Papara Announces New Partnership with DriveWealth

Papara, the Turkish fintech, announced its partnership with DriveWealth, a financial technology platform providing Brokerage-as-a-Service. The partnership will provide Papara’s 20 million users with the ability to invest real-time in U.S. stocks on the Nasdaq and NYSE starting in October. Since 2020, the number of retail investors in Turkey has surged from 1.2 million to over 8 million. With DriveWealth’s fractional investing solution, Papara users will be able to buy or sell fractional shares in U.S. equities and ETFs, creating a new generation of empowered retail investors.