Uzum
Uzum is a company based in Uzbekistan. Builders in Fintech has recorded 1 equity round for Uzum: a round of $131.5M on 10 March 2026.
Added ·
- $131.5M
- Development bank loan increase · $100M · 5 October 2026 · led by Eurasian Development Bank
Timeline
Development bank loan increase · Debt · $100M · Eurasian Development Bank (lead)
Late-stage round · $131.5M · Oman Investment Authority (lead), FinSight Ventures, Tencent, VR Capital
People
Current
- Jasur Jumaev — Founder and CEO
- Roman Lavrentyev — Co-founder and COO
All funding rounds in the database
Product
Digital bank cards, transfers and instalments in Uzbekistan
Digital banking
Markets: Uzbekistan
Uzum Bank is the digital bank in the Uzum ecosystem in Uzbekistan. Customers get an Uzum card for payments at cafes, shops, pharmacies and petrol stations, earn up to 5% cashback, and can pay in instalments with no extra fees if they repay within 30 days. Transfers to Uzum cards are free, and the bank runs regular promotions on transfers and utility payments.
Agent access
Description from the company website
Agent-Ready 1/5
- Discoverable — Can an agent find and read it?Not found on 3 November 2026
- Documented — Can it understand the API without a login?Found
- Testable — Can it try the API without a sales call?Not found on 3 November 2026
- Connectable — Can it connect directly (MCP)?Not found on 3 November 2026
- Trusted — Can it see who runs it securely?Not found on 3 November 2026
Not in our registers
Standard v0.1.1 · checked 3 November 2026
Description from the company website · Source
Mentioned on the podcast
Nikolay worked in investment banking and management consulting in London and across EMEA before co-founding Uzum almost four years ago.
Uzum builds e-commerce and fintech as one ecosystem in Uzbekistan and became the country's first tech unicorn in 2024.
Uzum became Uzbekistan's number one e-commerce player within eight weeks of launch.
Uzum built its own logistics network and guarantees next-day delivery to any settlement of 10,000 or more people.
Uzum issued more than 2.8 million debit cards with pre-approved credit limits in under 12 months and targets 5 million by year-end and 10 million by 2026.
Uzum's pickup points are becoming mini branches with ATMs and staff who sell its financial services.
Uzum holds banking and microfinance licences.
Uzum raised about $70 million in March 2024, becoming a unicorn, and about $70 million more in 2025 in a round led by Tencent and VR Capital at a $1.5 billion valuation.
Almost 60% of Uzum's e-commerce sales are paid with its own payment methods, including BNPL and cards.
Uzum runs its own core banking system and card processing, partnering with Visa.