Click

History

2025: Halyk Bank bought 49% of Click for $176.4 million

Kazakhstan People's Bank (Halyk Bank) has concluded a strategic agreement on the acquisition of a 49% stake in the Uzbek fintech company Click for $176.4 million as part of a mutual exchange of assets. The deal assumes that the Uzbek side will receive a similar stake in the Kazakhstan subsidiary of Tenge Bank for $60.76 million, the bank said on July 23, 2025.

According to gazeta, the total value of mutual transactions is $237 million. The transaction requires regulatory approval from Kazakhstan and Uzbekistan. After the completion of the procedures, the companies will continue to function as independent legal entities.

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Фото: Freepik

Click is one of the leading providers of payment solutions and digital services in Uzbekistan. The platform serves more than 20 million users and manages about 10 million active digital wallets. The company is developing a SuperApp strategy, offering a wide range of services from insurance and payments to online trading and access to government services.

In 2024, the fintech service showed a significant increase in financial indicators. Click's revenue increased 35.3% and net income rose 37.5% from the previous period.

Halyk Bank is the largest financial group in Central Asia with assets over $37.5 billion and a market capitalization of $6.8 billion. The Bank sees this partnership as an opportunity to strengthen its position in the rapidly developing digital ecosystem of Uzbekistan.

Halyk Bank representatives noted that the strategic alliance will provide expanded solutions and services for corporate clients of various sizes, small and micro-businesses, as well as retail consumers. Synergy is achieved by combining scale, technological expertise and innovative solutions.^[1]

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