Tag: Turkey

dLocal expands global reach with key licences

dLocal has announced the acquisition of key regulatory approvals in three significant emerging markets—United Arab Emirates (UAE), Turkey, and the Philippines—marking a major step forward in its global expansion and regulatory positioning.

InsurTech leader Peak3 secures $35m to drive European expansion

Peak3, a global InsurTech company specialising in cloud-based insurance solutions, has raised $35m in a Series A funding round to accelerate its expansion across...

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

European InsurTech Deal Activity Drops

Key European InsurTech investment stats in Q1 2024 • European InsurTech deal activity totalled at 16 transactions in Q1 2024, a 57% drop from Q1...

Turkish FinTech Colendi secures $65m funding round led by Citi Ventures

Turkish FinTech startup, Colendi, has successfully raised $65m in fresh funding.

European FinTech seed deal activity in Q1 2024 almost halves with...

Key European FinTech seed deals stats in Q1 2024: • European FinTech seed deal activity reached 161 deals in Q1 2024, a 49% drop YoY •...

TerraPay and Papara join forces to revolutionise Turkish cross-border payments

TerraPay is set to provide nearly 17m Papara wallet users with a secure, simple, and seamless means of transferring money worldwide, as part of a new partnership with the Turkish FinTech.

European WealthTech has seen a major fall in investment in H1...

In the first half of 2023, European WealthTech firms raise a combined funding of $553m, marking a substantial 90% decrease compared to the same...

VakıfBank Revolutionises Document Submission with Scanbot SDK

VakıfBank stands as Turkey’s second-largest bank concerning asset size and loans. With a robust approach, the bank provides state-of-the-art products and services for corporate, commercial, and individual banking sectors. Adhering to modern banking standards, VakıfBank is paving the way for a higher savings rate in Turkey.

Turkish FinTech Craftgate secures $1m to revamp payment solutions

Craftgate, an Istanbul-based FinTech company, announced a recent investment round that infuses $1m into the firm's coffers.

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