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The new fintech frontier: Financial health

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Recently, I had written that the Turkish startup ecosystem is very small compared to other countries such as Germany, Portugal, Israel, the United States, and Canada, etc. However, the growth rate of the ecosystem is promising.

It is safe to say an ecosystem is only as strong as the players that constitute it and the Turkish startup world has two new and globally known players.

Last week, Village Capital (Vilcap) and MetLife Foundation in partnership with Bümed Business Angels (BUBA), hosted a financial health forum for early-stage fintech entrepreneurs in Turkey. During the two-day fintech forum in Istanbul, startups were eligible for grants totaling $20,000. Eleven startups were chosen to compete out of 40 applicants.

According to Vilcap’s website, financial health refers to a household’s ability to manage day-to-day cash flow, build........

© Hürriyet Daily News