Uzbekistan is taking new steps to advance its financial technologies sector. On November 27, a presidential decree titled “On Measures to Further Develop the Financial Technologies Sector in Uzbekistan” was approved.
The document sets out key development targets for the fintech sector for the years 2026–2030. These targets include attracting $1 billion in foreign investment to fintech startups and increasing the number of market participants to at least 200.
According to the decree, a venture fund with an authorized capital equivalent to $50 million will be established under the Central Bank. The fund will focus on financing startup projects.
In addition, an innovation hub will be created for startups operating in the financial technologies sector. Starting from 2026, participants of the hub will receive partial reimbursement for their fintech-related training and certification expenses. This support will cover up to 50% of costs, but no more than $20,000.
Beginning in 2026, the Central Bank will also organize international forums dedicated to financial technologies each year.
It is worth noting that in September, President Shavkat Mirziyoyev endorsed the proposal to establish an innovation hub aimed at strengthening startup acceleration and supporting new ideas and investments in the fintech ecosystem.
Previously, it was reported that certain tourism startups would receive subsidies covering up to 50% of their expenses.
