Rustam Khamdamov

Rustam Khamdamov is founder and General Director of technology startup BILLZ, one of the leading solutions for retail automation in the region. He graduated from Tashkent Financial Institute with a degree in "Economics and Finance" and completed international educational programs at Wharton Business School, Stanford University, and KTH Royal Institute of Technology, strengthening competencies in strategic marketing, technological entrepreneurship, and IT/IP.

Before founding BILLZ, Rustam worked in the telecommunications industry for more than six years, holding leadership positions at COSCOM (Ucell). Under his leadership, major projects were launched in IoT, mobile financial services, Big Data, marketing, and streaming platforms. In 2020–2025, BILLZ transformed into a large SaaS platform, attracted international investments, and became part of TBC Bank Group, selling a controlling stake in 2025.

Today, BILLZ serves thousands of stores in different countries, integrates fintech solutions (BILLZ Pay, BNPL, microloans), and actively scales to international markets. Rustam Khamidov plays a key role in developing Uzbekistan's startup ecosystem, creating innovative products, and attracting global investments.

Company name: LLC "BILLZ"

Successful projects: BILLZ — SaaS platform for retail automation, CRM, inventory management, analytics, and integration with online cash registers and e-commerce. Serves 2500–3000 stores in Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and is entering the markets of Georgia and Azerbaijan.

BILLZ POS System — Integrated solution for managing sales, inventory, and customers of small and medium businesses. Supports work with mobile applications and online stores.

BILLZ Fintech Integrations — BILLZ Pay, BNPL, microloans, and online payments. Improve the speed and efficiency of retailer operations, expanding ecosystem functionality.

Marketing and Omnichannel Modules — Tools for loyalty programs, customer communications, promotions, mailings, and e-commerce channels.

International Version of BILLZ — Platform adaptation for foreign CIS markets and new regions; scaling as a ready-made ecosystem.

Accelerators and Competitions — Participation in Y-Combinator (online), victories in entrepreneurial competitions, including Global Entrepreneurship Award.

International Investments — Attracting $150,000 from Sturgeon Capital (2020), $650,000 from Quest Ventures (2024), and in 2025 — sale of 53% of BILLZ company to TBC Bank group.

Social Impact — Automation of small and medium business retail, increasing transparency and digitalization of developing market economies.