Oson sets up shop in DIFC

Oson taps DIFC for its regional HQ: Uzbekistan-based fintech Oson rolled out its regional headquarters in Dubai International Financial Centre (DIFC) as it prepares to launch a multi-currency wallet in the MENA region, according to a press release. The firm secured in-principle approval to operate in the DIFC in October as it prepares for its first investment round.

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The details: Oson is looking to tap into the cross-border payment market between Central Asia and the Middle East, as well as regulatory compliance markets. The firm, which is active in Kyrgyzstan and Tajikistan, processed over 30 mn transactions in 9M last year.