FIDO-BIZNES

What FIDO-BIZNES does

FIDO-BIZNES is a privately held Uzbekistan IT solutions provider founded in 1993 and headquartered in Tashkent, specializing in regulated enterprise software for the banking, government, and public-sector markets. The company builds and maintains 50+ proprietary products, anchored by its Integrated Automated Banking System (IABS), which it states is used by the majority of Uzbekistan banks and supports SWIFT integration (since 2009), SWIFT GPI (since 2021, one of the first in Central Asia), and ISO 20022 migration. Adjacent offerings include FB ASKUE (energy resource metering using PLC technology), ISUGF and KIGB (public finance management and treasury execution for the Ministry of Finance), AS EDP and AS PP (postal money transfers and payment acceptance for Uzbekistan Post), AIS VPPDK (pension disbursement for People's Bank), Fido Business Suite (ERP), and a Corporate Digital Banking Platform built on microservices for clients such as Mikrokreditbank.

The business operates a sales-led, direct enterprise go-to-market with no public pricing—each engagement is scoped and contracted on a multi-year basis. Revenue streams span custom turnkey software development, hardware and server equipment supply (including Uzbekistan's first locally manufactured mobile data center for Asia Alliance Bank), DBMS licensing and technical support for Oracle Database and IBM DB2, and implementation of pre-built solutions. Distribution is supplemented through strategic partnerships: FIDO-BIZNES holds official SWIFT Business Partner status (2024) and was named UZCARD Strategic Partner (2023), giving it embedded access to Uzbekistan's national payment infrastructure and SWIFT's member network. The company has 251-500 employees, runs an internal Fido Biznes Academy (opened August 2025), and is beginning to signal international expansion via Central Asian and GCC events.

Recently launched initiatives—FB CardHub Clearing (July 2026), the first national UZCARD credit cards on the IABS (June 2026, first deployed at MKBANK), and an Islamic Banking conference at the Academy—indicate active product pipeline development and vertical expansion. Revenue is not publicly disclosed, and ownership structure is undisclosed beyond apparent founder/management control.

Name

FIDO-BIZNES

Legal name

Fido Biznes

Website

https://fido-biznes.uz

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

FIDO-BIZNES is a 30-year-old Uzbekistan-based IT vendor that develops and integrates proprietary enterprise software, anchored by the IABS core banking platform and 50+ specialized modules, for banks, government agencies, and large organizations across Central Asia.

Ownership category

akta.pro rank

Product category

Core Banking Software Solutions

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371)

akta.pro industry

PRIMARYBPAEAAAI

Data Platform, BI & Analytics Integration

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/IT Consulting & Systems Integration

SECONDARYBPAEAHAD

Business Intelligence, Reporting & Visualization Services

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/Data, Analytics & AI Services

Keywords

• Core banking software
• Government IT systems
• Treasury management systems
• Payment processing platforms
• Banking software solutions

Headquarters

HQ city

Tashkent

HQ country

Uzbekistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Software Development: Turnkey software development services for banking, government, and enterprise clients. Projects include system design, implementation, and technical support.
2. Hardware and Equipment Supply: Supply of server equipment, networking hardware, and infrastructure solutions including first mobile data center manufactured in Uzbekistan.
3. DBMS Delivery and Support: Delivery, installation, and technical support of Oracle Database and IBM DB2 with licensing and performance optimization services.
4. Ready-made Solution Implementation: Supply, implementation, and technical support of pre-built software solutions for banking and government sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

FIDO-BIZNES develops, integrates, and supports proprietary enterprise IT solutions for the banking sector (notably the Integrated Automated Banking System / IABS), government public-finance and treasury operations, postal/payment networks, energy resource accounting, and general enterprise management, alongside turnkey custom software development, server and networking equipment supply, and Oracle/IBM DB2 delivery and technical support. Its portfolio covers 50+ proprietary solutions serving banks, ministries, postal operators, telecoms, insurers, healthcare providers, utilities, and large enterprises primarily in Uzbekistan and Central Asia.

Product overview

FIDO-BIZNES offers a comprehensive portfolio of IT solutions centered around its core Integrated Automated Banking System (IABS), which serves as the foundation for banking sector operations. The company provides 50+ proprietary developments across government, banking, insurance, telecommunications, healthcare, leasing, and utility sectors. Key products include specialized government finance management systems (ISUGF, KIGB for treasury operations), postal and payment systems (AS EDP for money transfers, AS PP for payment acceptance), energy metering solutions (FB ASKUE), and enterprise management tools (Fido Business Suite). The offering follows a platform-plus-modules architecture where the IABS serves as the core banking platform with specialized add-on modules for specific banking functions like card processing, corporate digital banking, and SWIFT integration. Recent launches include FB CardHub for next-generation card processing and national UZCARD credit card support.

Differentiator

Problem solved

Functional benefit

Products and services

• IABS (Integrated Automated Banking System) Comprehensive banking software platform supporting the full lifecycle of banking products including cards, credits, deposits, payments, SWIFT messaging, card processing, and corporate digital banking for banks in Uzbekistan.
• FB ASKUE (Automated Energy Resources Control and Accounting System) Automated system for monitoring and accounting of electricity, gas, heat, hot and cold water consumption using Power Line Communication (PLC) technology for residential and industrial energy providers.
• ISUGF (Public Finance Management Information System) Software for comprehensive automation of state budget management, treasury operations, and government financial resource management for ministries and treasury departments.
• KIGB (Treasury Execution of State Budget) Automated control system for treasury execution of the state budget with multi-level hierarchy (central, regional, district) supporting budget planning, obligation management, payment processing, and financial reporting for the Ministry of Finance.
• AS EDP (Automated Electronic Money Transfer System) Automated system for electronic money transfer processing at postal facilities, including transaction automation, unified database, centralized data processing, and electronic document flow for postal money services.
• AS PP (Automated Payment Acceptance System) Automated system for acceptance of utility and service payments from individuals and legal entities, with centralized management, unified accounting, and tariff policy administration across the postal network.
• AIS VPPDK (Automated Pension Payment Information System) Automated system for payment and delivery of pensions, benefits, and cash compensation to the population through the postal service network, including unified database and statistical reporting for People's Bank of Uzbekistan.
• Fido Business Suite Enterprise management system covering general ledger, accounts payable/receivable, cash management, fixed assets, inventory, procurement, sales, HR, payroll, and budget execution control for large organizations.
• Corporate Digital Banking Platform (TSB Business) Microservices-based digital platform for corporate banking services replacing traditional internet banking, with API-driven integration, flexible role management, and phased migration capabilities for corporate clients.
• FB CardHub Next-generation card platform including a clearing module for centralization of card clearing operations and reduced load on core banking systems.
• Turnkey Custom Software Development Turnkey custom software development service covering system design, implementation, integration, and technical support for banking, government, and enterprise clients.
• Server and Network Equipment Supply Supply of server equipment, networking hardware, and infrastructure solutions, including mobile data centers, delivered turnkey with project design, installation, and guaranteed technical support.
• DBMS Delivery and Technical Support Delivery, installation, commissioning, and ongoing technical support of Oracle Database and IBM DB2 systems, including licensing and performance optimization services.

Quantifiable outcome

• Up to 70% of basic corporate banking operations can be performed remotely
• +1 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature9 records

Partnerships

Eleven partnerships are on record, tiered flagship, minor and core.

• MKBANKflagshipStrategic or Co-development Partner · 25 June 2026First partner bank to launch UZCARD national credit cards using FIDO-BIZNES technology. Project implemented full lifecycle support for credit card product in IABS.
• Marketing Association of UzbekistanminorGTM or Marketing Partner · 17 April 2024Premium partner status with Marketing Association of Uzbekistan, demonstrating marketing excellence recognized in IT sector.
• SWIFTcoreTechnology or Integration · 11 March 2024FIDO-BIZNES became official Business Partner of SWIFT in 2024. Company has integrated IABS with SWIFT since 2009, implemented SWIFT GPI technology in 2021 (one of first in Central Asia), and now supports ISO 20022 migration.
• Amity UniversityminorStrategic or Co-development Partner · 1 January 2024Memorandum of understanding for cooperation in education, research, and development. Aims to exchange knowledge, experience, and best practices in IT field.
• IT INTERNminorStrategic or Co-development Partner · 7 November 2023Partnership with IT knowledge development center to support junior IT specialists, apply learned knowledge in practice, and help develop new skills.
• UZCARDcoreStrategic or Co-development Partner · 26 October 2023FIDO-BIZNES recognized as Strategic Partner of UZCARD at UZCARD FORUM 2023. Company provides technological solutions for national payment system including implementation of credit card products and card processing capabilities.
• INHA University TashkentminorStrategic or Co-development Partner · 11 October 2023Cooperation memorandum signed for talent development, joint education initiatives, and IT industry professional growth support.
• Employers Association of UzbekistanminorOthers · 1 January 2023Member of Employers Association of Uzbekistan, contributing to IT industry workforce development and employer interests.
• MikrokreditbankcoreStrategic or Co-development PartnerCollaborative development of new corporate digital servicing platform with microservices architecture and API approach. Bank views project as strategic investment in corporate business development.
• Shamuradov Rustam (UZCARD)minorOthersDirector of Credit Product Development at UZCARD, quoted on credit card launch collaboration with FIDO-BIZNES.
• Dadajanova Farida (FIDO-BIZNES)coreOthersGeneral Director of FIDO-BIZNES, leading company strategy and partnerships including UZCARD credit card project and digital banking transformations.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• IBS Group (IBS IT Services): Russian IT services and software group active in banking, government, and industrial sectors with comparable custom software development, systems integration, and IT infrastructure delivery capabilities. Comparable as a peer systems integrator targeting the same CIS banking and government verticals.

Regional players

• Uzinfocom: Uzbekistan's state IT center operating under the Ministry of Digital Technologies; delivers e-government platforms, national payment infrastructure (HEMIS, my.gov.uz), and IT services for state agencies. Most directly comparable Uzbek peer for government-sector IT delivery.

Broad incumbents

• Temenos: Global leader in core banking software (Temenos Core Banking, Transact) serving retail, corporate, Islamic, and wealth banking. Comparable as the international benchmark against which Fido-Biznes' IABS competes; tier-1 banks in emerging markets often evaluate Temenos when modernizing legacy core platforms.
• Oracle Financial Services Software: Provides Oracle Banking Platform (formerly Flexcube) and Oracle FLEXCUBE core banking solutions to banks globally. Comparable as both a competitor in core banking and a partner/technology provider (Fido-Biznes resells Oracle Database licenses for its banking systems).
• FIS (Fidelity National Information Services): One of the world's largest financial technology vendors, offering core banking, card processing, payments, treasury, and wealth platforms. Comparable to Fido-Biznes across the same solution areas (core banking, cards, treasury, payments) but at global scale.

Direct peers

• R-Style Softlab: Russian banking-software vendor offering core banking (RS-Bank), card processing, and document workflow solutions used across CIS financial institutions. Comparable as a regional banking-IT competitor with overlapping product set in the CIS banking modernization market.
• BPC Banking Technologies: Switzerland-based vendor of core banking, digital banking, and card processing solutions with strong presence across CIS, Middle East, Africa, and Latin America. Comparable as a regional banking-software specialist targeting emerging markets with similar banking-IT modernization needs as Uzbekistan.
• Infosys Finacle: Infosys' flagship core banking, digital channels, and treasury suite deployed at hundreds of banks globally. Comparable to Fido-Biznes' IABS as a digital banking platform with full product lifecycle coverage and strong emerging-market footprint.
• Diasoft: Russian-headquartered provider of core banking, payments, and insurance platforms deployed across CIS banks. Most directly comparable competitor for the same Uzbekistan/CIS bank modernization projects where Fido-Biznes competes.
• Tietoevry Banking: Nordic-headquartered banking software specialist offering core banking, cards, payments, credit, and financial crime solutions. Comparable as a regional banking-software specialist with similar product breadth and a focus on serving banks with full lifecycle IT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/fido-biznes-uz
• Instagraminstagram.com/fido_biznes

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FIDO-BIZNES