BUSINESS

BBVA, OpenAI strike strategic partnership to reshape banking with AI and its impact on Turkish unit

The deal aims to transform customer experience and operational efficiency across the bank by placing AI BBVA and OpenAI have announced a strategic partnership aimed at transforming customer experience and operational efficiency across the bank by placing artificial intelligence (AI) at the core of its […]

BioScience Managers, Maxis launch health technology-focused fund in Türkiye

The fund marks the first health-focused venture capital fund in Türkiye established by foreign investors International healthcare investment firm BioScience Managers, in partnership with Maxis, a subsidiary of Türkiye İş Bankası, launched the BioScience Managers Venture Capital Fund, marking the first health-focused venture capital fund […]

Paribu acquires CoinMENA, MENA’s largest local crypto exchange, for $240 million 

Paribu, Türkiye’s leading digital asset platform, acquired the largest digital asset platform of MENA. Türkiye’s leading digital asset platform Paribu announced that it acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), for USD 240 million. The deal represents Türkiye’s largest fintech transaction to date and the […]

Workup Entrepreneurship Program marks graduation of 13th Cohort

Sixteen startups graduated from the 13th cohort of the Workup Entrepreneurship Program Sixteen startups graduated from the 13th cohort of the Workup Entrepreneurship Program, an initiative supported by Türkiye İş Bankası and running since 2017, the bank announced. More than 75 Workup alumni have raised […]

Top 3 tech, startup and sustainability stories of the week, Dec 1-5, 2025

This week’s stories are about tech, AI and sustainabilityi coming from Europe and the USA Europe’s slow AI buildout may become a strategic strength Europe’s cautious pace in deploying artificial intelligence (AI) infrastructure—often viewed as a disadvantage compared with the U.S. and China—could ultimately give […]

EasyCep raises $45 million to expand electronics refurbishment business

EasyCep Co-Founder said the funding will help the company deepen the transformation it has initiated in the used smartphone sector Turkish refurbished electronics platform EasyCep has raised $45 million in a new investment round with participation from Oleka Capital, RePie Portföy and Ziraat Portföy, the […]