TBC Bank Uzbekistan lands $38.2m equity investment
TBC UZ claims to be the country’s largest mobile-only bank, boasting a 15 million-strong user base.
TBC UZ claims to be the country’s largest mobile-only bank, boasting a 15 million-strong user base.
Uzum says it will look to raise an additional $200 million in a Series B funding round later this year.
Temenos’ core banking system will be implemented by the vendor’s regional partner, Foranx.
Ziraat Bank and a challenger bank will implement a broad range of Oracle FS tech.
Protego Trust Bank, InFinBank, and Toyota Financial Services all pick Oracle systems.
New system selection hot on the heels of Trustbank at the start of the month.
The bank claims to be the first in Uzbekistan to offer new Islamic services.
FinExtra Group and Neoflex to deploy the system locally.
Georgian bank expands its horizons with new digital venture.
Kaspi made more than half a billion last year in profits.
The telco’s off-shoot financial services are fast becoming serious revenue streams.