Revolut is reportedly in talks to acquire FUPS to begin offering services in Turkey, Bloomberg reports citing sources

Revolut's discussions to acquire FUPS for entry into the Turkish market signal a strategic move to enhance its offerings in a burgeoning region.

Newsquawk StaffNewswiresPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

China's Commerce Ministry announces an anti-dumping probe into Japan Dichlorosilane imports; investigation begins on Jan 7 and will end a year later, but can be extended by 6 months if needed

China's Foreign Ministry accuses the US of bullying and using brazen force, in regards to Venezuela

Revolut is reportedly in talks to acquire FUPS to begin offering services in Turkey, Bloomberg reports citing sources

Additional European Equity News

German Retail Sales MoM (Nov) M/M -0.6% vs. Exp. 0.2% (Prev. -0.3%, rev. 0.3%)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

If successful, this deal could strengthen Revolut's competitive position and attract new customers, possibly prompting similar moves from peers in the fintech sector. Watch for any regulatory implications or market responses associated with this potential acquisition.

Related headlines

The whole workspace, free to try.

Try it free