From September 15 to 17, the UZCARD payment system is participating in the prestigious international Money20\/20 Middle East fintech exhibition, held this year in Riyadh, Saudi Arabia. The company joins as a bronze partner, representing Uzbekistan among the world leaders in the digital finance industry.<\/p>\n
Participation takes place within the framework of UCMG group\u2019s activities, which has already established itself on the international stage. Earlier this June, the group took part in Money20\/20 Europe in Amsterdam, where, for the first time on behalf of Uzbekistan, innovative solutions in open banking, digital payments, and the nationwide payment system were presented.<\/p>\n
Entering the Middle East market is a significant strategic step towards expanding global presence and developing international cooperation.<\/p>\n
\u201cParticipation in Money20\/20 Middle East reflects our strategy to be part of the global movement and to share what has already been implemented in Uzbekistan. We are building an open ecosystem based on transparency, technology, and integration.<\/p>\n
The open banking model we are developing has proven itself at scale, works within real infrastructure, and is ready for expansion beyond the country. Today, we are focusing on strengthening international partnerships, strategic alliances, and implementing solutions that can enhance financial systems in other countries,\u201d said David Melikidze, CEO of UCMG LLC.<\/p>\n
UZCARD enters the global arena with a clear mission: to demonstrate that Uzbekistan is not just an emerging market but a country with its own fintech technologies, mature payment architecture, and ambitions for global influence.<\/p>\n
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