Paribu steps into the Gulf with $240M CoinMENA takeover
Press Release

Paribu steps into the Gulf with $240M CoinMENA takeover

Raza·9:35 PM TST·August 12, 2025

Paribu acquires a majority stake in CoinMENA at a $240M valuation, expanding its regulated crypto presence across Bahrain and Dubai in one of Türkiye’s largest fintech deals.

Paribu expands into the Gulf with a $240M CoinMENA takeover. Discover how this major acquisition impacts the crypto exchange market in the Middle East.
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Raza is TechScoop's Senior Tech Correspondent with a razor-sharp focus on the MENA startup ecosystem. With over 51 published articles, he has become one of the most prolific voices covering fintech innovation, enterprise technology, and the region's digital transformation. His investigative reporting has uncovered major funding rounds before they hit mainstream news, and his analysis of market trends is regularly cited by investors and founders alike. When not chasing the next big story, Raza can be found moderating panels at regional tech conferences.

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