Tencent-Backed Fintech Uzum Plans New Funding Round by Year-End

Uzbek fintech Uzum, backed by investors including China’s Tencent Holdings Ltd., aims to hold another funding round as the group seeks to support rapid expansion plans ahead of a potential...

By Yuliya Fedorinova · Bloomberg Markets

Uzbek fintech Uzum, backed by investors including China’s Tencent Holdings Ltd., aims to hold another funding round as the group seeks to support rapid expansion plans ahead of a potential initial public offering.