ANKARA, July 16 (Reuters) - Turkey's Trendyol Group,

Baykar CEO Haluk Bayraktar, Abu Dhabi's sovereign fund ADQ and

Ant International have agreed to explore a potential joint

fintech venture offering digital financial services in Turkey,

the companies said on Wednesday.

The four parties signed a memorandum of understanding to

form a platform that would provide services including digital

payments, loans, deposits, investments and insurance. The launch

would be subject to regulatory approvals.

The companies said the platform would target individuals and

small businesses, with a particular focus on Trendyol's network

of sellers.

"The project aims to combine Trendyol's e-commerce

infrastructure, Baykar's AI and cybersecurity tools and Ant's

experience in financial technology," a statement said.

Bayraktar, best known for leading Turkey's top drone

manufacturer, said the initiative would rely on domestic

infrastructure and aim for high security standards.

Alibaba Group ( BABA ) President Michael Evans,

representing Trendyol's main investor, said the partnership

reflected interest in Turkey's digital economy while ADQ's

deputy CEO, Mansour AlMulla, cited the country's growth

potential in the sector.

Ant International said Turkey's large and digitally active

population made it a significant market.

The companies did not disclose an expected investment size.