Türkiye Fintech Outlook Study – May 2023 prepared under the coordination of Finance Office of Presidency of the Republic of Türkiye has been published
As the Finance Office of Presidency of the Republic of Türkiye, the " Türkiye Fintech Outlook Study ", which we prepared together with Startups.watch, showing the current state of the sector and its development compared to previous years, was first published in November 2021. This study, which aims to create an up-to-date and categorized data set, provides domestic and international entrepreneurs and investors with up-to-date and accurate data on Türkiye's fintech outlook.
Following a record-breaking year for investments in Fintech companies in 2022, 3 million USD was invested in 8 Fintech companies as of May 2023. There are 659 active fintech companies operating in Turkish fintech ecosystem and the payments, banking technologies, blockchain and crypto asset verticals stand out.