Uzbekistan’s Uzum Valuation Leaps Over 50% In 7 Months To $2.3B

Uzbekistan’s Uzum Valuation Leaps Over 50% In 7 Months To $2.3B

Uzum Valuation Hits $2.3B — Uzbekistan's Digital Rise Uzbekistan's leading fintech startup, Uzum, has reached a $2.3 billion valuation — a staggering 53% jump in just seven months. A $131.5 million funding round led by Omani sovereign wealth funds is fueling the company's rapid ascent. With over 20 million users and a pre-IPO raise on the horizon, Uzum is rewriting what's possible in Central Asia's digital economy. Why Investors Are Suddenly Paying Attention to Uzbekistan For years, Central Asia flew under the radar of global investors. That's changing fast. Uzbekistan — the region's most populous country — is experiencing a digital transformation driven by a young, tech-hungry population, surging smartphone adoption, and critically low penetration of online retail and banking services. That combination is exactly the kind of untapped market that investors dream about. Where infrastructure is limited but demand is growing, the companies that move first tend to…