[Revolut in Talks to Acquire Turkish Digital Bank Fups] According to Bloomberg, sources familiar with the matter revealed that fintech giant Revolut Ltd. is in discussions to acquire Turkish digital bank Fups in order to begin offering services in the country. No final decision has been made yet, and negotiations are still ongoing. If the two banks reach an agreement, the acquisition will still require approval from Turkey's Banking Regulation and Supervision Agency (BDDK). Fups holds a full digital banking license under Turkey's branchless banking framework introduced in 2022, with an initial capital of approximately $81 million and a current workforce of about 60 employees. For Revolut, the main appeal of this acquisition lies in Fups' regulatory status rather than its customer base or technology.