Published
10/06/2026, 19:01MBANK announced the integration of the Mashina, MHouse, and MBazar platforms into the bank’s ecosystem. The deal took place back in late 2025, but the bank only announced it now, at the annual MTalx event.
“Buying a car or an apartment isn’t just a purchase—it’s a major life decision. That’s why our goal isn’t just to help with searching and choosing, but to build a comprehensive ecosystem around car buyers and property owners. Together with MBANK, we’re bringing the entire customer journey into a single ecosystem—from selection and purchase to the financial and other services needed after the transaction,” said Ivan Savkin, CEO of Mashina, MHouse, and MBazar.
The acquisition brings together financial services and platforms where consumers select cars, real estate, and other goods within a single ecosystem.
According to MBANK CEO Marat Toraliev, the pause between the acquisition and the public announcement was necessary to transform the companies and bring their operations in line with MBANK’s standards. The platforms have been named Mashina, MHouse, and MBazar. The transaction value and the size of the acquired stakes were not disclosed in the presentation.
The bank provided the most detailed information about the changes to the Mashina car service. The platform is now accessible within the MBANK app. In addition to posting and searching for listings, it integrates services for vehicle inspections, registration, insurance, and purchase financing.
The acquisition brings financial services together into a single ecosystem.
According to data presented in the presentation, Mashina has 1 million users and more than 100,000 listings. About 1,000 new car listings appear on the platform every day.
Through the platform, as reported by MBANK, auto financing totaling over 2 billion som has already been approved. This figure represents approved applications.
The connection between car searches and financial services is already evident in the platform’s interface.
The economic rationale behind this move goes beyond a mere rebranding. The classifieds platform allows the bank to offer financial services at the very moment a person is deciding on a purchase.
Now, searching for a car, purchasing insurance, and applying for financing are all part of a single process. For the bank, this model creates additional opportunities to attract customers and sell services.
For consumers, the integration of these services can reduce the number of steps involved in the purchase. A minimum down payment of 10% of the car’s value is required for the transaction. The maximum financing term is five years, and the interest rate is 17% per annum.
The disclosed metrics provide insight primarily into the platform’s scale and the demand for financing. It remains to be seen how the acquisition will affect the bank’s revenue, the cost of services for buyers, and market competition.
