Turkey news and trends

Report: Getir Faces Investor Pressure to Cut Costs and Restructure
Delivery // April 18, 2024

Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Revo Capital Launches $100 Million Effort for Turkish AI Firms
Investments // December 18, 2023

Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Singapore’s Banks Increase Customer Scrutiny After Money Laundering Scandal
Security & Fraud // September 24, 2023

Singapore’s banks are reportedly increasing customer scrutiny following a $1.8 billion money laundering scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Report: Alibaba Plans to Invest $2 Billion in Turkey
Investments // September 18, 2023

Alibaba reportedly told Turkey’s president it plans to invest $2 billion in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Interviews & Exclusives
Thailand Ranked First Globally in Real-Time Payments Transactions per Capita

September 01, 2023
The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get immediate access to their funds. Naturally, the revolutionary payment method continues to gain swift momentum worldwide as more countries introduce real-time payment schemes and platforms or expand and enhance existing […]

Payments Tech Helps Online Sellers Go Global, Play Like Locals

August 02, 2023
The digital, connected economy knows no borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

FinTechs Bolster Digital Banking Innovation in Turkey

April 13, 2023
Turkish banks have long had installment loyalty programs which enable customers to spread credit card payments over several months — similar to the buy now, pay later (BNPL) service that...

Türkiye Ready to Take Its Place as a Prime Market for Digital Goods and Services

April 03, 2023
Digital transformation is making its way around the globe at the pace of individual markets. Some pose greater challenges than others while also representing massive opportunities. Get the Full Story...

Quick Reads
Apple’s Payment Practices Target of Turkish Regulatory Probe

June 06, 2024
Turkey is the latest country to investigate Apple’s App Store payment rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Report: Getir Faces Investor Pressure to Cut Costs and Restructure

April 18, 2024
Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes....

Revo Capital Launches $100 Million Effort for Turkish AI Firms

December 18, 2023
Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Singapore’s Banks Increase Customer Scrutiny After Money Laundering Scandal

September 24, 2023
Singapore’s banks are reportedly increasing customer scrutiny following a $1.8 billion money laundering scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...