem.”
— Djasur Djumaev, Founder and CEO of Uzum
Uzum was advised on the transaction by DLA Piper, while the Investor was advised by Greenberg Traurig.
