Uzbek Fintech OSON Secures DFSA Approval to Expand into the Middle East
DUBAI, UAE / ACCESS Newswire / October 29, 2025 /OSON, one of Central Asia 's fastest-growing digital payment platforms, has received an In-Principle Approval (IPA) from the Dubai Financial Services Authority (DFSA) - a major milestone toward securing a financial services license within the Dubai International Financial Centre (DIFC).
The approval marks OSON 's first step into the Middle East and positions the company among the few Uzbek fintechs to operate under DFSA oversight. This expansion underscores the growing global ambitions of Central Asia 's technology sector and reflects Dubai 's emergence as a strategic hub for fintech innovation and cross-border growth.
Founded in 2016, OSON has evolved from a domestic e-wallet into a multi-country fintech ecosystem with over 2.8 million users across Uzbekistan, Kazakhstan, Tajikistan, and soon Kyrgyzstan. The company holds regulatory licenses in multiple markets, offering digital payments, e-wallet services, and cross-border money transfers to consumers and businesses.
Securing DFSA 's In-Principle Approval represents more than regulatory progress - it serves as a bridge between two rapidly developing fintech regions. OSON aims to bring secure, fast, and accessible financial solutions to users across emerging markets while aligning with international best practices and standards.
Industry experts note that Dubai 's DIFC continues to attract emerging-market fintechs aiming to scale across the MENA region, offering a combination of strong regulation, global connectivity, and access to investment. For OSON, entering the UAE market represents both a strategic and symbolic step - positioning the company to compete in one of the world 's most dynamic fintech ecosystems.
About OSON
Founded in 2016, OSON is a leading fintech company based in Uzbekistan, providing digital payment and financial services across Central Asia. The company 's platform connects consumers, merchants, and institutions through a comprehensive suite of e-wallet and payment solutions. OSON currently serves more than 2.8 million users and continues to expand its operations regionally and internationally.
Website: http://www.oson.com/
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SOURCE:OSON
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