Top 10 Financial Services Startup Investors in Uzbekistan in December 2024

Last updated: Dec 2024 A list of 10 angel investors and VC (Venture Capital) funds that invest in Financial services startups based in Uzbekistan. We rank investors based on the number of investments they made in Financial services companies from Uzbekistan. We update this investor list every month.

Top 10 Financial Services Startup Investors in Uzbekistan in December 2024

Investor	Financial Services Uzbekistan investments
Sturgeon Capital	3
Finnfund	1
Vector Crypto Capital	1
MyAsia VC	1
Le Mercier’s Capital	1
Battery Road Digital Holdings	1
Block0	1
European Bank for Reconstruction and Development	1
AloqaVentures	1
Tesla Capital	1

Find investors that fund startups like yours. Automatically.

Our algorithm will find investors that invest in your industry, stage, and geography.

Investor list

Unique investment funds for those who believe the best opportunities for profit, impact, and innovation can be found in frontier & emerging markets.

Investment focus

FinTech, Software, E-Commerce
Seed, Series A, Pre-Seed
Uzbekistan, Pakistan, Bangladesh

Portfolio highlights

Cargon — A simple, fast and innovative industry leading service with powerful analytical tools.
DealCart — DealCart enables users to buy their favorite products in groups by allowing users to buy in groups and sharing deals on WhatsApp and other social media platforms.
Oasis — Oasis provide loans to small businesses and individual entrepreneurs.

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

Investment focus

Financial Services, FinTech, Energy
Debt Financing, Funding Round, Series B
Kenya, India, South Africa

Portfolio highlights

AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
Access Bank — Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union moneytransfer services.
Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.

Investments in the Future of Money

Investment focus

E-Commerce, Financial Services
Seed
Uzbekistan

Portfolio highlights

IMAN — One-stop shop for Halal investing

MyAsia VC

Investment focus

Financial Services, FinTech, E-Commerce
Seed, Pre-Seed, Series A
India, United States, Kenya

Portfolio highlights

Deciml — Deciml is an investment app in India that enables Indians to start investing young by investing the spare change from their online transactions. Download App.
Neem — Neem is an embedded finance platform enabling Financial Wellness for underbanked communities across emerging markets, starting in Pakistan.
Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.

Le Mercier’s Capital is a single family office which invests both strategically and opportunistically in growth capital situations.

Investment focus

E-Commerce, Financial Services
Seed
Uzbekistan

Portfolio highlights

IMAN — One-stop shop for Halal investing

Frontier Markets venture capital

Investment focus

E-Commerce, Payments, Financial Services
Seed, Series A, Funding Round
Egypt, Singapore, India

Portfolio highlights

zypl.ai — zypl.ai applies 'no data' AI at scale to advance financial inclusion in emerging and frontier markets. Our SaaS solution enables banks and microfinance organizations to instantly and accurate underwrite loans, both offline and digitally, to consumers with limited or no credit history.zypl's proprietary approach includes training AImodels on synthetically generated data with simulation of 'black swan' conditions, providing stable and adaptable SaaS in spite of macro volatility in developing markets. Apart from analyzing traditional variables such as social, demographic, and professional background of clients, our SaaS reviews device metadata, psychometrics, web trace, and macroeconomic factors to arrive at credit decisions.In the process, we fully customize AI models to risk appetite of each individual enterprise partner with the goal of reflecting their competitive market advantages. Additionally, we offer complete flexibility on mode of integration through either cloud or on-premise deployment based on enterprise preference. We only deploy explainable AI models with embedded 'weight-of-evidence' interpretation of each decision made by the software, complying with emerging regulatory requirements on credit scoring.Having launched our beta last year, we have scaled presence to 10 enterprise clients in 4 markets across Central Asia. In this time, we have underwritten >$9 million in consumer and small business (services, trade, agriculture) loans to over 12 thousand consumers with staggeringly low 0.7% portfolio-at-risk rate. Since booking first revenue earlier this year, we have surpassed 25% compounded monthly growth rate and reached financial break-even this month.As a complement to credit scoring, our product team has ventured into churn prediction in telecom sector through partnerships with 3 leading telcos in Central Asia. Our rapid product iteration and development is a result of an AI Academy that we have launched to nurture talent internally.zypl.ai was ideated at Stanford University's Startup Garage and recently completed the Silkway Accelerator by Google for Startups and Astana Hub. Our startup was launched with a grant from the Islamic Development Bank as part of the Transform Fund. With our pre-seed capital raise, we plan on globalizing our AI SaaS solution by expanding to new markets in MENA, Southeast Asia, and Eastern Europe.
AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
IMAN — One-stop shop for Halal investing

Block0 is a Belgian IT company specialized in blockchain and decentralized technologies.

Investment focus

Financial Services, Finance, Internet
Seed, Series A
India, Singapore, Uzbekistan

Portfolio highlights

IMAN — One-stop shop for Halal investing
Bastion — Bastion is a lending, borrowing and exchange protocol built on Aurora, the Ethereum-compatible layer of the Near blockchain.
Infinity Exchange — Infinity is an Institutional Money Markets protocol with the most efficient market-making mechanism across DeFi.

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.