DUBAI, United Arab Emirates, November 20, 2025 (EZ Newswire) — Following the In-Principle Approval (IPA) granted by the Dubai Financial Services Authority (DFSA) for the registration of OSON (DIFC) Limited, the fintech holding company OSON, opens new tab has entered negotiations with three UAE banks to establish strategic partnerships in preparation for the launch of its multi-currency wallet, OSON Wallet.
The company notes that the UAE’s banking sector plays a vital role in shaping the new digital finance landscape, where collaboration between traditional institutions and fintech innovators drives accessibility and financial inclusion.
As part of its 2026 expansion roadmap, OSON plans parallel product launches across Central Asia, the MENA region, and the United States.
All these markets will be connected through a unified technology platform enabling cross-border payments, money transfers, and multi-currency operations within a single financial ecosystem.
In preparation for its U.S. market entry, OSON is finalising registration as a Money Services Business (MSB) under FinCEN (USA) and building operational links between its UAE and Central Asian entities.
These partnerships aim to strengthen the fintech bridge between MENA and Central Asia, providing users with secure, efficient, and borderless financial solutions.
Looking ahead, OSON’s goal is to make cross-border payments simpler, faster, and more accessible — connecting people and businesses worldwide through a single financial platform.
About OSON
OSON Holding was founded by Farkhod Makhmudov, an entrepreneur and investor from Uzbekistan. The company’s journey began in 2016 with the launch of OSON Wallet, one of the first digital payment solutions in the country. Today, the holding company operates in six countries, with five of them being regulated jurisdictions. The group focuses on developing fintech products for both consumers and banks, covering areas such as e-money, digital payments, agent networks, and acquiring services. In 2025, OSON expanded into the telecom sector, launching OSON eSIM, a digital connectivity service that allows users to access mobile data plans in 178 countries.
The holding company unites several companies under a single brand, operating across multiple regions — from cash-in terminal networks to digital wallets and acquiring platforms. OSON currently serves over 2.8 million users and, since 2023, has been actively expanding internationally — first across Central Asia, and from 2026, into the MENA region and North America.
Source: Reuters