A fintech super-app from Uzbekistan just became one of the most interesting pre-IPO stories in emerging markets. Uzum, the Central Asian digital ecosystem that most Western investors have never heard of, is planning to raise $250 to $300 million in a new funding round before taking the company public.
The timing target is the second half of 2026 or early 2027.
From startup to $2.3 billion valuation in three years
The company was founded in 2022. By March 2026, it hit a $2.3 billion valuation. That’s a 53% jump from just $1.5 billion in August 2025, meaning the company’s perceived value grew by roughly $800 million in about seven months.
That March 2026 round brought in $131.5 million and attracted some notable names. Oman’s sovereign wealth funds participated, alongside Tencent, VR Capital, and FinSight Ventures.
