Beepul ranks among Uzbekistan's four largest payment services

In the first half of 2026, Beepul generated UZS 87.3 billion in revenue, up from UZS 44.6 billion a year earlier — a 96% year-on-year increase, according to financial statements published by OpenInfo for Q2 2026. Over the same period, the service rose from fifth to fourth place by revenue among Uzbekistan's payment companies.

The result comes as Uzbekistan's payments market continues to grow. The country's ten largest payment companies generated a combined UZS 2.4 trillion in revenue in the first half of 2026 — 41% more than a year earlier. Beepul's revenue has grown from less than UZS 10 billion a few years ago to nearly UZS 90 billion today, significantly outpacing the overall market.

User engagement has grown alongside revenue. Beepul's monthly active users reached 1 million during the first half of 2026, reflecting the continued adoption of mobile financial services on the platform.

«The first-half results show that Uzbekistan's digital payments market continues to develop actively, with competition becoming increasingly intense. In this environment, it is especially important not only to scale the business, but also to create long-term value for users. Beepul's revenue growth and stronger market position are the result of consistent work on the product, ecosystem development, and improving the quality of digital services,» said Anatoliy Pavlinov, Director of JSC "Beelab.

JSC "Beelab" is part of Beeline Uzbekistan's digital ecosystem and contributes to its growth. In the first half of 2026, Beeline Uzbekistan's digital revenue increased by 31.7% year-on-year.

About Beelab

Beelab is an Uzbek fintech company founded on February 19, 2018, and a subsidiary of Beeline Uzbekistan (VEON Ltd.). The company develops and provides technical support for digital financial products, including the Beepul service, and works closely with banks and other financial institutions.

About Beepul

Beepul is a universal payment assistant offering access to more than 1,000 services in Uzbekistan. Utility bills, mobile and internet payments, online services, and more — all in one app, just a few taps away.

Beepul enables customers of all mobile operators in Uzbekistan to make instant card-to-card transfers, manage payments, and earn Beep bonuses through its loyalty program. Users can also take advantage of autopayments, bonus programs, and exclusive offers from Beeline Uzbekistan, making payments through Beepul convenient, fast, and secure.

Download Beepul from the AppStore or GooglePlay.