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Islamic Finance

German Islamic fintech insha releasing new app in July, eyes Europe expansion


The European Union and the UK economies are projected to contract sharply, by 7.5% and 6.5%, respectively, in 2020, according to the IMF's World Economic Outlook in April.

Yet, the grim economic environment caused by the COVID-19 health crisis has not deterred Berlin-based financial technology company insha from pushing growth in Germany with a new app scheduled for July, and going ahead with its European expansion plans.   

“Dealing with crises is in our nature. We’re a start-up after all,” founder and managing director Yakup Sezer told Salaam Gateway.  

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tags:

Fintech
Digital banking