The financial technology market will develop at an accelerated pace

The Resolution of the President ‘‘On Measures for the Further Development of the Financial Technology Sector in Uzbekistan’’ (No. PP-359 dated November 27, 2025) was adopted, the Ministry of Justice press service reports.

According to the resolution, the key development targets for the financial technology sector for 2026–2030 include:

• Attracting $1 billion in foreign investment for financial technology startups.
• Increasing the number of financial technology market participants to at least 200.

The following will be established under the Central Bank:

• A venture fund for financing startup projects in the form of LLCs with an authorized capital equivalent to $50 million.
• An innovation hub for financial technology startups.

Starting January 1, 2026, innovation hub participants will receive reimbursement for up to 50 percent of their training costs and certification in financial technology, but not exceeding the equivalent of $20,000.

Starting in 2026, the Central Bank will organize annual international forums in financial technology.