Turkish fintech seeks Qatari investment

Turkish fintech seeks Qatari investment

Turkish fintech companies met with Qatari investors this week in a webinar. The Turkish presidency’s finance office organized the event along with the private Qatar Financial Center on Feb. 23-24, Turkey’s official Anadolu Agency reported today. 

Financial technology, or fintech, includes such activities as digital banking and stock and cryptocurrency trading on mobile devices.

Three Turkish banks affiliated with Turkey’s Participation Banks Association and 20 Turkish fintech companies gave presentations. The Qatari side included representatives from the Qatar Development Bank and its Qatar FinTech Hub. "Participation banks" practice Islamic finance.