fups

According to Bloomberg, British fintech giant Revolut is in acquisition talks with Turkish digital bank Fups, aiming to accelerate its entry into the Turkish financial market.Fups holds a full digital banking license under Turkey's branchless banking framework launched in 2022, with an initial capital of approximately $81 million and currently around 60 employees. For Revolut, the appeal of this acquisition lies primarily in Fups' regulatory status rather than its customer base or technology.