Results of the Third "Demo Day for Banks" at IT Park

🔘 The third "Demo Day" for startups, organized by IT Park and AloqaVentures with the support of the  Ministry of Digital Technologies, was held with the participation of commercial banks in Uzbekistan. Six promising startup projects were presented.

"Demo Day for Banks" has become a traditional event designed to strengthen collaboration between commercial banks and startups within our country. Representatives from banks including Agrobank, Asia Alliance Bank, Aloqabank, BRB, Davr Bank, Infinbank, Ipak Yo’li Bank, Mikrokredit Bank, Milliy Bank, Orient Finance Bank, SQB, Trast Bank, Turon Bank, Xalq Bank, and Hamkorbank attended the meeting. Previous sessions were held on May 14 and 31.

On July 12, representatives of Uzbekistan’s major commercial banks were introduced to six promising startups: UySot, IMAN, RoyalTaxi, AllGood, MyCFO, and OzPlanet. Each company was allocated time to present their startup, participate in a question-and-answer session, and engage with investors.

UySot showcased a platform for renting and selling real estate, offering convenient and efficient solutions for users.

IMAN demonstrated an innovative fintech product providing opportunities for Islamic banking and financial management.

RoyalTaxi presented a modern taxi service ensuring comfortable and safe rides through the use of advanced technologies.

AllGood introduced the AllGood ecosystem (AllGood Nasiya & AllGood Market), encompassing digital services for online shopping and installment payments.

MyCFO presented a comprehensive solution for IT services and consulting, operating in compliance with the legislation of the Republic of Uzbekistan.

OzPlanet offered a digital platform for financial products and services tailored for businesses.

A significant part of the event was the discussion with Timur Ishmetov, First Deputy Advisor to the President of the Republic of Uzbekistan, Olimjon Umarov, First Deputy Minister of Digital Technologies, and Abrorkhuja Turdaliev, Deputy Chairman of the Central Bank, who shared the outcomes of previous events.

The event also featured startups that had previously participated in pitch sessions — Jett, Cradle, Zypl.AI, Coozin, Sug’urta bozor, Ustabor. These startups shared their experiences in collaborating with banks, discussed their achievements, and addressed the challenges they encountered during the collaboration process. This exchange of experiences proved to be highly beneficial for both startups and banks, fostering a deeper understanding of each party’s needs and opportunities.

 

 

2024-07-13