Paribu Acquires Majority Stake in CoinMENA
Update: 2025-12-05
Description
Turkish fintech platform Paribu makes waves with its acquisition of majority stake in CoinMENA, a cryptocurrency platform based in Bahrain and Dubai. This $240 million deal marks Turkeys largest fintech transaction and Paribus first cross-border purchase, signaling a strategic expansion into the Middle East and North Africa region. Yasin Oral, Paribus CEO, hails this as a turning point, enabling broader licensed operations and solidifying their global strategy in a crypto-adoptive market.
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