Uzum is a digital services ecosystem that integrates e-commerce, fintech, and banking solutions, providing a marketplace, express delivery, and a neobank to enhance online shopping and financial accessibility for individuals and SMEs in Uzbekistan. The platform addresses the challenges of limited access to diverse goods and efficient payment methods, enabling over 10 million users to streamline their purchasing and banking experiences.
Funding
$144M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Individuals and SMEs in Uzbekistan face challenges accessing a diverse range of goods and efficient financial services, hindering their ability to fully participate in the digital economy. Existing e-commerce and financial solutions often lack integration, creating fragmented and inconvenient experiences for users.
Solution
Uzum is building a digital ecosystem in Uzbekistan by integrating e-commerce, fintech, and banking solutions for individuals and SMEs. Uzum Market provides a marketplace with a wide selection of goods and fast delivery, while Uzum Bank offers a neobank with online payments and banking services. Uzum Nasiya provides a buy now, pay later (BNPL) service, and Uzum Avto is a platform for buying and selling cars with instant online loan approval. Uzum Business provides an all-in-one platform for entrepreneurs, bringing together all the services in the ecosystem.
Target Audience
Uzum targets individuals and SMEs in Uzbekistan seeking convenient access to e-commerce, fintech, and banking services through an integrated digital platform.
Features
- Uzum Market: Online marketplace with over 1 million SKUs and fast delivery across Uzbekistan.
- Uzum Tezkor: Fast delivery service from cafes, restaurants, and shops in 15 cities.
- Uzum Bank: Digital bank offering Uzum cards with commission-free transfers and QR-code payments.
- Uzum Nasiya: BNPL service for installment payments with over 5,000 partner locations.
- Uzum Avto: Platform for buying and selling cars with instant online loan approval.
- Uzum Business: All-in-one platform for entrepreneurs, integrating various Uzum services.
- Mobile applications for Uzum Bank and Uzum Nasiya for convenient access to financial services.