Uzbekistan-based fintech company Uzum says it remains confident in attracting US investors despite ongoing trade tensions between the US and China.
Key facts
- •Uzum is an Uzbekistan-based fintech company.
- •The firm is backed by Tencent and Oman's sovereign funds.
- •The company's latest funding round valued it at $2.3 billion.
- •Co-founder and Chief Strategy Officer Nikolay Seleznev addressed the company's investment outlook.
Uzum, a fintech firm based in Uzbekistan, stated it is not concerned about potential difficulties in securing US investment due to trade tensions with China. The company, which is backed by Tencent, recently reached a valuation of $2.3 billion following its latest funding round.
Funding and Backing
Uzum has successfully attracted capital from a variety of international investors, including Tencent and sovereign wealth funds from Oman. The company's most recent valuation reflects its growth in the regional fintech sector.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by Bloomberg Markets.
