FINTECH

Paydaş, a Turkish prop-fintech startup, reached $16 million valuation

Paydaş lets users to participate in rental income and potential value appreciation Turkish prop-fintech startup Paydaş announced reaching USD16 million valuation. The starup raised $1.25 million total cash and in-kind investments so far, as the company seeks to make access to global property income more […]

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 […]

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 […]