TBC Uzbekistan Leverages $37M to Fuel AI-Driven Financial Innovation
TBC Uzbekistan, a leading mobile-only bank, secures $37M to fuel AI-driven innovation and expand its product offerings.
Matilda
TBC Uzbekistan Leverages $37M to Fuel AI-Driven Financial Innovation
TBC Bank Uzbekistan, a leading mobile-only bank in Central Asia, has secured a substantial $37 million in funding to accelerate its digital transformation and introduce groundbreaking AI-powered financial products. This strategic investment, led by its parent company, TBC Group, underscores the bank's commitment to reshaping the future of banking in Uzbekistan. A Digital-First Approach Since its inception in 2020, TBC Uzbekistan has rapidly gained traction by offering a seamless mobile banking experience. Its user-friendly app empowers customers to effortlessly open accounts, access loans, and manage finances from the convenience of their smartphones. With a strong focus on digital innovation, the bank aims to cater to the growing tech-savvy population of Uzbekistan, particularly the under-30 demographic. Leveraging AI for Enhanced Customer Experience The newly acquired funds will be instrumental in driving the bank's AI initiatives. TBC Uzbekistan plans to deploy advanced AI tech…