Uzbekistan wants to attract $1 billion in investment in the fintech sector
Uzbekistan plans to attract $1 billion in foreign investment in the fintech sector by 2030. It also plans to test new financial instruments, launch an innovation hub, and continue experiments with a digital national currency.
Uzbekistan aims to invest $1 billion in the fintech sector. This was reported in an article published on the British portal FStech. The article is devoted to Uzbekistan's plans to become a leading financial technology (fintech) center in Central Asia by 2030.
Central Bank Chairman Timur Ishmetov presented a four-year strategy for the development of Uzbekistan's fintech sector as part of the "Silk Road Finance & Technology Forum" held in Tashkent. One of the main goals of this strategy is to attract $1 billion in foreign investment in the country's fintech sector by 2030.
It is also planned to improve the regulatory system for financial technologies and implement new initiatives in the field of digital finance. In particular, it is planned to launch an improved regulatory system that will allow testing new financial instruments in 2026-2027.
In addition, it is planned to launch an innovation hub in the fourth quarter of 2026. This hub is expected to serve as a platform for the development of fintech projects and the implementation of new financial technologies.
The material notes that the Central Bank of Uzbekistan is also conducting tests on a digital national currency. The results of these tests are planned to be presented in the near future.
The strategy is aimed at developing Uzbekistan's digital financial market, attracting foreign investment and turning the country into one of the leading fintech centers in Central Asia by 2030.