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Top 20 FinTech VC Funds & Investors in Uzbekistan (October 2026)

The most active venture capital funds investing in Uzbekistan FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uzbekistan FinTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sturgeon Capital
VC Fund
3 Uzbekistan, Pakistan, Bangladesh Seed, Series A, Pre-Seed FinTech, Software, E-Commerce $125k–$17M
The International Islamic Trade Finance Corporation
VC Fund
3 Uzbekistan, Turkey, Nigeria Debt Financing Banking, Financial Services, Finance $12M–$100M
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5.1M–$369M
FinSight Ventures
VC Fund
2 United States, India, Russian Federation Seed, Series A, Pre-Seed Financial Services, FinTech, Artificial Intelligence $500k–$52M
Tesla Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
Vector Crypto Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
AloqaVentures
VC Fund
1 Tajikistan, Uzbekistan Seed, Pre-Seed SaaS, FinTech, Artificial Intelligence
MyAsia VC
VC Fund
1 United States, India, Nigeria Seed, Pre-Seed, Series A FinTech, Financial Services, Artificial Intelligence $592k–$24M
UMAY Angels Club
VC Fund
1 Kazakhstan, Uzbekistan Seed, Pre-Seed Software, SaaS, Mining $270k–$4.1M
IT Park Uzbekistan
VC Fund
1 United States, Uzbekistan Seed, Grant, Pre-Seed E-Commerce, Sales, Fashion
ICD-PS
VC Fund
1 Turkey, Uganda, Uzbekistan Debt Financing, Post-IPO Debt, Venture - Series Unknown Financial Services, Banking, Finance $10M–$100M
Finnfund
VC Fund
1 Kenya, India, Nigeria Debt Financing, Venture - Series Unknown, Series B Financial Services, Energy, FinTech $2.1M–$137M
Women Entrepreneurs Finance Initiative
VC Fund
1 Nigeria, Tunisia, Uzbekistan Grant, Series B, Debt Financing Banking, Financial Services, B2B $200k–$15M
Le Mercier’s Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
Xanara
VC Fund
1 Uzbekistan Series A Software, Digital Marketing, Business Development
Battery Road Digital Holdings
VC Fund
1 Egypt, Singapore, India Seed, Series A, Series B E-Commerce, Transportation, Payments $200k–$24M
Block0
VC Fund
1 India, Hong Kong, Uzbekistan Seed, Series A Financial Services, Blockchain, Web3 $471k–$9M
Tencent
VC Fund
1 China, United States, United Kingdom Series B, Series A, Series C Software, Artificial Intelligence, E-Commerce $3M–$418M
VR Capital Group
VC Fund
1 Uzbekistan Series A, Venture - Series Unknown Software, Digital Marketing, Business Development
Oesterreichische Entwicklungsbank AG
VC Fund
1 India, Vietnam, Pakistan Debt Financing, Post-IPO Debt Financial Services, Energy, Banking $10M–$135M
Access all 57 VC funds in Uzbekistan FinTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Sturgeon Capital
VC Fund · London, England, United Kingdom · 3 investments in Uzbekistan FinTech startups

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

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Uzbekistan, Pakistan, Bangladesh

Investor stats

  • Total investments: 41
  • Round size: Seed $150k–$5.4M; Pre-Seed $125k–$1.5M; Series A $2.1M–$17M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • KLIPY — KLIPY is the expression platform for GIFs, memes, stickers, clips and mini games. Discover, create and share content across apps and communities.
  • Surfaice — Surfaice does lease administration, store construction and facilities work. At a fraction of the cost and 10x the speed.
  • PeopleForce — PeopleForce is one of the BEST and fastest growing online HR Software service provider, we consist​ of highly qualified and experienced members with dedicated team. we love the fact that our solution and software is making HR service more convenient and easy for our customer. Our Product Include Applicant Tracking Software: Our service help youfind the right person more faster and easier Staff Onboarding: Every phase of onboarding process with a new employer is important. By using our onboarding software you will increase employee retention and save more money and stress. Leave tracking: Leave tracking will help you to easily record leave for holidays, vacations, half-day etc.Electronic signatures: Tool to sign your documentHR Reporting: This prove report on all employee on annual salary and current employment status with date range.Performance management: Measure the effective and efficient manner to employee process that enhances your employee’s performance through aligned goals and development. employee directory: Employer master database, thus providing all the information about employee. Custom workflows: Design a custom workflow to fit your organization needs. At PeopleForce , we understand the difficulties in getting the best hands. We also understand the necessity to use good and reliable software and service. We're here to help all of our customers and their unique needs. PeopleForce we “OFFER THE BEST”
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The International Islamic Trade Finance Corporation
VC Fund · Jeddah, Makkah, Saudi Arabia · 3 investments in Uzbekistan FinTech startups, 9 in the past 12 months

The International Islamic Trade Finance Corporation operates as a trade solutions provider.

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Investment focus

  • Industry: Banking, Financial Services, Finance
  • Stage:Debt Financing
  • Geography: Uzbekistan, Turkey, Nigeria

Investor stats

  • Total investments: 13
  • Round size: Debt Financing $12M–$100M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hamkorbank — Hamkorbank is a universal bank that provides a wide range of banking services such as credit, deposit taking, cash and money transfer.
  • Asia Alliance Bank — Asia Alliance Bank provides savings, deposits, loans, credit, leasing, finance and online banking services.
  • Orient Finans Bank — Orient Finans Bank is a financial institution that offers banking, lending, and financial services to individuals and companies.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Uzbekistan FinTech startups

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.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 502
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$247M; Private Equity $15M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • İşbank — İşbank is a Turkish commercial banking service provider.
  • Infinity Power — Infinity Power is the largest African renewable energy company, offering innovative solutions in solar power, wind energy, and low-carbon hydrogen technologies. Discover our projects and commitment to sustainable energy solutions.
  • Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.
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FinSight Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Uzbekistan FinTech startups

Capital + Hiring + Infrastructure

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Investment focus

  • Industry: Financial Services, FinTech, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Russian Federation

Investor stats

  • Total investments: 68
  • Round size: Seed $500k–$6M; Pre-Seed $500k–$3M; Series A $1.6M–$52M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.9M in 2026

Portfolio highlights

  • Uzum — Uzum is a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks.
  • Visa2Fly — Online visa application- Apply for a tourist visa online to top destinations like Dubai, UK, USA, Singapore, etc. hassle-free with Visa2fly. 99.3% approval rate, fast processing.
  • xRobotics — Smallest and powerful pizza-making robot in the world. Top 3 ingredients: sauce, cheese and pepperoni. Adjustable volume 100-300 pizzas per hour.
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Tesla Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan FinTech startups

TESLA CAPITAL is an international early-stage impact venture capital firm based in Singapore. Our investment declaration revolves around 3 main impact-focused areas:Supporting Frontier technologies – investing and providing expertise to startups that focus on impact solutions that could help combat climate change, bring about improvements insustainability, equality and inclusion Promoting Frontier technopreneurship – supporting, providing mentorship and investing in technological entrepreneurship in the frontier region of Central Asia Diversity, cultural exchange, and inclusion – in tandem with our sustainability focus we believe in creating platforms for cultural exchange to celebrate the diversity of the world

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Investment focus

  • Industry: E-Commerce, Financial Services
  • Stage:Seed
  • Geography: Uzbekistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
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Vector Crypto Capital
VC Fund · 1 investments in Uzbekistan FinTech startups

Investments in the Future of Money

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Investment focus

  • Industry: E-Commerce, Financial Services
  • Stage:Seed
  • Geography: Uzbekistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
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AloqaVentures
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Uzbekistan FinTech startups

AloqaVentures is corporate venture fund of Aloqabank that invests in pre-seed and seed stage startups

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Investment focus

  • Industry: SaaS, FinTech, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Tajikistan, Uzbekistan

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Push30 — Push30 is a mobile fitness application which provides corporate benefits to its users providing unlimited access to gyms and fitness venues with a single membership. The goal of the application is to restructure the fitness industry, encourage fitness culture in Azerbaijan and become a household name for fitness across the country.
  • Delever — Delever is an automation platform for delivery that assists businesses of various sizes in efficiently managing resources, scaling up, establishing quality communications with customers, increasing profits, and delivering orders as quickly as possible right to the doors of their consumers.
  • Unitlab — Accelerate your data annotation process by 15x faster with auto-annotation tools and improve quality through collaborative annotation. Unitlab Annotate is a collaborative and AI-powered data annotation platform, offering on-premises solutions and integrated labeling services.
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MyAsia VC
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan FinTech startups

MyAsiaVC is a sector-agnostic fund that seeks opportunities to disrupt established companies in order to build category-defining businesses. They also invest in businesses that benefit from the second- or third-order effects of these developments.

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Investment focus

  • Industry: FinTech, Financial Services, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 36
  • Round size: Seed $800k–$6M; Pre-Seed $592k–$2M; Series A $4M–$24M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $1M in 2024

Portfolio highlights

  • Ocular AI — Encoding Human Expertise into Machines
  • Sensesemi — Explore Sensesemi's cutting-edge System-on-a-Chip (SoC) solutions, revolutionizing Connected Internet of Medical Things (IoMT) and Internet of Things (IoT). With advanced technology, ultra-low energy consumption, and embedded AI.
  • Gecko Robotics — To collect and make useful physical data in order to protect civilization's most critical infrastructure
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UMAY Angels Club
VC Fund · Astana, Astana, Kazakhstan · 1 investments in Uzbekistan FinTech startups

UMAY Angels Club is a community of angel investors that invest in startups at early stage of growth.

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Investment focus

  • Industry: Software, SaaS, Mining
  • Stage:Seed, Pre-Seed
  • Geography: Kazakhstan, Uzbekistan

Investor stats

  • Total investments: 6
  • Round size: Seed $500k–$4.1M; Pre-Seed $270k–$560k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qtap — Qtap is a software development company specializing in cross-platform social networking, website creation, and online payment features.
  • ADAPT — ADAPT is a mobile commerce platform for small business owners that help to launch an online store in 3 minutes.
  • CerebraAI — CEREBRA is an AI-powered software for early stroke detection for faster and more accurate treatment, available as a cloud platform on a PC and a mobile appli...
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IT Park Uzbekistan
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Uzbekistan FinTech startups

Official national portal for IT & BPO outsourcing in Uzbekistan. Connect with IT Park residents, access 0% corporate tax, and scale tech operations.

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Investment focus

  • Industry: E-Commerce, Sales, Fashion
  • Stage:Seed, Grant, Pre-Seed
  • Geography: United States, Uzbekistan

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ttlk — Increase conversion and reduce returns with ttlk AI sizing recommendations and realistic virtual try-ons. Fast integration for Shopify and custom storefronts
  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
  • MoonAI Inc — MoonAI enables businesses to deploy no-code AI agents—referred to as “AI salespersons”—within one day, with no installation cost. These agents automate lead qualification, escalate warm leads to managers, schedule meetings, and integrate with CRMs, messaging platforms.The solution operates 24/7, supports multiple languages (includingRussian, English, and informal Kazakh), and processes customer interactions in just seconds. It has helped companies double the volume of processed inquiries, reduce response times from minutes to seconds, and even autonomously close a portion of leads—all while reducing sales team workload and improving customer satisfaction.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
ICD-PS
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Uzbekistan FinTech startups, 6 in the past 12 months

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank (IDB) Group. It is authorized capital stands at $2.0 billion, of which $1.0 billion is available for subscription. The current subscribed and paid-in capital is $875 million and $568 million respectively. The mandate of ICD is to support the economic development of its member countries through provision of finance to private sector projects in accordance with the principles of the Shari’a law. ICD finances projects that are specifically geared to creating employment opportunities and boosting exports. Furthermore, ICD mobilizes additional resources for projects and encourages the development of Islamic financing and capital markets.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: Turkey, Uganda, Uzbekistan

Investor stats

  • Total investments: 14
  • Round size: Debt Financing $10M–$100M
  • Lead/follow: 93% lead, 7% follow

Portfolio highlights

  • Asaka bank — Aksaka bank is a financial organization that provides curated banking solutions to meet the personal, business, and corporate needs in the vicinity. The organization also offers personal loans and commercial credit facilities for individuals and local businesses.
  • Samuda Shipping — Samuda Shipping Limited operates shipping assets for crude edible oil transportation.
  • Al Salam Bank-Bahrain — Al Salam Bank-Bahrain is an Islamic bank headquartered in the Kingdom of Bahrain.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Uzbekistan FinTech startups

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.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Venture - Series Unknown, Series B
  • Geography: Kenya, India, Nigeria

Investor stats

  • Total investments: 75
  • Round size: Series B $5M–$41M; Debt Financing $9.4M–$137M; Venture - Series Unknown $2.1M–$20M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Bisedge — Bisedge provides outsourcing solutions for material handling equipment including forklifts and other MHE, maintenance packages as well as the operators. Bisedge is offering this solution as a “Product-As-A-Service” for a monthly fee.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
  • EVF General Finance Joint Stock Company — EVF provides a wide range of financial services, including credit lines for micro, small, and medium-sized firms (MSMEs).
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Women Entrepreneurs Finance Initiative
VC Fund · Washington, District of Columbia, United States · 1 investments in Uzbekistan FinTech startups

We-Fi is collaborative partnership among government.

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Investment focus

  • Industry: Banking, Financial Services, B2B
  • Stage:Grant, Series B, Debt Financing
  • Geography: Nigeria, Tunisia, Uzbekistan

Investor stats

  • Total investments: 5
  • Round size: Grant $200k–$15M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Ipoteka Bank OTP Group — Ipoteka Bank is a universal commercial bank and a member of the international OTP Group. It is a reliable financial partner offering a full range of modern products and services for individuals, entrepreneurs, and corporate clients. The bank actively develops mortgage and auto lending, provides microloans, savings and term deposits, as well as national and international cards (Visa, Mastercard, Uzcard, Humo). For businesses, Ipoteka Bank offers cash management services, QR payments, payroll projects, and flexible financing programs. Ipoteka Bank combines the European standards of the OTP Group with a deep understanding of the local market. Clients value the bank for its transparency, user-friendly digital services (Ipoteka-Retail, Internet Banking), and 24/7 access to financial operations. Today, Ipoteka Bank stands for stability, trust, and innovation — making banking simple, secure, and accessible for everyone.
  • African Development Bank — African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in collaboration with national and international development institutions. The bank provides technical assistance for project selection, study, and preparation. It facilitates investments from the public and private sectors in initiatives aimed at economic and social progress. The African Development Bank serves the development finance and economic growth sectors.
  • First City Monument Bank — First City Monument Bank (FCMB) Ltd is a full service banking group, headquartered in Lagos, Nigeria with the vision to be the Premier Financial Services Group of African origin.
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Le Mercier’s Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan FinTech startups

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

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Investment focus

  • Industry: E-Commerce, Financial Services
  • Stage:Seed
  • Geography: Uzbekistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
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Xanara
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Uzbekistan FinTech startups

Award-winning multi-family office, winner of Best Portfolio Management 2024. We offer Wealth Management, Investment Advisory & Asset Management.

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Investment focus

  • Industry: Software, Digital Marketing, Business Development
  • Stage:Series A
  • Geography: Uzbekistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uzum — Uzum is a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks.
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Battery Road Digital Holdings
VC Fund · Mumbai, Maharashtra, India · 1 investments in Uzbekistan FinTech startups

Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.

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Investment focus

  • Industry: E-Commerce, Transportation, Payments
  • Stage:Seed, Series A, Series B
  • Geography: Egypt, Singapore, India

Investor stats

  • Total investments: 20
  • Round size: Seed $200k–$3M; Series A $4.4M–$10M; Series B $10M–$24M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
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Block0
VC Fund · Walhain, Brabant Wallon, Belgium · 1 investments in Uzbekistan FinTech startups

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

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Investment focus

  • Industry: Financial Services, Blockchain, Web3
  • Stage:Seed, Series A
  • Geography: India, Hong Kong, Uzbekistan

Investor stats

  • Total investments: 6
  • Round size: Seed $471k–$4.2M; Series A $9M–$9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tamago — Tamago, a decentralized music streaming NFT Hybrid built on the NEAR public blockchain.
  • 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.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 1 investments in Uzbekistan FinTech startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operating strategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others. In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively. Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 902
  • Round size: Series A $3M–$157M; Series B $15M–$213M; Series C $23M–$418M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • BYJU'S — BYJU’S is a global ed-tech company that provides highly adaptive, engaging, and effective learning solutions to more than 150 million students around the world. Founded in India in 2011, BYJU's mission is to make high-quality learning accessible to students everywhere.The BYJU's family of brands includes Disney-BYJU's Early Learn,BYJU's FutureSchool, Epic!, Osmo, Tynker, Toppr, and WhiteHat Jr., along with the company’s beloved flagship product, BYJU's: The Learning App. Together, BYJU's solutions support pre-K–12 education and a wide range of competitive exams.BYJU’S delivers a world-class learning experience with tools that sit at the crossroads of mobile, interactive content, and personalized learning methodologies. Byju's geography-agnostic solutions and 12,000+ teachers make learning engaging with visual and contextual programs that adapt to the unique learning style, skill level, and pace of each student. In addition, BYJU’S has innovative partnerships with some of the world's largest companies, including Disney and Google, to drive engagement and help even more students become active and lifelong learners.BYJU’S is backed by blue-chip investors including the Chan-Zuckerberg Initiative, Sequoia Capital, Bond Capital, Silver Lake, BlackRock, Sands Capital Management, Alkeon Capital Management, Sofina, Verlinvest, Tencent, Prosus (previously Naspers Ventures), CPPIB, General Atlantic, Tiger Global, Qatar Investment Authority, Owl Ventures, Lightspeed Venture Partners, Times Internet, Aarin Capital, and IFC. Since 2017, BYJU’S has completed more than 15 acquisitions, including companies in the U.S., UK, Austria, India, and Singapore. A 2021 Time 100 Most Influential Company, BYJU’S is headquartered in India, with operations in more than 21 countries globally and learning programs in more than 8 languages.
  • VIPKID — VIPKid is a global education technology company that connects children with the world’s best teachers for real-time online English immersion learning.VIPKid’s mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connection of culturesacross the world and the passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.Founded in 2013 and formally launched in 2014, VIPKid has become China’s market-leading online education startup, attracting investment from Tencent, Coatue Management, Sequoia Capital, Sinovation Ventures, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC and Bryant Stibel, among others. The VIPKid platform currently connects over 500,000 paying students with over 60,000 teachers in the US and Canada.
  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
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VR Capital Group
VC Fund · New York, New York, United States · 1 investments in Uzbekistan FinTech startups

VR Capital Group offers global emerging markets, distressed securities, employment opportunities and asset management services.

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Investment focus

  • Industry: Software, Digital Marketing, Business Development
  • Stage:Series A, Venture - Series Unknown
  • Geography: Uzbekistan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Uzum — Uzum is a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks.
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Oesterreichische Entwicklungsbank AG
VC Fund · Vienna, Wien, Austria · 1 investments in Uzbekistan FinTech startups

Oesterreichische Entwicklungsbank AG provides loans at near-market conditions. The company also provides capital and increase the developmental effectiveness of projects with related programs.

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Investment focus

  • Industry: Financial Services, Energy, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Vietnam, Pakistan

Investor stats

  • Total investments: 13
  • Round size: Post-IPO Debt $20M–$135M; Debt Financing $10M–$135M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Prime Bank — Prime Bank, is a local commercial bank in Bangladesh.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
  • Greenwave Circularity — Greenwave Circularity is a specialized plastics manufacturing and clean technology company delivering sustainable packaging infrastructure, the enterprise utilizes state-of-the-art recycling automation to transform post-consumer scrap PET bottles into food-grade resins and packaging preforms.
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FinTech VC funding in Uzbekistan at a glance

Stats across 51 deals from 57 investors.

57
investors
in Uzbekistan FinTech startups
51
deals
in Uzbekistan FinTech startups
$30M
median round
in Uzbekistan FinTech startups
47%
lead investors
lead at least one round
53%
Debt Financing
most common funding stage

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