Tagged: turkey

Dubai’s Tpay Mobile Acquires Payguru, a Turkish Payments Company that Supports Mobile Transactions

Dubai-based Tpay Mobile, a mobile payment provider, has reportedly acquired Payguru, a Turkish payments company. The amount paid for the acquisition has not been disclosed. Payguru supports mobile payments, ATM cash payments, and standard bank transfer services. The company has integrated its platform with three… Read More

Turkish Stablecoin BiLira to Launch on AVA, an Open-Source Blockchain Platform for Creating DeFi Apps

The Turkish stablecoin BiLira will reportedly be launching on AVA, an open-source platform for building and deploying decentralized finance (DeFi) apps and enterprise-grade blockchain solutions that can be run in “one interoperable, highly scalable ecosystem.” The AVA Labs team says that the new stablecoin should… Read More

Turkey’s Digital Invoice Financing Fintech Figopara Secures $1 Million in Capital via Second Funding Round

Turkish Fintech firm Figopara confirmed on May 7, 2020, that it has secured $1 million in funding from its second investment round. Existing investors World Bank’s International Finance Corporation (IFC) and Turkish angel investor Revo Capital took part in Figopora’s latest round. Founding partners Ahmet… Read More

BBVA’s Turkish Unit Garanti BBVA Implements Proactive Measures to Address Coronavirus Pandemic

Garanti BBVA, BBVA’s Turkish unit, announced on Monday it is responding to the coronavirus pandemic by implementing a series of proactive measures in order to address the outbreak, which has affected nearly 180 countries throughout the world. Garanti BBVA reported that the new measures are… Read More

Cryptocurrency Exchange Binance Partners Major Turkish Bank Akbank to Launch Fiat On-Ramp for Turkish Lira

Malta-based crypto asset exchange Binance recently revealed that its fiat on-ramp for the Turkish Lira has officially launched.  Binance has teamed up with Akbank, one of the largest banks in Turkey, in order to introduce the new fiat gateway. Binance’s users in Turkey now have… Read More

Financial Giant HSBC Voted Leading Trade Finance Bank in Bahrain in EuroMoney’s 2020 Survey

HSBC, a British multinational investment bank and financial services holding company with over $2.5 trillion in total assets, has reportedly been voted as the leading trade finance bank in the Middle Eastern country of Bahrain in the Euromoney trade finance survey for 2020. This is… Read More

Turkey’s Capital Markets Board Is Planning to Regulate Cryptocurrency Transactions

Turkey’s Capital Markets Board is reportedly planning to regulate cryptocurrency-related transactions. The Capital Markets Board of Turkey (CMB), the regulatory agency that oversees the nation’s financial securities markets, is in the process of formulating guidelines to examine, audit, and regulate the local digital asset markets,… Read More

Group-IB: “Huge Set” of Turkish Bank Cards for Sale on Dark Net

Group-IB, a Moscow-founded cybersecurity firm now based in Singapore, “has detected a massive upload of debit and credit card records …on one of the most popular underground cardshops.” According to the firm, between October 28th and November 27th of this year, criminals uploaded more than 460,000… Read More

Report: Paysend’s Analysis Reveals that Jordan Is the World’s Most Unequal Country for Financial Inclusion

A recent analysis performed by Paysend, a company that allows money transfers to any Visa, Mastercard, UnionPay cards and to regular bank accounts, has revealed the world’s top ten nations with the greatest gender divide for accessing modern financial services such as banking accounts and… Read More

Wirecard Teams Up With Turkey’s Flight Booking Agency Enuygun to Improve Purchasing Experience

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has formed a partnership with Enuygun, a Turkey-based online travel agency for flights, to optimize digital payments for Enuygun customers. Wirecard reported that it processes incoming credit card payments on Enuygun for… Read More

Alipay Teams Up With Ininal to Connect Turkish Merchants With Chinese Visitors

Alipay announced on Tuesday that fintech company ininal has become its first partner in Turkey. According to Alipay, ininal is a new-general payment platform and a subsidiary of Multinet Up. The partnership will allow Alipay to be available for Chinese mainland visitor sat bricks-and-mortar stores… Read More

Wirecard to Provide International Payments Service For Turkey’s BluTV

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it will now be providing service for BluTV, a Turkey-based streaming subscription service with over four million subscribers, in its global expansion. According to Wirecard, BluTV is a Turkish digital streaming platform and… Read More

Turkey Arrests 24 Accused of Robbing Cryptocurrencies

A “nationwide simultaneous operation” executed in 8 Turkish provinces has netted 24 individuals accused of conspiring to rob 13 million Turkish liras ($2.47 million) from “a cryptocurrency company” in Istanbul, The Daily Sabah reports. After receiving a complaint from the targeted business, law enforcement officers at… Read More

Police in Turkey Arrest 11 People Connected to Alleged Bitcoin Theft

Police in Istanbul arrested 11 people last week in connection with the hacking theft of bitcoins from the cryptocurrency wallets of 14 victims, Hürriyet reports. Along with 11 suspects detained, police from the Cybercrimes Division also seized 18 mobile phones, 18 sim cards, 22 flash memory… Read More

Turkey Opens First University Blockchain Center

Last week, Turkey officials revealed they have opened the country’s first university blockchain center, the Istanbul Blockchain and Innovative Center (BlockchainIST Center) at Bahçeşehir University (BAU). According to the Daily Sabah, the new center aims to close the “expertise gap” in the market in order… Read More

Campaign Organizers Give Thanks By Launching Indiegogo Initiatives to Give Back

With Thanksgiving less than one week away, Indiegogo shared details about a few campaigns that are showing the real reason for the holiday. The crowdfunding platform announced: “Thanksgiving is a national holiday filled with tradition, joy, food and gratitude. Every year, family members and loved… Read More

Berkin Elvan Campaign is Fully Funded on Indiegogo

We reported yesterday that a crowdfunding campaign was launched to honor Berkin Elvan who died yesterday.  Berkin had been in a coma for many months after being hit by a tear gas canister launched by Turkish police last year. Well the campaign raised their targeted… Read More

Turkish Democracy Group Now Crowdfunding for NYT Ad for Berkin Elvan

Last summer the world was mesmerized as the nation of Turkey rose in dissent against their political class.  What started as a simple protest, grew into a national movement of democracy and a demand for civil rights.  Crowdfunding became part of the movement when some… Read More

StartupTurkey – Antalya

Startup Turkey is the leading startup event which brings together founders, entrepreneurs, investors and executives in the region. It’s a gathering of the leading startups, internet companies, business angels and venture capitalists from Middle East, Europe and the US. This event is made of networking…. Read More

Turkish Democracy in Action Crowdfunding Campaign Set to Unveil Non Profit October 18th

Back in June of this year, the protests for Turkish Democracy were heating up.  Prime Minister Recep Erdogen had taken a heavy handed, autocratic approach to a small band of protesters who were against a project to change a public park to a shopping development…. Read More

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