# Uzum

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uzum

- Industry: Internet
- Headquarters: Tashkent, Uzbekistan
- Website: www.uzum.com
- Total disclosed funding: $52M
- Latest round: Series A (Mar 26, 2024)
- Investors on record: 2

## About

Based in Uzbekistan, founded in 2022 by Chief Executive Officer Djasur Djumaev, Uzum operates as a provider of an e-commerce and fintech ecosystem offering services aimed at day-to-day life with technology. Uzum began with an e-commerce marketplace and quickly expanded into fintech and logistics, launching services like virtual Visa cards and express food delivery. In March 2026, Uzum raised USD 131.5 million in venture funding from returning investors VR Capital Group, Tencent Investment, and FinSight Ventures. Uzum developed a digital services ecosystem for facilitating business growth, online shopping, convenient payments, and assistance with day-to-day household tasks. The company’s product line includes Uzum Market, Uzum Tezkor, Uzum Bank, Uzum Nasiya, and Uzum Business. Its offerings are its diverse product portfolio, including Uzum Market, a marketplace offering a wide range of products with nationwide one-day delivery, and Uzum Tezkor, providing fast delivery services from cafes, restaurants, and groceries in Tashkent. Additionally, Uzum Nasiya offers installment services without hidden fees, penalties, or fines, while Uzum Bank serves as a user-friendly digital bank and P2P service. In the first half of 2025, Uzum recorded $250 million in GMV, with its unsecured lending arm financing $200 million in Q1 alone. The company posted $150 million in net income in 2024, and its digital banking and BNPL services are key revenue drivers, supported by rapid card issuance and high transaction volumes. The company will use the March 2026 funding to expand its digital ecosystem spanning e-commerce, payments, consumer lending, and delivery services.

## Funding rounds

- Series A, Mar 26, 2024, $52M — FinSight Ventures, Xanara

## Investors

- FinSight Ventures (https://capitalatlas.ai/funds/finsight-ventures) — Series A
- Xanara — Series A
