Turkey

What new fintech Nomu Pay gets from Wirecard’s assets

Finch Capital, an Amsterdam-based venture firm, has funded the creation of a payments fintech called Nomu Pay that is being sewn together out of a series of domestic businesses of the failed Wirecard. The VC has brought Peter Burridge in to run the new business. Burridge has a long track record in technology, having served as president of a company called Hyperwallet that he sold to PayPal, among other roles. Burridge is meant to run Nomu Pay from Singapore, but he spoke with DigFin from his native New Zealand, where

Turkey looking to launch their own national digital currency

Although we have entered the Chinese year of the Rat, this also might be Turkey’s year of crypto. According to a recent survey by Statista, 16.8 million people in Turkey (20% of the population) use or possess a cryptocurrency, and rumour has it that they are about to wade in with their own digital lira or “Turkcoin." This could be a smart move for the country often regarded as a critical strategic partner to both the east and west due to its central position to both. With the Turkish lira