Turkish language financial technology Startups (fintech) receive a lot of Attention so far this year. that it of More important not only unicorn startups worth more More than 1 billion dollars (14.74 billion Turkish liras) came out of Turkey, but also dozens of technology projects worth more of $100 million.
While one of Highlights financial technology Investments in The first quarter of was 2022 made in Midas, Mükellef (taxpayer in Turkish), an initiative founded three years ago, has now received investment of 1 million dollars in valuation of 20 million dollars.
Finberg . led the financing round venture Capital Corporation and a subsidiary of Fibabanka, joined By Oyak Asset Management, Colendi, hiVC, six Angel investors.
as a online platform that allows Entrepreneurs to manage the company’s institutions and all financial Processes in Turkey, the United States, the United Kingdom, the European Union countries, Mükellef also Contributes to growth of The venture environmental system in The countries where it enters.
Aiming to grow abroad
Citing reports prepared by a reputable research companies globally, Mükellef founder Okan Shafak said he was there switch For the freelancer model After average working time of Two years, even in the largest companies.
“based on on These trends, we created our Mükellef platform three years ago, where entrepreneurs can manage all their needs from a single point of view. In the first quarter of This year with for us team of 50 peopleWe doubled the number of Client who want to start international company. we are very happy with interest of “Entrepreneurs and investors,” Shafak said.
Confirmed that the evaluation of 20 million dollars reached in the third year”Make us proud.”
He described the twilight of investment as amount They needed according to them growth plan in The global market with Who said: “We aim to further develop our services and strengthen our position with strong business Partners such as Wise, American Express, KPMG Spark and Mercury Bank in All the markets we’re in.”
Additionally, the company said plans To penetrate into Canada, the Netherlands, Singapore, Malta, Montenegro and Hungary by the end of 2022, and “We provide our regulatory services and financial solutions for thousands of business globally. “
to focus on Small and medium-sized companies
detail on The growth They achieved, Ehsan Al-Jin, a member of The board In Finberg, they said they’ve reached total of 25 investments, including 12 in The first four months of 2022.
After our investment in Fintech startups that provide innovative financial solutions to large enterprises – such as Birleşik Ödeme (United Payment) and Colendi – have focused on small and medium-sized enterprises (SMEs), which are the foundation of The economy. We continue to deepen our solutions ecosystem by adding Mükellef to our investments in Vigopara, Icassus and Normaya, which make their lives easier, said Elgin.
“we first determining the goal area and focus on The best entrepreneurial business team in who – which area. Initiatives that can grow with Advice of Existing customer other than advertising is goal. “
Separately, Midas and Yancep initiatives have also attracted interest in financial technology Cloud based investments financial technology Startups continue to appear in the lead. Vigopara now also it is expected that complete its investment round soon.
New generation financial Services
Aktif Ventures, which provides investment and advisory services support to financial technology Startups with Mindvest venture Capital Fund, I decided to invest in Finekra that works in Open banking.
Indicating that the banking business will change shape with understanding of Open Banking, Yakup Sezer, general manager of Active Ventures, she said, “We’re entering a new era in Usage habits in The financial The sector will change drastically.”
Against this background, we are glad to walk together or together with Vincra on “The Open Banking Journey,” said Caesar.
Active Ventures, which offers technologyinfrastructure, licensing, growth and investment solutions projects need under one roof, in In addition to opening all of its application programming interfaces (APIs) for Startups in service model banking services, plans to grow together with Financial technology.
The first step Captured by Mindvest venture The capital created within this frameworkand the decision It was made on investment in Vincra.
Erhan Zengin, CEO of Finekra, that startup is a file leading the product in field of financial technology And open banking.
“Finekra Advance”new Bank generation by transferring data to accounting program Along with the account informationLump sum payment, POS data reports, check integration process management, performance dealer Transactions with direct debit systemAnd creating Solution for Zengin explained the needs of B2B companies.
customers said use Vincra instead of bank tools And superior to not wasting time on Employment work.
“we know This very time valuablewe allow Users to save time of operation work By leaving their recurring jobs to Vincra. With investment, we aim to become leading Open Banking and Fintech Company in Change of Sectoral dynamics with Our motto of “nextThe banking generation.
“we currently supporting companies, but we will also support individual users in Next period. for us first goal After the investment is to be first The brand that comes to mind when talking about both open banking and financial technology in Turkey and abroad with our growth team. “
TeklifimGelsin gets funding
TeklifimGelsin is something else financial technology which received a large investment.
The venture Provides loans, investments, credit reports and instant insurance services to users through digital integrals made with Banks, credit reference agencies, insurance companies, etc. financial technology initiatives.
Compared to different companies that offer banking and insurance solutions in The world And in Turkey The most important distinguishing point of TeklifimGelsin is governance of tailor-made services.
In addition, TeklifimGelsin, which presents a personal experience with that it membership systemcan satisfy the entire user experience from start by creating Solution for Its users for credit, investment, credit report and insurance claims in seconds thanks to your integrations.
Personal financial The Market Initiative was created as part of of ITÜ Çekirdek Pre-Kindergarten Program in January 2021 and met with end user in June 2021.
Hedef Holding invested in TeklifimGelsin through its subsidiary, Ideal Financial Technologies, at a evaluated price of 20 million Turkish liras ($1.35 million).
Founded by Ihsan Cem Zararsız and Ertuğrul Hakan Biri venture Uses open banking, allowing end users complete financial Solution in According with their requests in Less than 40 seconds. Users who they are members of TeklifimGelsin can place their orders by comparing scores of Offers that come according to their requests.
noting that world It is going through a period when all banking operations can be easily managed digitally in great speedPresident, Ideal Financial Technologies of The Commission of Managers Namik Kemal Kokalb said: “We are always happy to invest in And support Interesting and emerging companies us with Their ideas that we think will improve.”
“With TeklifimGelsin, we have added Another feather for our investment in technology and areas of finance. It was also very important for us That TeklifimGelsin is local venture. We believe that TeklifimGelsin future very bright And it will show great development in The future Gokalb said.
He said they are closely following the opportunities you have created technology. “Areas where technology Enters quickly gain value. As Hedef Holding, we closely follow developments in particular in field of technology Financing and directing our investments in This is amazing direction. “
