TBC Uzbekistan, the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group, announces that it has been recognized as one the world’s top fintechs in the neobanking category. TBC Uzbekistan is the first and only business from Uzbekistan and the wider Central Asia region to receive this accolade.

TBC Uzbekistan’s ecosystem reached 19.7 million users and includes TBC UZ, the country’s largest digital bank, digital payments app Payme, BNPL business Payme Nasiya and TBC Insurance. It was included in the world’s top fintechs list in the neobanking category, reflecting the digital banking powerhouse’s rapid growth and high profitability, as well as its commitment to bringing best-in-class, fully digital financial services to Central Asia’s most populous nation.

TBC Uzbekistan’s success is driven by its purpose-built tech stack, experienced international team and a consumer lending-led product strategy, supported by its first-mover advantage in Central Asia’s largest nation by population. The company continues to expand its innovative, best-in-class product mix, leveraging low retail banking penetration and a rising appetite for modern financial services among the country’s young, growing, and digitally savvy population.

TBC Uzbekistan comprises high growth fintech businesses operating in Uzbekistan: TBC UZ, the country’s largest digital bank; Payme, a digital payments app for individuals and small businesses; Payme Nasiya (Payme Instalments), a fast-growing BNPL business; and TBC Insurance.

TBC Uzbekistan reached profitability 2 years after launch - a record time-to-profit among global digital banks and has since scaled its user base to 19.7 million unique registered users. In 1Q25, the company recorded operating income of USD 57 million, with its loan and deposit books up 116% and 81% YoY respectively.