Turkey
Turkish Microlender Colendi Raises US$30M
Colendi, a Turkey-based micro lending and credit scoring fintech company, has picked up US$30 million in a Series A round of funding, according to local news reports. The Series A round was led by Re-Pie Asset Management Company, a Turkish
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Digital Transformation Spending in META to Reach $40 Billion by 2022
The Middle East, Turkey, and Africa (META) region will see annual spending on digital transformation (DX) initiatives cross the $20 billion mark by the end of this year, according to the latest insights from International Data Corporation. The global technology
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10 Fintech Startups in Turkey to Watch Closely
Fintech is growing rapidly in Turkey. Investment in Turkish fintech companies grew 175% from US$4.6 million in 2012 to US$29 million in 2016, and the overall Turkish fintech industry, which counts more than 200 companies, according to the Fintech Ecosystem in
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Turkish Fintech Sector Sees Strong Growth
The Turkish fintech ecosystem has shown strong growth with the support of a solid banking industry, a thriving startup scene, and a growing young population. In particular, Istanbul, the most populous city in Turkey and the country’s economic, cultural and
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