TY - CHAP
T1 - Regional Fintech Report for Türkiye, Romania, and Bulgaria
AU - Ozturkkal, Belma
AU - Onay Sahin, Ceylan
AU - Yildirim, Canan
AU - Strat, Vasile Alecsandru
AU - Radev, Deyan
AU - Penev, Georgi
AU - Pele, Daniel Traian
AU - Chinie, Cătălina
AU - Grosu, Florin
AU - Darie, Flavius Cosmin
AU - Mare, Codruța
AU - Damian, Virgil
AU - Coita, Ioana
PY - 2025/10/22
Y1 - 2025/10/22
N2 - This chapter examines the landscape of fintechs across three countries, focusing on the fintech solutions among businesses and is created from two individual Fintech Survey studies of 1) Türkiye and 2) Romania and Bulgaria from 99 fintech companies. By gathering data from Türkiye, Romania and Bulgaria, the survey aims to uncover patterns, trends, and regional differences in fintech engagement. We investigate the prevalence of digital payment systems, the adoption of blockchain technology, and the influence of regulatory frameworks. Payments, digital payments and digital lending are important primary services for the companies surveyed. Most fintech companies expect a moderate, significant or large growth in the workforce next year. The findings offer insights into how fintech innovations are reshaping the financial ecosystems in these countries, their financing sources, highlighting opportunities and challenges faced by stakeholders in the three countries. The results provide a comprehensive understanding of the fintech sector's growth areas, informing policymakers, industry leaders, and investors about the future directions, transparency enhancement and potential of financial technology and potentials for partnership areas.
AB - This chapter examines the landscape of fintechs across three countries, focusing on the fintech solutions among businesses and is created from two individual Fintech Survey studies of 1) Türkiye and 2) Romania and Bulgaria from 99 fintech companies. By gathering data from Türkiye, Romania and Bulgaria, the survey aims to uncover patterns, trends, and regional differences in fintech engagement. We investigate the prevalence of digital payment systems, the adoption of blockchain technology, and the influence of regulatory frameworks. Payments, digital payments and digital lending are important primary services for the companies surveyed. Most fintech companies expect a moderate, significant or large growth in the workforce next year. The findings offer insights into how fintech innovations are reshaping the financial ecosystems in these countries, their financing sources, highlighting opportunities and challenges faced by stakeholders in the three countries. The results provide a comprehensive understanding of the fintech sector's growth areas, informing policymakers, industry leaders, and investors about the future directions, transparency enhancement and potential of financial technology and potentials for partnership areas.
KW - Fintech survey design
KW - Fintech markets in Türkiye
KW - Romania
KW - Bulgaria
KW - Fintech policy
U2 - 10.1007/978-3-032-03523-3_8
DO - 10.1007/978-3-032-03523-3_8
M3 - Chapter
SN - 9783032035233
SN - 9783032035226
T3 - Palgrave Studies in Financial Services Technology
SP - 199
EP - 225
BT - Transparency in FinTech
A2 - Osterrieder, Joerg
A2 - Coita, Ioana Florina
A2 - Dzurovski, Anastas
PB - Palgrave Macmillan
ER -