Turkey

Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal
Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal
July 12, 2023  |  Digital Payments

Papara has become Turkey’s first FinTech unicorn company. The achievement — reaching a valuation over $1 billion — follows a major deal with Spain’s Beka...

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Getir Joins Ultrafast Grocers Taking a Hit Amid Economic Challenges
Getir Joins Ultrafast Grocers Taking a Hit Amid Economic Challenges
April 19, 2023  |  Retail

Even the largest ultrafast grocers are taking a hit as economic challenges rack the industry. Now, even Turkey-based multibillion-dollar quick-commerce firm Getir, which seemed to...

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Turkey Reportedly Asking Banks to Limit Purchases of Foreign Currency
Turkey Reportedly Asking Banks to Limit Purchases of Foreign Currency
April 17, 2023  |  Banking

Turkey’s central bank is reportedly taking measures to protect the value of the country’s currency. The measures include asking banks to limit the amount of...

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FinTechs Bolster Digital Banking Innovation in Turkey
FinTechs Bolster Digital Banking Innovation in Turkey
April 13, 2023  |  API

Turkish banks have long had installment loyalty programs which enable customers to spread credit card payments over several months — similar to the buy now,...

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Türkiye Ready to Take Its Place as a Prime Market for Digital Goods and Services
Türkiye Ready to Take Its Place as a Prime Market for Digital Goods and Services
April 03, 2023  |  Subscription Commerce

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...

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Grocery Stores Use Robots to Meet Zillennial Demand for Delivery
Grocery Stores Use Robots to Meet Zillennial Demand for Delivery
January 23, 2023  |  Delivery

Retailers are turning to robotics to prepare for the grocery’s digital future. Most recently, French supermarket chain Carrefour, which has more than 13,000 stores across nearly...

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Worldline and Lidio Streamline Access to $24B Turkish eCommerce Market
Worldline and Lidio Streamline Access to $24B Turkish eCommerce Market
January 12, 2023  |  Retail

Worldline and Lidio have partnered to help eCommerce merchants access Turkey at a time when local consumers are facing 80% inflation. Together, payments services company Worldline and...

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Why Worldline Says Turkey Is Ready for eCommerce Innovation
Why Worldline Says Turkey Is Ready for eCommerce Innovation
January 01, 2023  |  eCommerce

The fast-growing Turkish eCommerce market is catching the attention of global online businesses. According to Guillaume Tournand, vice president of growth and digital commerce at...

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Buy Now Pay Later Lenders Face Challenges Amid Sector Growth
Buy Now Pay Later Lenders Face Challenges Amid Sector Growth
December 15, 2022  |  Buy Now Pay Later

Challenges in the buy now pay later (BNPL) sector vary from market to market. In countries where credit is traditionally accessed via credit cards, the...

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