Register for JEIC

Germany's Kobil buys 50% in Turkey’s WesterOps cloud software firm

By bne IntelIiNews November 16, 2021

Germany-based Kobil GmbH, a data security technologies developer launched in 1986, has acquired a 50% stake in Turkey’s WesterOps, Ismet Koyun, founder of Kobil, said on November 11.

WesterOps, launched in 2015, develops cloud software.

Related Articles

S&P upgrades ratings of Freedom subsidiaries to ‘BB-’

S&P Global Ratings has upgraded the credit ratings of several subsidiaries of Nasdaq-listed Freedom Holding, raising ratings on Freedom Finance, Freedom Finance Europe, Freedom Finance Global and ... more

Kazakhstan’s Freedom fintech sets out to emulate and exceed Revolut in Europe

Freedom Holding Corp (Nasdaq: FRHC) is positioning itself to expand deeper into Europe’s financial services market with plans to launch a digital bank in France, backed by a €500mn ($572mn) ... more

Fintech Freedom Holding aims to make France key entry point into EU with €500mn investment

A French banking licence would open the way to a new phase in the international expansion of Nasdaq-listed fintech group Freedom Holding Corp. That’s the expectation of Freedom, a company ... more

Dismiss