One of Uzbekistan’s top fintech platforms, Click, reported a 35% revenue growth in the first nine months of 2024, showcasing robust performance across key metrics compared to 2023.
Revenue rose by 35.3% y/y to UZS 420.9 bn (approx. $32.89 mn), while net profit increased 37.5%, reaching UZS 179.3 bn (approx. $14.02 mn), up from UZS 130.4 bn (approx. $10.19 mn) in 2023. Assets grew significantly, climbing 68% to UZS 266.8 bn (approx. $20.86 mn), reflecting Click’s expanding role in Uzbekistan’s digital finance sector.
Growth in Registered Users and Service Adoption
Click’s user base saw a 17.1% increase y/y, surpassing 18.4 mn registered users by September 2024, compared to 15.7 mn in 2023. Authorized accounts nearly tripled with a 198% rise, now totaling 3.3 mn. Notably, Click’s “My Car” service grew by 25% in Q3, and the “My Family” feature continued to drive engagement with commission-free family transfers, mirroring the rise in digital adoption.
Strengthened IT Capabilities and Security Compliance
To support this growth, Click expanded its IT team by 80% over the past year, investing in PCI DSS 4.0 security standards. The company also launched a new analytics and AI lab, leveraging big data to meet customer needs and enhance service delivery.
Rebranding and Increased Engagement
Click’s Q3 rebranding campaign, "It’s Cool That You Are Like This," led to a 120% boost in user engagement, with active users up 86% and the average daily audience on Click’s channels nearly tripling from 2023.
Leading ESG and Community Initiatives
Reflecting its commitment to environmental and social governance, Click raised UZS 4.165 bn (approx. $325,500) for children’s medical support, a notable increase from past contributions. As Uzbekistan’s first payment company to acquire I-REC “Green Energy” certificates, Click also introduced a user rewards program to support tree planting and a new employee benefits initiative, “Click Choyxona,” encouraging contributions to ESG projects.
With significant gains from 2023 to 2024 in revenue, user engagement, and ESG initiatives, Click continues to solidify its position in Uzbekistan’s fintech market, fostering a sustainable, digital-first economy.
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