
Fed Raises Key Rate for First Time in Three Years, Pressuring Fintech
The Fed lifted rates to 3.75%-4%, its first increase in three years, putting fintech, crypto, payments and tech stocks under pressure.

The Fed lifted rates to 3.75%-4%, its first increase in three years, putting fintech, crypto, payments and tech stocks under pressure.

Uzbekistan’s decade of business reforms is reshaping licensing, taxes and digital state services, with direct implications for payments and formal-sector growth.

Humo payment system’s net profit surged over threefold to 410.9 billion UZS in H1 2026, driven by strong revenue growth despite the loss of tax incentives.
Uzbekistan launches a national navigation system and unified digital platform to enhance fintech, public administration, and digital infrastructure, aiming to boost IT exports and startup growth.

Uzbekistan's digital water management reforms significantly reduce water stress, promoting sustainable resource use and creating opportunities for fintech and green innovation.

Rheinmetall's €5.7B contract with Romania, funded by the EU's SAFE defense fund, advances defense tech, local production, and digital finance integration in European security.

Uzbekistan's banks expanded their loan portfolios to over 623 trillion soms in Q1 2026, with non-performing loans rising by 1.8 trillion soms, mainly in state banks.

Hungary's new leadership seeks to unlock €35 billion in EU funds frozen due to previous governance issues, with significant implications for its fintech and digital economy sectors.

Uzbekistan banks must now maintain a minimum card balance of 1.236 million UZS during automatic debt repayments, limiting full fund withdrawals to protect customers.

Uzbekistan accelerates Asakabank’s privatization, restructures assets, and plans significant capital infusion to reinforce financial stability and modernize banking operations.

Tashkent’s markets achieved significant profit increases in 2025, driving growth in digital payment adoption and fintech innovation across the city’s retail sectors.

Uzbek banks report strong Q1 2026 profits and asset growth, fueled by diversified income streams and expanding loan portfolios amid rising market competition.