#SustainableFinance / Turkish-German mobile bank Insha raises €2.5 million

Founded in 2018 as an offshoot of Albaraka Turk, the mobile bank offers ‘accounts with princicples’ to customers in Germany and Turkey.

The company’s mission statement reads: “As a digital banking service based on strong moral principles, we offer tools that help its customers achieve their saving goals, gain insights into spending behavior, transfer money abroad for little cost, and donate easily to charities of their choice.”

Yakup Sezer, founder and managing director of Insha, says that Insha intends to extend its services to six more European countries in 2021.