Introduction: Foreign Investment in the Turkish Fintech Market Türkiye has developed one of the most dynamic financial technology ecosystems in its region. Payment institutions, electronic money companies, digital wallets, open banking businesses, digital banks, Banking as a Service providers and crypto asset companies have created substantial opportunities for both strategic and financial investors. For international […]
Introduction: Cybersecurity Is Now a Core Fintech Regulatory Requirement in Turkey Cybersecurity has become one of the most important legal and operational requirements for companies operating in the Turkish financial technology market. A fintech business may provide its services entirely through digital channels. Customers can open accounts remotely, store electronic money, initiate payments, access banking […]
Introduction: Consumer Protection in the Turkish Fintech Market Financial technology has changed the relationship between consumers and financial service providers. A customer can now open an electronic money account, use a digital wallet, initiate payments, connect several bank accounts through open banking, obtain digital financial services and trade crypto assets without entering a physical branch. […]
Introduction: Why Fintech M&A in Turkey Requires Specialist Regulatory Due Diligence Mergers and acquisitions involving financial technology companies are fundamentally different from ordinary corporate acquisitions. A conventional technology acquisition may focus primarily on corporate ownership, intellectual property, software, employment, customer contracts, tax and commercial liabilities. A fintech acquisition requires all of these reviews—but also a […]
Introduction: Cross-Border Data Transfers in the Turkish Fintech Sector Cross-border data transfers have become one of the most important compliance issues for financial technology companies operating in Türkiye. A modern fintech business rarely operates through a completely domestic technological infrastructure. A Turkish payment institution may use an international fraud-detection provider. An electronic money company may […]
Introduction: Why Data Protection Is a Core Fintech Compliance Issue in Turkey Financial technology businesses process some of the most commercially valuable and legally sensitive information in the modern economy. A fintech company may process a customer’s name, identity number, mobile telephone number, bank account details, payment history, merchant transactions, wallet balance, device information, IP […]
Introduction: AML and KYC Compliance for Fintech Companies in Turkey Anti-money laundering (“AML”) and Know Your Customer (“KYC”) compliance have become central components of financial technology regulation in Türkiye. A fintech company may have an innovative product, sophisticated payment architecture and the appropriate regulatory licence, but this does not remove its obligations to identify its […]
Introduction The regulation of crypto assets in Türkiye has changed fundamentally since 2024. Crypto exchanges, digital asset platforms and crypto custody businesses can no longer approach the Turkish market as ordinary technology companies operating outside financial-sector licensing rules. With the enactment of Law No. 7518, which amended Capital Markets Law No. 6362 and entered into […]
Introduction Establishing a crypto exchange in Turkey has changed fundamentally following the introduction of a comprehensive regulatory framework for crypto asset service providers. Before July 2024, Türkiye did not operate a dedicated licensing regime comparable to the framework now applicable to cryptocurrency trading platforms. This changed with Law No. 7518 Amending the Capital Markets Law, […]
Introduction: Crypto Asset Regulation in Turkey Türkiye has undergone one of the most significant transformations in its cryptocurrency regulatory framework in recent years. For many years, crypto-asset trading existed in Türkiye without a comprehensive licensing regime specifically governing cryptocurrency exchanges and custody providers. This changed fundamentally in 2024, when Law No. 7518 amended Capital Markets […]