There's an interesting industry trend—Revolut is in talks with the Turkish digital bank FUPS about an acquisition, aiming to expand their services into the Turkish market. However, from the current situation, neither side has made a final decision, and it's uncertain whether the acquisition will go through. Insiders reveal that even if negotiations are successful, they still need to pass the approval of the Turkish banking regulatory authority (BDDK). This move reflects the ongoing penetration of international fintech players into emerging markets. Turkey, as a financial hub at the crossroads of Europe and Asia, has indeed attracted the attention of many global giants.
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AirdropNinja
· 11h ago
Everyone wants a piece of Turkey, and with Revolut's move, they'll probably be messing around for a while again.
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AmateurDAOWatcher
· 01-08 23:38
Everyone wants a piece of Turkey, let's see if the BDDK can help Revolut pass smoothly.
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MondayYoloFridayCry
· 01-08 23:13
Revolut wants to enter Turkey, but it's still uncertain. Regulatory approval is really the tough part.
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RegenRestorer
· 01-07 18:56
Revolut's move is quite aggressive. If FUPS really gets acquired, the local chicken market will open up, but it's not easy to deal with those BDDK folks.
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ProofOfNothing
· 01-07 18:56
Revolut is causing trouble again. The Turkish market is indeed attractive, but it seems like the regulatory hurdles will take a while to clear.
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MEVHunter_9000
· 01-07 18:54
Turkey has become the hot favorite again. Revolut really dares to make this move, but the BDDK hurdle is quite high. Let's wait and see.
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ForkTongue
· 01-07 18:52
Revolut again? This guy is really expanding everywhere. The Turkish market is indeed lucrative.
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StablecoinGuardian
· 01-07 18:52
Turkey is indeed a promising market, but I still have to question whether we can pass the BDDK hurdle.
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bridge_anxiety
· 01-07 18:37
Turkey is indeed fertile ground, but dealing with the BDDK is really tough...
There's an interesting industry trend—Revolut is in talks with the Turkish digital bank FUPS about an acquisition, aiming to expand their services into the Turkish market. However, from the current situation, neither side has made a final decision, and it's uncertain whether the acquisition will go through. Insiders reveal that even if negotiations are successful, they still need to pass the approval of the Turkish banking regulatory authority (BDDK). This move reflects the ongoing penetration of international fintech players into emerging markets. Turkey, as a financial hub at the crossroads of Europe and Asia, has indeed attracted the attention of many global giants.