Ayan Capital raised $1 million in investments from IT Park Ventures

IT Park Ventures participated in a $4 million investment round for Ayan Capital, a British Islamic FinTech startup, investing $1 million. International investors from the United Kingdom and Switzerland also took part in the round. The raised funds will be directed toward further scaling the company, developing technological solutions, and expanding the team, particularly the development team based in Uzbekistan.

Ayan Capital is a British Islamic FinTech startup founded by serial entrepreneurs Abdullo Kurbanov, Firdevs Mirzoyev, and Zuxursho Rahmatulloev, who previously created Alif, one of the largest FinTech companies in Central Asia.

Ayan Capital is based in London and is developing a digital ecosystem of Islamic financial services in the United Kingdom. Today, the company provides fully digital halal auto-financing for individual clients, entrepreneurs, and businesses, using its own technologies for automated scoring and underwriting. The company is also actively developing new financial products, including the Ayan Pay payment platform, debit cards, Islamic deposits, and installment solutions. Ayan Capital holds a license from the UK Financial Conduct Authority, confirming a high level of compliance with the requirements of one of the most developed financial markets in the world.

IT Park Ventures' investment will be directed toward further developing the company's technological ecosystem, creating proprietary AI solutions for scoring and automating the auto-loan issuance process, as well as expanding the development team in Uzbekistan.

Ayan Capital's strategic goal is to transform from a specialized Islamic FinTech into a full-fledged digital neo-bank in the United Kingdom. The company has already announced plans to obtain a banking license and build one of the largest Islamic financial ecosystems in the Western market.

For IT Park Ventures, this investment is part of its strategy to support high-tech startups with global potential and strong expertise in FinTech, artificial intelligence, and digital financial services. The fund pays special attention to companies that successfully operate in international markets while simultaneously developing their technological and product teams in Uzbekistan, contributing to the growth of the national innovation ecosystem and the creation of highly qualified jobs.

Dalerkhon Nodirov, Director of IT Park Ventures
We invest primarily in teams capable of transforming entire markets. The founders of Ayan Capital have already proven this by creating one of the largest FinTech companies in Central Asia. Today, they are building a next-generation Islamic digital bank in the United Kingdom, and we are proud to be part of this growth story. Supporting startups that build global businesses while simultaneously forming strong teams within the country is one of IT Park Ventures' priorities. We are confident that the combination of a strong team, modern technologies, and ambitious vision will allow the company to secure a significant position in the British market.

The investment in Ayan Capital strengthens IT Park Ventures' international portfolio and confirms the fund's commitment to supporting promising technology companies capable of creating innovative solutions for global markets and contributing to the development of Uzbekistan's technological ecosystem.