Revolut Ltd. is reportedly in negotiations to acquire Turkish digital bank Fups, aiming to expand its services into Turkey. The potential acquisition, first reported by Bloomberg, is still under discussion and would require approval from Turkey's banking regulator, BDDK. Fups, which operates under Turkey's branchless banking framework, holds a full digital banking license and was established with an initial capital of approximately $81 million. The acquisition is primarily attractive to Revolut due to Fups' regulatory status.