500 Global

500 Global, established in 2010, is a global venture capital firm with over $2.4 billion in assets under management. Based in Mountain View, California, with offices worldwide, the firm invests in early-stage technology companies across 80+ countries. 500 Global focuses on markets where technology and innovation can drive long-term value and economic growth. The firm's investment portfolio spans diverse sectors such as biotech, fintech, internet, and consumer services, with a preference for companies generating at least $100,000 in monthly revenue. 500 Global offers a four-month accelerator program, providing startups with funding, mentorship, and connections to renowned investors. The firm has invested in over 2,800 companies, including 35 unicorns, and has a team of over 190 members based in 25 countries.

Past deals in Uzbekistan

IMAN

Venture Round in 2022
IMAN is a Halal financial super app based in Tashkent, Uzbekistan, established in 2019. The company focuses on providing ethical investment and funding solutions that align with Islamic beliefs, catering to the needs of over 700 million digitally connected Muslims worldwide who often find traditional banking products unsuitable. IMAN specializes in Banking-as-a-Service, offering a portable banking architecture that allows for seamless integration of its innovative offerings into existing bank infrastructures. This strategy fosters collaboration within the financial industry and enhances user adoption. The company's services include a halal Buy Now Pay Later (BNPL) solution for retailers, facilitated through its PAY and MERCHANT applications, enabling consumers to make purchases and pay in halal-compliant monthly installments. Additionally, investors can generate halal profits through the company's INVEST application, creating a mutually beneficial ecosystem. IMAN is currently focused on the Uzbekistan market, with plans for expansion into the MENAPT region and a vision to serve as a Halal alternative to financial services in MENA and Asia.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.