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    Aktif Bank explores opportunities to enter the Uzbek market through IT Park Uzbekistan

    Representatives of IT Park Uzbekistan, led by Elyor Maksudov, Startup and Investments Development Director, held a meeting with a delegation from Aktif Bank, UPT and Aktif Tech. The Turkish delegation included Murat Kastan, CEO of UPT; Kadir Öztürk, CTO of Aktif Bank; Meylis Amanmyradov, International Partnerships Manager at UPT; and Aziz Asanov, UPT’s representative in Uzbekistan. The parties discussed prospects for cooperation, including the potential engagement of Uzbek specialists in Aktif Tech projects, as well as the integration of local startups into the bank’s ecosystem.


    Aktif Bank is the largest private investment bank in Türkiye, founded in 1999. The bank operates an extensive fintech ecosystem, encompassing digital banking, payment solutions and ticketing services. Its subsidiary UPT, established in 2010, is an international money transfer platform providing services in nearly 200 countries. The ecosystem also includes Aktif Tech — a technology company with approximately 300 employees that specializes in payment solutions, card platforms, POS and ticketing systems, and supports international expansion across the Balkans, the CIS and the Turkic region.  


    During the meeting, representatives of IT Park Uzbekistan provided an overview of the park’s activities, the incentives available to international companies and the conditions created to attract high-technology projects to Uzbekistan. The delegation from Aktif Bank, UPT and Aktif Tech expressed interest in local opportunities, including the potential of Uzbek specialists and the country’s IT resources.


    Special attention was given to the development prospects of Aktif Tech in the region. The parties agreed to continue negotiations and conduct a detailed assessment of the potential for engaging Uzbek IT professionals in the development of technological solutions for the Aktif group.



    The meeting also examined cooperation opportunities between the startups Mulk Protocol, PayLov and representatives of Aktif Bank. The companies discussed potential directions for integrating the fintech solutions of these startups into the bank’s products. IT Park Uzbekistan will provide further information on other startups that may be of interest to the Aktif group in the near future.


    Mulk Protocol is an Uzbek fintech startup focused on the tokenization of real estate and businesses. The platform enables the conversion of real assets into digital tokens, their fractional distribution and the attraction of investors. The startup’s solutions are based on the principles of Islamic finance. Mulk Protocol has already gained international recognition, becoming the winner of the InBattle Startup Awards at the INMerge Innovation Summit 2025.


    PayLov is an Uzbek fintech service offering a range of payment and financial services via a mobile application. The platform provides money transfers, service payments, financial management tools and additional features such as investments and P2P transfers. PayLov aims to deliver an accessible and user-friendly financial service for users in Uzbekistan.


    Cooperation with Aktif Bank, UPT and Aktif Tech opens new opportunities for IT Park Uzbekistan to strengthen international partnerships, expand the export potential of Uzbek IT companies and create new employment opportunities for the country’s specialists.

    Latest news

    31 March 2026

    Uzbekistan Plans to Launch Satellite Internet in 2026

    27 March 2026

    한국 게임사들의 새로운 해외 진출 거점, 우즈베키스탄이 뜬다

    26 March 2026

    Uzbek Delegation Holds Talks with IT Companies and Diaspora in Washington

    26 March 2026

    International Digital Technology Center to launch in Uzbekistan with incentives for companies

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    26 July 2025

    GBSF 2025 outcomes: Uzbekistan strengthens its status as an IT hub

    Tashkent hosted the Global Business Services Forum 2025 (GBSF 2025), one of the most prominent events of the year in the field of IT outsourcing and digital services. Organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies, the event convened approximately 450 participants representing 260 companies, including 237 international companies from 40 countries. Among the attendees were representatives of multinational corporations, startups, government agencies, and venture capital funds.

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    16 July 2025

    IT Park Uzbekistan and Berlitz strengthen cooperation in talent development

    IT Park Uzbekistan hosted a follow-up meeting between Makhliyo Muksinova, Services Export Development Director at IT Park, and Mr. Wilson Go, President of Berlitz Philippines. The meeting served as a continuation of the dialogue initiated by Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan, and Fortuna Joy de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan.

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    10 July 2025

    IT Park Uzbekistan strengthens cooperation with member companies and supports business scaling

    Representatives of IT Park Uzbekistan held a series of working meetings with member companies — E-LINE PRESS, LEGALMAX CENTRAL ASIA, FINANCIAL CHAIN CORPORATION, and IONE — during which the prospects for further business development, the implementation of new projects, and projected volumes of export services were thoroughly discussed.

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    31 March 2026

    Uzbekistan Plans to Launch Satellite Internet in 2026

    An international forum, Digital Qazaqstan 2026, dedicated to digital development and technology, was held in Shymkent. The event brought together representatives of governments, technology companies, startups, and international organizations, including a delegation from IT Park Uzbekistan.

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    27 March 2026

    한국 게임사들의 새로운 해외 진출 거점, 우즈베키스탄이 뜬다

    글로벌 게임 산업이 빠르게 재편되고 있다. 성숙한 시장에서 개발 비용이 상승하고 한국 스튜디오들이 국제적 영역을 확장해 나가면서, 확장 가능한 생산 기지, 현지화, 그리고 지역 지원 허브에 대한 필요성이 점점 더 전략적 중요성을 띠고 있다.

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    26 March 2026

    Uzbek Delegation Holds Talks with IT Companies and Diaspora in Washington

    Uzbekistan’s Minister of Digital Technologies, Sherzod Shermatov, and CEO of IT Park Uzbekistan, Azamat Karamatov, held a series of meetings in Washington with international companies, startups, and Uzbek diaspora representatives. The discussions focused on developing the IT ecosystem, attracting investment, and boosting digital service exports.

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    26 March 2026

    International Digital Technology Center to launch in Uzbekistan with incentives for companies

    Uzbekistan plans to establish an International Digital Technology Center under the “Enterprise Uzbekistan” brand. The center will operate under a special legal regime valid until 2100.

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    25 March 2026

    New Initiatives in Finance and Digital Technologies Presented

    On March 25, President Shavkat Mirziyoyev reviewed a presentation on the establishment of the Tashkent International Financial Center, the launch of the International Center for Digital Technologies, and the introduction of Islamic finance mechanisms into the banking system.

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    19 March 2026

    Korea–Uzbekistan GameDev Cooperation: Building Scalable Production Networks

    The global gaming industry is undergoing structural transformation. As development costs rise in mature markets and Korean studios expand their international footprint, the need for scalable production, localization, and regional support hubs is becoming increasingly strategic.

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    18 March 2026

    Dalerkhon Nodirov appointed director of IT Park Ventures

    Dalerkhon Nodirov has been appointed Director of the venture fund IT Park Ventures. Previously, the position was held by Azamat Karamatov, who has transitioned to the role of CEO of IT Park Uzbekistan.