Uzum Raises Over $130M for Digital Banking and Embedded Payments Platform

Uzum secured over $130 million in funding from Oman sovereign wealth funds, with the company referenced at a $2.3 billion pre-money valuation. Uzum operates a vertically integrated platform spanning e-commerce, digital banking, payments, and lending — a model that embeds financial services directly into commercial activity. The sovereign fund backing reflects growing institutional appetite for embedded finance platforms in emerging markets.

Uzum's integrated approach means merchants and consumers access banking, payments, and credit within a unified ecosystem rather than relying on separate financial providers. The investment positions Uzum to deepen its embedded finance capabilities across its existing markets. Exact use of proceeds and expansion timelines were not detailed in the reporting.