Oman Investment Bank has successfully acted as the financial adviser for a consortium of Omani sovereign entities in a landmark $130 million minority investment in Uzum, the premier digital services ecosystem in Uzbekistan. This transaction marks a significant deepening of economic ties between the Sultanate of Oman and the high-growth markets of Central Asia, positioning Omani institutional capital at the forefront of the region’s digital transformation.
Strengthening Strategic Corridors Between Oman and Central Asia
The deal highlights the increasing appetite of Omani sovereign investors for international technology platforms that demonstrate both market dominance and clear paths toward financial inclusion. By leading this investment, the Omani consortium provides Uzum with a robust long-term capital base, further validating the startup’s business model and its role as a national champion in the Uzbek economy. The involvement of Oman Investment Bank underscores the Sultanate’s commitment to connecting regional capital with high-impact global opportunities.
Capital Allocation for Fintech and Ecosystem Expansion
The $130 million influx of capital is earmarked for several strategic growth initiatives within the Uzum ecosystem. Key priorities include the acceleration of Uzum’s fintech and digital lending platforms, specifically targeting the expansion of Buy Now, Pay Later (BNPL) services, consumer credit, and specialized financing solutions for small and medium-sized enterprises (SMEs). Additionally, the funds will be used to enhance the synergies between Uzum’s diverse verticals, which span e-commerce, digital payments, and logistics, to increase customer lifetime value and engagement.
Uzum Path Toward International Capital Markets
This latest funding round follows a trajectory of significant capital raises for Uzum, including a $114 million round in early 2024 and a $70 million round in August 2025 involving Tencent and VR Capital. With this new support from Omani entities, Uzum is bolstering its infrastructure as it prepares for future entry into international capital markets. The partnership aligns the company with sophisticated institutional investors who share a vision for scaling technology-driven services that address the everyday needs of both consumers and businesses in emerging markets.
About Oman Investment Bank
Oman Investment Bank is a premier financial institution in the Sultanate, focused on providing strategic advisory services and facilitating major investment transactions. The bank plays a pivotal role in the Omani economy by advising sovereign and private entities on capital allocation, supporting national investment strategies, and bridging the gap between regional wealth and compelling international growth prospects.
About Uzum
Uzum is Uzbekistan’s leading digital ecosystem, offering a wide array of services including e-commerce, fintech, and logistics through an integrated platform. Founded in 2022, the company has rapidly become a cornerstone of the country’s digital economy, focusing on financial inclusion and the modernization of consumer services. Uzum aims to provide a seamless digital experience for millions of users, driving the digital transformation of the Central Asian financial services sector.
Source: Zawya
