Breaking News
TBC Bank Uzbekistan Secures $25 Million From Swiss Impact Investor BlueOrchard
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured $25 million in debt financing from a private debt fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard).
These funds will be dedicated to further expanding TBC UZ’s ecosystem. This will contribute to the ongoing growth of the digital bank’s loan portfolio and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population. This funding follows the $10 million credit line TBC UZ secured from responsAbility Investments AG earlier this year, as the bank continues to diversify its funding base.
TBC UZ is part of TBC Uzbekistan, a leading digital financial ecosystem in Central Asia, which also includes payme, a digital payments app for individuals and small businesses; and payme nasiya (payme instalments), an instalment credit business. TBC Uzbekistan is part of London-listed TBC Bank Group PLC.
Nika Kurdiani, CEO of TBC Group operations in Uzbekistan, commented: “We are thrilled to secure this significant debt financing from BlueOrchard, which will enable us to further diversify our funding base and expand our microlending efforts, helping enhance financial inclusion across Uzbekistan. We are passionate about providing innovative digital financial solutions that increase convenience and improve lives and feel privileged to have BlueOrchard’s support.”
Philipp Mueller, CEO of BlueOrchard, said: “We are delighted to partner with TBC Bank Uzbekistan and support its important mission of leveraging modern digital banking to help improve lives and promote financial inclusion in Central Asia. This investment will help TBC UZ reach more individuals with vital financial services, fostering economic resilience and development in the region.”
- YouLend and Intuit Team Up to Bring Embedded Capital to QuickBooks UK Customers Read more
- dLocal and Amway Partner to Strengthen Local Payments For Direct Selling Across Latin America Read more
- How Freedom Holding Corp Turned Technology Foundations into a Scalable Fintech Ecosystem | Freedom Holding Corp | The Fintech Show #161 Read more
- ComplyAdvantage Fintea Chats: Fighting Financial Crime in an Age of Faster, Smarter Criminals Read more
- ING: Why “Autonomous AI” Is Misunderstood Read more
Wonder Raises USD 12 Million Venture Debt from HSBC Innovation Banking to Drive Growth and Expansion
Wonder, a leading fintech and payments platform for merchants in Hong Kong and APAC, announced it has raised a USD 12 million venture debt from HSBC Innovation Banking in Hong Kong
UK’s Incard Raises £10m to Build “financial OS for Digital Entrepreneurs
Incard, the financial platform for high-growth digital companies, has raised £10m Series A funding in a move that will bring greater financial control and agility to more e-commerce brands, agencies, affiliates and resellers. This funding round was led by Smartfin, with participation from Founders Capital, MountFund and top-tier angel investors.
Receiptable Raises Strategic Growth Round Led by 21 Ventures to Accelerate MENA Expansion
The new capital will enable Receiptable to accelerate commercial expansion with both major retail groups and payments acquirers
Talos Extends Series B to $150M in Strategic Fundraise
Talos, the premier provider of institutional digital asset infrastructure, technology and data supporting the full trading and portfolio management lifecycle, today announced a $45 million Series B extension, including new strategic investors Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning investors a16z crypto, BNY and Fidelity Investments.
Sygnum and Starboard Digital Raise Over 750 BTC for BTC Alpha Fund
Sygnum, a global digital asset banking group, today announced the successful launch and seed-phase completion of the Starboard Sygnum BTC Alpha Fund, which delivered an annualised 8.9% net return in BTC for Q4 2025.
Allica Bank Celebrates £1 Billion in Asset Finance Lending and Standout Broker Feedback
Allica Bank has reached a major milestone in its mission to support the UK’s established businesses, surpassing £1 billion in asset finance lending since launching the proposition in 2021.
Afreximbank Bolsters Angola’s Energy Sector with a $1.75-billion Facility for Sonangol
African Export-Import Bank (Afreximbank) (www.Afreximbank.com), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.
YouLend and Intuit Team Up to Bring Embedded Capital to QuickBooks UK Customers
YouLend, the leading global embedded financing platform, and Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced that they will make working capital available to QuickBooks business customers across the UK. The collaboration sees YouLend being selected as a launch partner for Intuit UK’s new Capital Marketplace, which connects QuickBooks customers with partners for financing, lines of credit and alternative financing.
dLocal and Amway Partner to Strengthen Local Payments For Direct Selling Across Latin America
dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has partnered with Amway, the world’s largest direct selling company, to deliver reliable, locally optimized online payments across Latin America.
How Freedom Holding Corp Turned Technology Foundations into a Scalable Fintech Ecosystem | Freedom Holding Corp | The Fintech Show #161
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
ComplyAdvantage Fintea Chats: Fighting Financial Crime in an Age of Faster, Smarter Criminals
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
ING: Why “Autonomous AI” Is Misunderstood
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Money Sent to Romance Scammers Jumps 37 Percent in a Year, as TSB Warns Public of Victims Trapped in Relationships Spanning Months
TSB’s latest report into romance fraud shows that money sent to scammers jumped by 37 percent in a year
Sixfold Raises US$30 Million Series B to Build the AI Underwriter
Sixfold, the AI underwriting Insurtech trusted by global insurers, has raised US$30 million in Series B funding