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Uzum weighs Eurobonds in late 2026 and more US capital
Co-founder Nikolay Seleznyov told Bloomberg TV the money would fund growth in unsecured lending. Uzum raised more than $130 million in March 2026.
Tokhum AI · 1 min read · reviewed by Tokhum
Key facts
- Uzum may issue Eurobonds in late 2026 or early 2027, co-founder Nikolay Seleznyov said.
- Uzum closed more than $130 million in investment in March 2026.
- That round was led by sovereign structures of Oman.
- Uzum has placed 2.1 trillion som of bonds at home since 2025.
- Seleznyov said the proceeds would fund growth in unsecured lending.
Uzum intends to keep attracting international capital, including from investors in the United States, and could return to Eurobonds in late 2026 or early 2027, co-founder Nikolay Seleznyov said in an interview with Bloomberg TV, according to Fintechstan.
Seleznyov described an IPO as one stage in the company's development rather than its final goal, Fintechstan reported. The new money is needed to grow unsecured lending, he said.
In March 2026 the company closed a fundraising of more than $130 million led by sovereign structures of Oman, according to the report. On the domestic market Uzum has placed 2.1 trillion som of bonds since 2025.
Fintechstan wrote that Eurobonds and US investors would test whether Western markets are ready to finance technology companies from Central Asia.
Source:Финтехстан, 19.10.2026
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