Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as...
Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing...
Singapore’s banks are reportedly increasing customer scrutiny following a $1.8 billion money laundering scandal. As the Financial Times (FT) reported Saturday (Sept. 23), this added oversight...
Alibaba reportedly told Turkey’s president it plans to invest $2 billion in the country. Alibaba President Michael Evans made the remarks in a meeting with...
Turkey-based grocery delivery company Getir is reportedly raising $500 million in a new funding round. The investment values the company at $2.5 billion, a decrease...
The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get...
Turkish FinTech Colendi says it’s set to launch the country’s first digital deposit bank. That announcement came Monday (Aug. 21), after Colendi received approval from the Turkish Banking Regulation...
The digital, connected economy knows no borders. The movement of money, however, is increasingly aware of them. Whether a company is already transacting internationally, or...
Papara has become Turkey’s first FinTech unicorn company. The achievement — reaching a valuation over $1 billion — follows a major deal with Spain’s Beka...