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Uzbekistan's mobile-only bank, TBC Bank Uzbekistan, has raised $38.2 million in a fresh funding round from its existing shareholders. The funding will be used to expand its financial products. The London-listed TBC Bank Group PLC, Georgia’s leading banking group and the parent company of TBC Bank Uzbekistan, is investing $23 million. Additionally, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are each investing $7.6 million.
TBC Bank Uzbekistan Secures Record US$ 38.2M Equity Investment from Shareholders. London-listed TBC Bank Group PLC, Georgia’s leading banking group & the parent company of TBC Bank UZ, is investing US$ 23M, while we're together w/ @IFC_org investing US$ 7.6M each. https://t.co/fyePomYDcX
Uzbekistan mobile bank TBC raises $38.2M to expand its financial products: https://t.co/RHnwLdhbxk by TechCrunch #infosec #cybersecurity #technology #news
Uzbekistan mobile bank TBC raises $38.2M to expand its financial products: Uzbekistan's mobile-only bank TBC Bank Uzbekistan has raised $38.2 million in a fresh funding by its existing shareholders. © 2024 TechCrunch. All rights… https://t.co/HwjIa1ZnFE #AI #AInews #AItips
