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Top 50 Financial Services VC Funds & Investors in Turkey (May 2026)

The most active venture capital funds investing in Turkey Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Turkey Financial Services startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Revo Capital
VC Fund
8 Turkey, United States, United Kingdom Seed, Series A Software, Financial Services, Information Technology $250k–$19M
Collective Spark
VC Fund
7 Turkey, United States, Greece Seed, Series A, Pre-Seed Software, E-Commerce, SaaS $150k–$5M
Finberg
VC Fund
7 Turkey, United Kingdom, United States Seed, Corporate Round FinTech, Financial Services, Information Technology $200k–$8M
APY Ventures
VC Fund
6 Turkey, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, FinTech $88k–$2.4M
StartersHub
VC Fund
5 United States, Turkey, Latvia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $20k–$605k
Earlybird Venture Capital
VC Fund
4 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Health Care $1.2M–$40M
Wamda Capital
VC Fund
4 United Arab Emirates, Jordan, Turkey Seed, Series A, Series B E-Commerce, Internet, Financial Services $500k–$47M
Aslanoba Capital
VC Fund
4 Turkey, United States, Ireland Seed, Series A, Series B E-Commerce, Internet, Software $150k–$6.6M
Idacapital
VC Fund
4 Turkey, United States, United Kingdom Seed, Pre-Seed Logistics, E-Commerce, Apps $150k–$700k
Keiretsu Forum Turkey
VC Fund
3 Turkey, United States Seed, Angel, Pre-Seed Software, Information Technology, E-Commerce $175k–$7.5M
Tamer Capital
VC Fund
3 Turkey Pre-Seed, Seed Artificial Intelligence, Sports, Finance $35k–$6M
Elevator Ventures
VC Fund
3 Austria, Poland, Turkey Series A, Seed FinTech, SaaS, Software $536k–$23M
Boğaziçi Ventures
VC Fund
3 Turkey, United Arab Emirates, Sweden Seed, Pre-Seed Software, Artificial Intelligence, Video Games $98k–$1.4M
Quona Capital
VC Fund
3 India, Brazil, Indonesia Series A, Series B, Seed Financial Services, FinTech, Finance $1.1M–$45M
Istanbul Startup Angels
VC Fund
3 Turkey, United States Angel, Seed SaaS, Mobile Apps, Digital Entertainment $45k–$250k
Lima Ventures
VC Fund
3 Turkey, Estonia, Germany Seed, Pre-Seed Artificial Intelligence, Software, FinTech $21k–$400k
Alesta Yatırım
VC Fund
3 Turkey, United States Seed, Pre-Seed Software, E-Commerce, Information Technology $11k–$600k
KT Portföy
VC Fund
2 Turkey Seed, Pre-Seed FinTech, Financial Services, Banking
TechOne VC
VC Fund
2 Turkey, United States, Estonia Seed, Pre-Seed Software, SaaS, Information Technology $115k–$2.4M
DAAL
VC Fund
2 United Arab Emirates, Egypt, Mexico Seed, Convertible Note, Pre-Seed E-Commerce, Software, SaaS $100k–$3.3M
Teknogirişim GSYF
VC Fund
2 Turkey Seed, Pre-Seed Software, Computer Vision, Supply Chain Management
Q Angels
VC Fund
2 Turkey, Sweden, Singapore Pre-Seed, Seed Information Technology, Podcast, Social Media
Gate Inside Ventures
VC Fund
2 Turkey Seed, Pre-Seed, Series A Gaming, Sports, Charity $50k–$250k
QNBEYOND Ventures
VC Fund
2 Turkey, United States, United Kingdom Seed, Pre-Seed, Series A Information Technology, SaaS, FinTech $200k–$3.5M
Mindvest Venture Capital
VC Fund
2 Turkey, United Kingdom Seed FinTech, Financial Services, Software
Gedik Investment
VC Fund
2 Turkey Seed Financial Services, FinTech, Software
Nexus Ventures
VC Fund
2 Turkey, United States, India Seed, Angel, Series A Software, Internet, SaaS $2k–$4.7M
Sabancı Ventures
VC Fund
2 Turkey, United States Seed, Series A Information Technology, Software, FinTech $550k–$1.5M
Deniz Ventures
VC Fund
2 Turkey Pre-Seed Trading Platform, Financial Services
Pachicle Invest
VC Fund
1 Turkey Series A, Series C Payments, E-Commerce, Mobile Payments
Ava Labs
VC Fund
1 United States, Turkey, Chile Seed, Grant Blockchain, Software, Cryptocurrency $250k–$3.3M
Emirates NBD
VC Fund
1 United Arab Emirates, India Debt Financing, Post-IPO Debt Manufacturing, Oil and Gas, Solar $150M–$8B
CapitalTurk Holding
VC Fund
1 Turkey Seed Apps, FinTech, Mobile Payments
iwallet
VC Fund
1 Turkey Seed Financial Services, Information Technology
DES Elektronik
VC Fund
1 Turkey Series A Finance, Hardware, Service Industry
Mikro Yazilim
VC Fund
1 Turkey Seed FinTech, Financial Services
MV Holding
VC Fund
1 Turkey Series A FinTech, Payments, Software
Neo Portfolio
VC Fund
1 Turkey Seed FinTech, Finance, Real Time $702k–$2.8M
Evox Capital
VC Fund
1 Turkey Pre-Seed Blockchain, Cryptocurrency
Beenos Partners
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Apps $492k–$51M
QInvest
VC Fund
1 Turkey Seed Apps, FinTech, Mobile Payments
Vineyard Ventures
VC Fund
1 Turkey Seed Software, Cyber Security, Fraud Detection
IFC Venture Capital Group
VC Fund
1 United States, India, Brazil Series B, Series C E-Commerce, Financial Services, Internet $8M–$156M
Huobi Capital
VC Fund
1 Singapore, United States, Hong Kong Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $1M–$40M
Kriptomeda
VC Fund
1 Turkey Seed Cryptocurrency
Colendi
VC Fund
1 Turkey Seed, Pre-Seed, Series A SaaS, Casual Games, Business Development $702k–$4M
HEDEF GIRISIM SERMAYESI
VC Fund
1 Turkey Seed, Equity Crowdfunding Pet, FinTech, Internet $351k–$526k
Mediterra Capital
VC Fund
1 Turkey, United States Series A, Private Equity, Post-IPO Equity Mobile, Software, Information Technology
Kalyon Holding
VC Fund
1 Turkey Seed Apps, FinTech, Software
Türk Telekom
VC Fund
1 Turkey, Spain Seed, Grant, Pre-Seed Artificial Intelligence, Software, Machine Learning $25k–$11M
Access all 68 VC funds in Turkey Financial Services startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Revo Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 8 investments in Turkey Financial Services startups, 6 in the past 12 months

Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds.

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Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 53
  • Round size: Seed $425k–$2.8M; Series A $250k–$19M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $96M in 2021

Portfolio highlights

  • DefensX — DefensX protects users from sophisticated cybersecurity attacks by isolating threats from reaching end-point devices, such as desktops, laptops, smart phones and tablets.
  • FileOrbis — FileOrbis is a file management platform that provides file-sharing and management services.
  • Getir Turkey — Getir is a technology company that provides on-demand delivery services.
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Collective Spark
VC Fund · Istanbul, Istanbul, Turkey · 7 investments in Turkey Financial Services startups

Collective Spark is a venture capital fund focusing on early-stage technology ventures. They aims to back and elevate highly driven hustlers and hackers who want to build scalable, disruptive businesses. They consider ourselves partners for the long term, and define Collective Spark as an Operational VC where ventures get access to top specializedtalent and hands-on shared resources in distinct areas critical to their success.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Turkey, United States, Greece

Investor stats

  • Total investments: 35
  • Round size: Seed $150k–$5M; Pre-Seed $450k–$2.6M; Series A $1.4M–$2M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Cenoa — Cenoa is an easy-to-use, fast and global superwallet
  • Invent analytics — Invent is a provide of advanced analytics solutions for retailers and FMCG companies. Invent's products and services enable companies to achieve maximum profitability with data-driven inventory and pricing decisions. Retailers using Invent’s proprietary solutions have seen 2-6% increase in profitability and an unmatched ROI, proven for eachcase with live large-scale A/B testing. Their SaaS solutions offer agility and scalability, requiring zero capital investment due to the pay-as-you-go subscription model.
  • Veloxia Technology — Veloxia Technology was founded on a vision of becoming a unicorn in global consumer technologies. Veloxia’s mission is to design the self-marketing & industry-disrupting products by achieving excellence at product-market fitness and integrating behavioral economics into its products. As revolutionary products require revolutionary people,Veloxia will always aim at gathering the ones with strong capabilities, reliable values and the desire to embody our story.
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Finberg
VC Fund · Istanbul, Istanbul, Turkey · 7 investments in Turkey Financial Services startups, 6 in the past 12 months

Finberg is a corporate venture capital firm and a Fibabanka subsidiary. On March 1, 2018, the company was established.

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Investment focus

  • Industry: FinTech, Financial Services, Information Technology
  • Stage:Seed, Corporate Round
  • Geography: Turkey, United Kingdom, United States

Investor stats

  • Total investments: 20
  • Round size: Seed $600k–$8M; Corporate Round $200k–$4M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • ikas — Start selling online with the new generation e-commerce platform ikas. Increase your sales and experience international commerce.
  • wamo — Get a better business account with wamo. Physical & virtual cards, team accounts. Do it all from one app. Ready in 10 minutes!
  • Taksit Market — Taksit Market is an e-commerce platform to sell electronic products.
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APY Ventures
VC Fund · Istanbul, Istanbul, Turkey · 6 investments in Turkey Financial Services startups, 26 in the past 12 months

APY Ventures is a venture capital firm focused on early-stage technology startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 46
  • Round size: Seed $88k–$2.4M; Pre-Seed $100k–$2M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2021

Portfolio highlights

  • Juphy — Unify social conversations, deliver excellent customer service, and sell via personalized messaging. #1 tool for social selling & support.
  • Poliark — AI for Built Environment
  • Syntonym — Syntonym state-of-the-art artificial intelligence technologies provide customers with seamless anonymization by protecting visual data values within the high standards. Syntonym applications use a cloud-native approach to provide customers with seamless integration at the EDGE, Cloud and on-premises servers.
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StartersHub
VC Fund · Istanbul, Istanbul, Turkey · 5 investments in Turkey Financial Services startups

We are StartersHub. We are here for people who want to grow their start-up and find their angel investors. Find your venture capital now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Turkey, Latvia

Investor stats

  • Total investments: 47
  • Round size: Seed $30k–$605k; Pre-Seed $20k–$285k; Convertible Note $25k–$30k
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Nerf IT — Nerf IT! is a super app enriched with crypto and NFT, where you can participate in tournaments, education, and events within esports.
  • Quin AI — Quin AI is a real-time digital customer analytics tool that helps e-commerce websites predict visitors’ behavior after only 3-clicks, and engage them in real-time. The tool is very simple to install (just a JavaScript plugin), and only uses in-session clickstream data (cookie-free & GDPR compliant) to make highly accurate predictions to supportconversion for traffic that otherwise drops.Quin significantly increases engagement and incremental revenue on websites through native engagement tools and easy API integration to available tech-stacks which makes the product an ideal solution for e-commerce websites and ideal partner for companies providing services to retail and e-commerce businesses.
  • Kassa — Kassa is an app that allows the user to easily share the expenses with their friends. The app reviews the user's balance of income and expenses, together with their savings to make financial decisions accordingly. Kassa keeps every mutual expense made to share it evenly.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 4 investments in Turkey Financial Services startups, 23 in the past 12 months

Founded in 1997, Earlybird invests in all development and growth phases of technology companies. Among the most experienced venture investors in Europe, Earlybird offers its portfolio companies not only financial resources but also strategic support plus access to an international network and capital markets. With EUR 2 billion under management,eight IPOs and 30 trade sales, Earlybird is one of the most established and active venture capital firms in Europe.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 247
  • Round size: Seed $1.2M–$14M; Series A $2M–$26M; Series B $4.8M–$40M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Binalyze — Binalyze enhances all your digital forensics and incident response processes at max speed.
  • ColibrITD — Quantum Computing Software Algorithm
  • Re-Fresh Global — Re-Fresh Global brings sustainability innovation into the manufacturing industry. Our patented biotechnology transforms textile waste into recycled raw materials: nanocellulose, ethanol, and sanitized textile pulp.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 4 investments in Turkey Financial Services startups

Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit.

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Investment focus

  • Industry: E-Commerce, Internet, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Jordan, Turkey

Investor stats

  • Total investments: 100
  • Round size: Seed $500k–$3M; Series A $2M–$6.5M; Series B $3.5M–$47M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
  • Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
  • Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
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Aslanoba Capital
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Financial Services startups

Aslanoba Capital is an early stage investor in tech startups in Turkey and the US. The company invests in startups pursuing disruptive ideas in areas such as marketplaces, e-commerce, mobile, classifieds, content, and SaaS with a consideration of investment between $0.25 million and $2 million.Aslanoba was founded in 2013 and is based inIstanbul, Turkey.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: Turkey, United States, Ireland

Investor stats

  • Total investments: 98
  • Round size: Seed $150k–$2.5M; Series A $350k–$2.5M; Series B $825k–$6.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $80M in 2015

Portfolio highlights

  • Colendi — Credibility and microcredit platform
  • CARD.com — Fully featured bank account with optional overdraft protection and round up savings account. Get your paycheck up to 2 days earlier.
  • Modacruz — Modacruz is a mobile social marketplace, serving more than 1 million women in Turkey, enabling women to buy and sell pre-owned brand name fashion items. Users can sign up to the platform to either find and purchase products or to sell their own. Modacruz was launched in 2014 and is headquartered in Istanbul
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Idacapital
VC Fund · Istanbul, Istanbul, Turkey · 4 investments in Turkey Financial Services startups

idacapital Innovation Fund is the first Impact Fund in Turkey investing across technology-enabled business verticals in Health Tech, Financial Inclusion, Edu Tech, Clean Tech, Agro Tech in and around Turkey.

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Investment focus

  • Industry: Logistics, E-Commerce, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $150k–$700k
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2018

Portfolio highlights

  • QDelivery — Qdelivery offers delivery solutions for companies operating in industries including food and beverage, retail, e-commerce, and furniture.
  • DIGINAK.COM — DIGINAK.COM is a state of art "Digital Transportation Platform". The platform generates spot transportation service for SMEs via online platform. The platform creates 30 days late payment option, Credit Cart Payment alternative, all risk insurance and 7/24 CRM.
  • Agrio Finans — Agrio offers Value Chain Finance Solutions to Agricultural Production Actors including Farmers, Contractors, Vendors and Financial Institutions.
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Keiretsu Forum Turkey
VC Fund · Sariyer, Istanbul, Turkey · 3 investments in Turkey Financial Services startups, 7 in the past 12 months

Keiretsu Forum is a private equity investment network of angel investors, venture capitalists, and corporate/institutional investors.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $175k–$7.5M; Angel $175k–$2M; Pre-Seed $250k–$500k
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Saybeni — Saybeni focuses on people's personal awareness and offers a personalized road map of life.
  • Reeplayer — Soccer is best when shared. Reeplayer automagically records games and gives everyone access to the footage. $99/month, camera included. Record without limits.
  • RePG Energy — RePG Energy is a renewable energy system that offers innovative solutions and patents which converts the flow power occurred by using non-saturated air into electric power directly without utilizing generator by means of osmosis and diffusion principles as distinct from renewable energy systems known. RePG Energy was founded in 2916 and is basedin Istanbul.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Tamer Capital
VC Fund · 3 investments in Turkey Financial Services startups

Tamer Capital is a venture development platform established within the Tamer Group. It aims to bring the digital-based business ideas of entrepreneurs in our country to the global. While Tamer Capital takes the responsibility of finance, business development, branding and marketing required for a start-up to reach its global dreams; It provides theentrepreneur with the opportunity to focus only on the operational part of his business.Tamer Capital aims to take the Smart Money model, which is frequently encountered in the Start-up ecosystem, to the next level and at the same time become a part of the initiative. It sets out to implement the business ideas of young, talented and innovative entrepreneurs by planning from A to Z and bring them to the level of worldwide projects.

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Investment focus

  • Industry: Artificial Intelligence, Sports, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Turkey

Investor stats

  • Total investments: 9
  • Round size: Seed $35k–$6M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Defimec — Defimec is an ecosystem of applications that includes deX, tokenization platforms, and DAO protocol.
  • Sertifier — Sertifier is an all-in-one education data collection tool that makes smart certificates and open badges easy to issue, enjoyable to earn, and simple to analyze.
  • Fitty — Fitty allows users to go to the gym of their choice and pay for the minutes they use.
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Elevator Ventures
VC Fund · Vienna, Wien, Austria · 3 investments in Turkey Financial Services startups

Elevator Ventures - Corporate Venture Capital powered by Raiffeisen Bank International (RBI).

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Investment focus

  • Industry: FinTech, SaaS, Software
  • Stage:Series A, Seed
  • Geography: Austria, Poland, Turkey

Investor stats

  • Total investments: 15
  • Round size: Seed $536k–$1.5M; Series A $1.8M–$23M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Bob W — Book the smartest alternative to hotels and random rentals. Climate-neutral and locally designed apartments in handpicked districts. Stay days, weeks or months.
  • vestr — Vestr facilitates the creation and life-cycle management of actively managed investment products and offers a software-as-a-service to its clients. The software engine handles everything from portfolio rebalancing to investor reporting and audit trails, so issuers and portfolio managers can focus on their core competencies. vestr is a pure playtechnology company and does not issue their own structured products.
  • Autenti — Autenti is a platform for document authorization and contracting via the Internet. It facilitates the signing of many papers and accelerates the working mode in companies.
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Boğaziçi Ventures
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Financial Services startups, 6 in the past 12 months

Boğaziçi Ventures has been established in 2015 with the purpose of supporting entrepreneurship to take their global success to a next level. We aim to invest in technology start-ups which have talented teams by providing business models and looking for funds and mentoring support for future exponential growth.BV Growth fund will only focus on thetechnology startups established in Turkey at the growth stage while having the ambition to get into the global market.BV Crypto fund will be closed with a minimum fund size of $50M to invest in cryptocurrency and blockchain projects. People are interested in investing in cryptocurrency, especially new initial coin offerings (ICO), but they don’t know which one is reliable. We have an extremely capable team dedicated to cryptocurrency. Our analysts search hundreds of ICO projects, follow their communication, investigate the commitment of their teams, make interviews and if they have a chance, even visit them at their locations to give a much better decision.

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Investment focus

  • Industry: Software, Artificial Intelligence, Video Games
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United Arab Emirates, Sweden

Investor stats

  • Total investments: 33
  • Round size: Seed $98k–$1.4M; Pre-Seed $350k–$600k
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Artiwise — Artiwise gathers all client feedback on a single platform by monitoring all customer communication channels. It makes decisions by using artificial intelligence to analyse client communication channels like call centre conversations, chatbot interviews, and surveys.
  • Waves Platform — Waves technologies drive innovations of tomorrow and bring them closer to the people of today
  • Veloxia Technology — Veloxia Technology was founded on a vision of becoming a unicorn in global consumer technologies. Veloxia’s mission is to design the self-marketing & industry-disrupting products by achieving excellence at product-market fitness and integrating behavioral economics into its products. As revolutionary products require revolutionary people,Veloxia will always aim at gathering the ones with strong capabilities, reliable values and the desire to embody our story.
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Quona Capital
VC Fund · Washington, District of Columbia, United States · 3 investments in Turkey Financial Services startups, 17 in the past 12 months

Quona Capital invests in fintech innovators that are advancing inclusion in emerging markets. Through our investments, Quona aims to deliver outstanding financial returns while making a lasting and positive impact on the world.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Series A, Series B, Seed
  • Geography: India, Brazil, Indonesia

Investor stats

  • Total investments: 132
  • Round size: Seed $1.1M–$11M; Series A $2.3M–$14M; Series B $6.2M–$45M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Caliza — Give your users access to the digital dollar economy. Get early access!
  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • Bureau — Bureau is trust network that facilitates end-to-end identity verification, compliance, and fraud prevention for new-age businesses.
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Istanbul Startup Angels
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Financial Services startups

Istanbul Startup Angels is Turkey’s most active angel investment network with a focus on innovative and fast growing technology startups. Currently in the process of building a micro VC and starting Turkey’s first crowdfunding platform, ISA also partners with corporations to find the most promising and suitable startups for them, by running sectorfocused accelerator programs.

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Investment focus

  • Industry: SaaS, Mobile Apps, Digital Entertainment
  • Stage:Angel, Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $50k–$175k; Angel $45k–$250k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LOKI — LOKI is a cloud-based secure network platform that can be managed without any technical knowledge.The company enables companies to manage and secure their networks by changing how they interact with cybersecurity products. LOKI platform offers a cloud-based secure software-defined wide area network (SD-WAN) infrastructure that automatically scansand protects all network traffic from threats.
  • MobilMed — Since 2015, we have been providing services in the field of mobile biomedical device design and application solutions. Our goal is to provide you with great customer experience and exceptional value services.
  • Parkkolay — Parkolay mobile app enables users to make parking reservations and paying parking fee via mobile phone. It is a platform that helps drivers to find a parking spot in under 1 minute. The company aims to make every step of parking more simple and easier with other parking solutions. The mobile app is available for IOS and Android operating sytems.
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Lima Ventures
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Financial Services startups, 7 in the past 12 months

Collaboration with outstanding initiators with exceptional insights, from inception through all levels of progress. Lima Ventures supports visionary founders as well as provides certain services to early startups. We seek innovative technology-driven entrepreneurs who generate and lead companies that will inspire millions.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, Estonia, Germany

Investor stats

  • Total investments: 28
  • Round size: Seed $21k–$400k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • VRLab Academy — VRLab Academy specializes in implementing advanced virtual science education to institutions. It focuses on waste-free, attractive, and useful design to makes advanced virtual science education possible. The company aims to evolve the educational environment where students will improve their scientific skills and learn all about it from firsthand.
  • Studio Billion — Studio Billion is a game development company that develops applications, games, and projects for different platforms. Studio Billion is headquartered in Istanbul, Turkey.
  • Enqura Information Technologies — Enqura Information Technologies offers advanced technologies in conjunction with human resources as reasonable solutions. Enqura develops creative solutions in the field of digital transformation. They provide innovative and end-to-end solutions to several industries, primarily finance and insurance.
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Alesta Yatırım
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Turkey Financial Services startups, 11 in the past 12 months

Ales Venture Capital Investment Trust Inc. 100% Escort Technology Investment Co., Ltd. was established in late 2012 as a subsidiary of an investment company subject to the Capital Markets Board legislation.Their target audience was primarily started to produce products or services are targeted at companies with existing customers and growth.However, the product or service to switch to the sales and marketing process, although in need of ready finance companies also take interest in Their initiative.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States

Investor stats

  • Total investments: 47
  • Round size: Seed $11k–$600k; Pre-Seed $35k–$400k
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2012

Portfolio highlights

  • OneNewOne — OneNewOne, which operates in the Human Resources vertical, uses artificial intelligence technology to classify and match the CV Pool in minutes and to enable artificial intelligence to do preliminary interviews using its "Smart Pre-Interview" module.
  • Handler — Handler is an artificial intelligence (AI) optimization of game creation processes, including idea, programming, and marketing.
  • Pusula Publishing — Compass, one of Turkey's top publishers of books on computer science, software, programming, and design, is the company behind the popular "Who's Afraid of Computers?" series. Compass also publishes periodicals, encyclopedias, and educational materials in the field of informatics.
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KT Portföy
VC Fund · Sisli, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

KT Portföy is an asset management company that offers innovative and halal investment opportunities with participation finance principles.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Seed, Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 3
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Turan — Aiming to be the only financial application that primarily provides services to people of Turkish descent in their own language, Turan wants to convey this journey that it started in Turkey to the Turkic States such as Azerbaijan and Uzbekistan in a short time.
  • Fimple — Simple and composable financial platform with the “Financial Function as a Service” principle.
  • Poliark — AI for Built Environment
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TechOne VC
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Financial Services startups, 9 in the past 12 months

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Turkey, United States, Estonia

Investor stats

  • Total investments: 39
  • Round size: Seed $115k–$2.4M; Pre-Seed $400k–$605k
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $7M in 2020

Portfolio highlights

  • GINOA — GINOA provides NFT, metaverse, and artificial intelligence for collecting, trading, and investing strategy. They also provide Al-enabled pricing and hassle-free barter place services.
  • WASK INC — Digital marketing ads software: create new smart ads and management digital marketing fast, advertising easily with digital marketing software tool
  • VRLab Academy — VRLab Academy specializes in implementing advanced virtual science education to institutions. It focuses on waste-free, attractive, and useful design to makes advanced virtual science education possible. The company aims to evolve the educational environment where students will improve their scientific skills and learn all about it from firsthand.
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DAAL
VC Fund · Al Khobar, Ash Sharqiyah, Saudi Arabia · 2 investments in Turkey Financial Services startups

The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space.

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Investment focus

  • Industry: E-Commerce, Software, SaaS
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United Arab Emirates, Egypt, Mexico

Investor stats

  • Total investments: 16
  • Round size: Seed $100k–$3.3M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Ogram — Ogram provides temporary and part-time staffing solutions for business that are looking to grow and improve their workflow. Hire Waiters, Runners, Kitchen Staff, Retail Staff, Warehouse Staff, E-Pickers and more.
  • Ordera — Ordera is a mobile application focusing on enhancing the pick-up (takeaway) experience in the F&B industry, using Ordera people will be able to place and pay for their orders before their arrival to the venue and pick them up on the go in less than 30 seconds whether from the store or even from their cars like a virtual drive-thru. And with ourbuilt-in loyalty program, the more people use the application the more free-stuff they collect from their favorite venues. On the other hand, Ordera helps venue owners to increase their sales, know their customers, and maintain their loyal ones!
  • Pulppo — Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, formerGM of Glovo in Argentina and founder of Kadabra (acquired by Glovo).
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Teknogirişim GSYF
VC Fund · 2 investments in Turkey Financial Services startups

Venture capital arm of KT Portföy

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Investment focus

  • Industry: Software, Computer Vision, Supply Chain Management
  • Stage:Seed, Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • İletmen — İletmen is a food delivery app which takes packages, products or orders from your business and deliver them to your customers.
  • Akaunting — Akaunting is a free, open-source, and online accounting software for small businesses and freelancers. Send invoices and track expenses.
  • BulutKlinik — BulutKlinik is an online hospital information management system that offers patient, financial & medical tracking information in one system.
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Q Angels
VC Fund · Besiktas, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

Q Angels is an angel investment firm that contributes to the growth of startups.

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Investment focus

  • Industry: Information Technology, Podcast, Social Media
  • Stage:Pre-Seed, Seed
  • Geography: Turkey, Sweden, Singapore

Investor stats

  • Total investments: 8
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Catio — Catio is a cloud infrastructure platform enabling companies to excel with cloud-native tech stacks, focused on tech stack evaluation, planning, and evolution.
  • Finceptor — Get early access to deeply vetted, insurance backed & allocation guaranteed token sales starting from $1 while earning auto-compound staking yields.
  • eTasin.com — https://etasin.com
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Gate Inside Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

Founded by successful entrepreneurs to help new comers. Gate Inside developed a new model of startup funding. Twice a year they invest a small amount of money. The startups move to their incubation center for 3 months. Founders get required help from mentors and other entrepreneurs like themselves in a unique working environment.

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Investment focus

  • Industry: Gaming, Sports, Charity
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey

Investor stats

  • Total investments: 5
  • Round size: Seed $50k–$250k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Fitmap — A unique marketplace where people meet trainers and coaches from various branches of sport and health all around the world.
  • Jib Games — We are a venture-backed game studio based in Istanbul, developing & publishing MMORPGs since 2009. Our games have been played by 25 million players in 8 countries.We believe that a good education brings self-awareness which drives happiness. Our mission is to dream, design, create and develop better and happy ways to get educated.Currentlyworking on Polity, a gaming platform where players can choose to excel in various professions as a citizen in an open virtual world. These professions derive from popular casual games. We target worldwide (esp. Tier 1) 16+ years old lifelong gamers.
  • Zonetix Market Research — Zonetix is a zero-party data market research company operating in emerging markets.
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QNBEYOND Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

Like every other aspect of our lives financial services are changing. The next 10 years will be nothing like before.We know visionary founders will play a key role to pioneer this change. That is why we are driven to partner with audacious teams who also have strong resilience.As a strategic investor we are aiming to explore any chance tocollaborate as earliest as possible, where we can contribute with our insights and explore the potential opportunities within QNB Group.Our presence as QNB Group in more than 30 countries serving 24 million customers with a full spectrum of financial products, makes us confident we can bring an extensive global network and our business expertise thus when we partner, we deliver critical support besides capital to accelerate growth.So if you think you are that team, contact us and let’s define what’s beyond of banking together!

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Investment focus

  • Industry: Information Technology, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $200k–$3.5M; Pre-Seed $375k–$720k
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • ikas — Start selling online with the new generation e-commerce platform ikas. Increase your sales and experience international commerce.
  • FirstBatch — User embeddings, compatible with all vector databases, enable instantly personalized experiences while ensuring personal and privacy-preserving memory.
  • Kiralarsın — Kiralarsın is a rental service to rent electronic devices.
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Mindvest Venture Capital
VC Fund · Sisli, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

Mindvest primarily invests in early stage fintech startups.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed
  • Geography: Turkey, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kalfa — Kalfa is a human-assisted digital business platform for financial advisors. It also offers transferring receipts and invoices to the system, mobile applications, e- auto bank transactions, preparing accrual records, and insurance policies, enabling operational work to be more controllable and faster from a single center.
  • Octopus — Octopus
  • F-Ray Financial Technologies — F-Ray Financial Technologies offers fundamental analysis tool that uses an algorithm to make sense of complex financial market data.
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Gedik Investment
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

Gedik Investment is an investment banking advisory and brokerage firm in Turkey providing research and brokerage services to domestic and foreign clients. The company is a member of Borsa Istanbul (BIST) and is authorized by the Capital Markets Board (CMB). Today, it has the largest customer base of any non-bank local brokerage house, with around34,000 clients and counting. Gedik Investment boasts a widespread distribution network, with 28 main branches spread across Turkey’s primary cities.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yancep — Yancep is a micro saving, and micro investment application.
  • Finfree — Finfree is an application that enables financial trading, stock market learning, and acts as a virtual stock exchange.
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Nexus Ventures
VC Fund · Ankara, Ankara, Turkey · 2 investments in Turkey Financial Services startups

Nexus Ventures is an investment firm that invests in transformational businesses and creates meaningful partnerships with entrepreneurs. They support these ventures through its mentorship, business and technical know-how, vast network, and capital. The firm was founded in 2002 and is headquartered in Ankara, Turkey.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Seed, Angel, Series A
  • Geography: Turkey, United States, India

Investor stats

  • Total investments: 24
  • Round size: Seed $2k–$4.7M; Angel $45k–$250k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Rapido — Rapido bike taxi provides the best intra-city commuting services and is currently operating in 100+ cities. It is considered as the most affordable choice.
  • Iambic Therapeutics — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
  • Liminal — Create Multisig wallets for Bitcoin, Ethereum, Ripple using hardware wallets. We make it extremely easy and secure for individuals and businesses to manage their digital assets without giving up control and ownership.
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Sabancı Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Turkey Financial Services startups

Sabancı Ventures is an investment arm that invests in technology and innovation-based companies in different sectors.

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Investment focus

  • Industry: Information Technology, Software, FinTech
  • Stage:Seed, Series A
  • Geography: Turkey, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $550k–$1.5M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Figopara — Figopara is a solution that discounts companies' e-invoices before their due dates with the offers received by financial institutions. It provides secure information to the financial companies that the customer is associated with and wants to reach by providing them with printed invoice information.Figopara was established in 2017 to developfinancial technology applications and is headquartered in Istanbul, Turkey.
  • Segmentify — Bring Growth to Life: Explore how you can create unique experiences for each customer in real-time and optimise customer lifetime value!
  • Supply Chain Wizard — SPEED, SIMPLICITY, SCALABILITY IN DIGITAL TRANSFORMATION Consulting Services DIGITAL SUPPLY CHAIN TRACK & TRACE PROCESS EXCELLENCE & RPA DIGITAL FACTORY CONSULTING Software as a Service DIGITAL FACTORY IoT & AI
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Deniz Ventures
VC Fund · 2 investments in Turkey Financial Services startups

Deniz Ventures is the corporate venture capital fund of DenizBank Financial Services Group.

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Investment focus

  • Industry: Trading Platform, Financial Services
  • Stage:Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Midas — Midas is the first neobroker of Turkey, providing zero commission Turkish and American stocks.
  • Erguvan — Voluntary carbon markets are opaque as they are dominated by OTC deals resulting in hefty brokerage fees and hidden margins. Matchmaking, integrity and settlement issues as well as counter-party risks are prevalent. On the other hand, access to carbon accounting solutions that offer integrated carbon offsetting features is low globally.Ourflagship product, Erguvan Marketplace is a secure and transparent carbon credits trading platform that directly connects end buyers and project developers, offering all participants a frictionless, efficient and low-cost transaction environment. We also provide a suite of activity-based carbon accounting APIs with seamless carbon offsetting features.
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Pachicle Invest
VC Fund · 1 investments in Turkey Financial Services startups

Pachicle Invest is a group of international “payment experts” led by Stefan Klestil, former President for Central and Southern Europe at Firstdata, Speedinvest, the Austria-based “super angel” fund, and Netprice.com’s subsidiary Beenos Asia led by Teruhide Sato.

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Investment focus

  • Industry: Payments, E-Commerce, Mobile Payments
  • Stage:Series A, Series C
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • iyzico — iyzico was founded with the aim of providing a secure payment management platform to online companies of different sizes operating in different industries. Currently it offers iyziPos (secure virtualPOS solution with automated fraud prevention and high authorization-rate bank integrations) , iyziBazaar (manage marketplace payments), iyziLink (payby link, without the need of a shopping site), and Buyer Protection (secure shopping experience) as the flagship products.
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Ava Labs
VC Fund · Brooklyn, New York, United States · 1 investments in Turkey Financial Services startups

AVA Labs makes it simple to launch finance applications using blockchain technology–with highly scalable and efficient networks, customizable public and private blockchains, the capability to create any digital asset, and more. We are empowering people to build an open, simple, and democratic internet of finance.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Grant
  • Geography: United States, Turkey, Chile

Investor stats

  • Total investments: 21
  • Round size: Seed $250k–$3.3M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Magna — Token Vesting and DeFi investment management. Track your fundraise, execute your TGE, and manage your token unlocks in one compliant cap table platform.
  • Onomy Protocol — Onomy is bridging Forex and Decentralized Finance through cross-chain liquidity aggregation and digital currencies.
  • Trustless Media — A new kind of production hub where ideas people care about actually come to life.
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Emirates NBD
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Turkey Financial Services startups

Emirates NBD is one of the top banks in UAE, offering banking services tailored for your needs. Start enjoying simple banking with Emirates NBD services.

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Investment focus

  • Industry: Manufacturing, Oil and Gas, Solar
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: United Arab Emirates, India

Investor stats

  • Total investments: 5
  • Round size: Debt Financing $150M–$8B
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Adani Enterprises — Adani Enterprises Ltd (AEL), the flagship entity of Adani Group, is an incubator focusing on establishing diverse new businesses<br/>
  • Abu Dhabi National Oil Company — Abu Dhabi National Oil Company (ADNOC) was established in 1971 to operate in all areas of the oil and gas industry and since then has steadily broadened its activity in establishing companies and subsidiaries and creating an integrated oil and gas industry in the fields of exploration and production, support services, oil refining and gasprocessing, chemicals and petrochemicals, maritime transportation and refined products and distribution.The Supreme Petroleum Council (SPC), chaired by His Highness Sheikh Khalifa Bin Zayed Al- Nahyan, President of the UAE and Ruler of Abu Dhabi, formulates and oversees the implementation of Abu Dhabi petroleum policies.During the past four decades, ADNOC has expanded its business activities, enhanced its competitive position and so managed to become one of the world’s leading oil companies with substantial business interests in upstream and downstream activities, including transportation, shipping, marketing and distribution.ADNOC’s efforts in the exploration and production field have concentrated on assessing undiscovered reserves and optimizing hydrocarbon recovery by improving the reservoir management.Over the last few years significant achievements were made in the expansion and development of gas fields to meet increased demand from industry gas users and gas injection requirements in order to enhance the oil and condensate recovery from the producing fields. ADNOC is committed to sustainable development. In 2009, the company has launched the ‘ADNOC Sustainability Performance Initiative’ ensuring a harmonious balance between society’s needs and Earth’s resources, while its track record in HSE sets the standards for the rest of the Arabian Gulf.Giving top priority to education, ADNOC established a number of institutions that train and develop a qualified UAE cadre for the energy sector. The Petroleum Institute, The Glenelg School of Abu Dhabi, the ADNOC Technical Institute, the Achievers’ Oasis and other scholarship programs are but a few examples of ADNOC’s educational projects.ADNOC has 15 subsidiary companies working in the various fields of the oil, gas, and petrochemical industry as well as crude oil and gas transport and services. They include ADCO, ADMA-OPCO, GASCO, ADGAS, ZADCO, TAKREER, NDC, ESNAAD, IRSHAD, FERTIL, BOROUGE, ADNATCO-NGSCO, ADNOC Distribution, Elixier and Al Hosn Gas.
  • Erguvan — Voluntary carbon markets are opaque as they are dominated by OTC deals resulting in hefty brokerage fees and hidden margins. Matchmaking, integrity and settlement issues as well as counter-party risks are prevalent. On the other hand, access to carbon accounting solutions that offer integrated carbon offsetting features is low globally.Ourflagship product, Erguvan Marketplace is a secure and transparent carbon credits trading platform that directly connects end buyers and project developers, offering all participants a frictionless, efficient and low-cost transaction environment. We also provide a suite of activity-based carbon accounting APIs with seamless carbon offsetting features.
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CapitalTurk Holding
VC Fund · 1 investments in Turkey Financial Services startups

CapitalTurk Holding

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Investment focus

  • Industry: Apps, FinTech, Mobile Payments
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Alternatif SuperApp — Alternatif SuperApp provides digital wallet services and offers a secure mobile payment gateway. People can utilize the campaigns, use the digital wallets of numerous brands in a single application, and make secure QR code payments with the Alternatif SuperApp. Users of Alternatif SuperApp can shop quickly and without standing in line, share awallet for the amount and duration they choose, and take advantage of the campaigns.
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iwallet
VC Fund · Çankaya, Ankara, Turkey · 1 investments in Turkey Financial Services startups

iWallet is a mobile application for cardless payments. They provide services in the field of financial technology, including payment systems, e-commerce applications, and dealer automation systems. They enable businesses to reward loyalty points and transfer money to employees.

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Investment focus

  • Industry: Financial Services, Information Technology
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Point Harca — Spend Points is a wallet application developer. They offer a platform that is used to follow the points and balances on their bank or contracted brand, buy digital products and gifts, and participate in the campaigns of the brands. It helps companies bring in new customers, increase brand awareness, and create fast campaigns, thereby enablingconsumers and companies to save time and money.
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DES Elektronik
VC Fund · 1 investments in Turkey Financial Services startups

Company provides maintenance services for Automated Teller Machines.

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Investment focus

  • Industry: Finance, Hardware, Service Industry
  • Stage:Series A
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DGI Works — DGI Works they provide banking products, produces security and performance banking products
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Mikro Yazilim
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Financial Services startups

The Story of a Local Software Giant from Past to Present.indigenous enterprise software in Turkey at a time when the newly spoken; Founded in 1988, Mikro Yazılım has managed to become one of the fastest growing companies in our country in the field of corporate commercial software since then. Comprehensive and functional software developed byMikro Yazılım, which is one of the software companies with the widest product range and customer portfolio in this field, aims to help manage the company assets in the best way. The softwares produced in Mikro Yazılım are; It has come to the forefront as products that have managed to significantly change the way they do business in every industry, from automotive to distribution, construction to production and retail.In every corner of Turkey, providing seamless support to customers Micro Software, products and services beyond the borders of Turkey and Turkey has managed to bring together more than 105 thousand of the business. Micro Software's know-how, engineering solutions and dynamic structure, combined with its customer-oriented approach, has brought customer satisfaction to a significant rate of 90 percent. Micro software products, today Azerbaijan outside of Turkey, Russia, Bulgaria and the Arab countries is taking place in many business internationally value used by the software category.

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Investment focus

  • Industry: FinTech, Financial Services
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kalfa — Kalfa is a human-assisted digital business platform for financial advisors. It also offers transferring receipts and invoices to the system, mobile applications, e- auto bank transactions, preparing accrual records, and insurance policies, enabling operational work to be more controllable and faster from a single center.
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MV Holding
VC Fund · 1 investments in Turkey Financial Services startups

MV Holding is a private equity and venture capital firm specializing in mid venture, late venture, and mature investments.

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Investment focus

  • Industry: FinTech, Payments, Software
  • Stage:Series A
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • PayCore — PayCore Acquiring offers any solution for banks, payment facilitators, EMIs, prepaid corporate services and financial instutions.
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Neo Portfolio
VC Fund · Sisli, Istanbul, Turkey · 1 investments in Turkey Financial Services startups

Neo Portfolio engages in the management of money market, real estate, venture capital, and private equity funds.

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Investment focus

  • Industry: FinTech, Finance, Real Time
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 2
  • Round size: Seed $702k–$2.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Turan — Aiming to be the only financial application that primarily provides services to people of Turkish descent in their own language, Turan wants to convey this journey that it started in Turkey to the Turkic States such as Azerbaijan and Uzbekistan in a short time.
  • Bimcrone — BIMCRONE is a cloud platform that creates a digital twin of the project, making all phases of the building lifecycle traceable, from planning to demolition. BIMCRONE increases profit (%3-%9), and efficiency (-) by digitalizing, monitoring, and reporting project data from planning, construction, and facility management to demolition.
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Evox Capital
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Turkey Financial Services startups

A new age crypto fund that invests in great teams and amazing projects.

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Investment focus

  • Industry: Blockchain, Cryptocurrency
  • Stage:Pre-Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finceptor — Get early access to deeply vetted, insurance backed & allocation guaranteed token sales starting from $1 while earning auto-compound staking yields.
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Beenos Partners
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Turkey Financial Services startups

Beenos is a platform for startups. Our in-house team of entrepreneurs-in-residence and specialists help you get your ideas off the ground. We’re (the) experts in engineering, design, data science, and business management. We know how to launch a company in this ever changing IT industry, and we’d like to help establish and expand your present andfuture business.The company was founded in 1999 as NetPrice.com, a provider of eCommerce services. NetPrice.com established Beenos as an incubation program before

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Investment focus

  • Industry: E-Commerce, Internet, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 30
  • Round size: Seed $492k–$6.9M; Series A $1.4M–$16M; Series B $10M–$51M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Vpon — Vpon Big Data group helps companies discover opportunities with the power of data. Reliable Data, Smarter Analysis, Precise Planning for Measurable Results
  • Raena — RAENA adalah platform reseller kecantikan terbesar di Indonesia yang memberikan peluang bisnis rumahan yang menjanjikan. Dropshipper & Reseller produk kecantikan
  • WAmazing — If you visit Japan, make your trip amazing with WAmazing! WAmazing allows you to book hotels at the lowest prices, reserve activities, and even receive a free SIM card.
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QInvest
VC Fund · Doha, Ad Dawhah, Qatar · 1 investments in Turkey Financial Services startups

QInvest is Qatar’s leading financial services firm and, with operations across the Middle East, Africa and Europe, is one of the most prominent Islamic financing institutions in the world. QInvest has built world class investment and advisory capabilities, with the highest standards of governance and transparency underpinning its client-focusedapproach. The firm’s priority is to deliver high-value propositions, considered solutions and tangible results for its clients and shareholders.

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Investment focus

  • Industry: Apps, FinTech, Mobile Payments
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alternatif SuperApp — Alternatif SuperApp provides digital wallet services and offers a secure mobile payment gateway. People can utilize the campaigns, use the digital wallets of numerous brands in a single application, and make secure QR code payments with the Alternatif SuperApp. Users of Alternatif SuperApp can shop quickly and without standing in line, share awallet for the amount and duration they choose, and take advantage of the campaigns.
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Vineyard Ventures
VC Fund · Edgartown, Massachusetts, United States · 1 investments in Turkey Financial Services startups

Vineyard Ventures advises and invests in people, companies and institutions that have bold, new ideas about how to change an industry or even a country. Based on the island of Martha’s Vineyard, off the coast of Massachusetts, Vineyard Ventures is currently working with entrepreneurs, universities, and corporations in the United States, Europe,Africa, Latin America and Asia.In addition to purely for-profit ventures, Vineyard Ventures also works with organizations and individuals who seek innovative solutions to pressing problems around the world, but do not necessarily have making profits as a sole objective.

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Investment focus

  • Industry: Software, Cyber Security, Fraud Detection
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Cybleai — At CybleAI Tech, we’re committed to providing cutting-edge, AI-driven cybersecurity solutions that empower businesses to operate securely and efficiently. Our services include Malware Detection Removal, Content Delivery Network, Security Management, SIEM Threat Detection, Cloud Security, Cyber Security, Identifying Threats, and Server Security.
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IFC Venture Capital Group
VC Fund · Washington, District of Columbia, United States · 1 investments in Turkey Financial Services startups

IFC supports technology ventures that are creating new opportunities in emerging markets, transforming industries, and driving inclusive growth while realizing strong returns.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series B, Series C
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 59
  • Round size: Series B $8M–$156M; Series C $9.1M–$60M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Figopara — Figopara is a solution that discounts companies' e-invoices before their due dates with the offers received by financial institutions. It provides secure information to the financial companies that the customer is associated with and wants to reach by providing them with printed invoice information.Figopara was established in 2017 to developfinancial technology applications and is headquartered in Istanbul, Turkey.
  • Scanntech — Scanntech provides point-of-sale software to retail stores. The company offers tech solutions and connectivity in sales points to enables independent supermarkets to process transactions, run inventory management, and provide financial services to consumers through intelligence point of sale software.Scanntech was founded in 1992 and is based inMontevideo, Uruguay.
  • Liquid Telecom — Liquid Intelligent Technologies, a business of Cassava Technologies is a pan-African technology group with capabilities across 14 countries, primarily in Sub-Saharan Africa.
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Huobi Capital
VC Fund · Beijing, Beijing, China · 1 investments in Turkey Financial Services startups

HTX serves its 10 million+ users worldwide with secure and stable trading services. Here at HTX, you can buy Bitcoin, Ethereum, Dogecoin, SHIB, and over 500 quality cryptocurrencies anywhere, anytime.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, United States, Hong Kong

Investor stats

  • Total investments: 33
  • Round size: Seed $1M–$9M; Initial Coin Offering $2.5M–$40M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Bit2Me — He buys and sells cryptocurrencies from home. With the security, ease, and speed that only Bit2Me can provide.
  • DRepublic — DRepublic is a metaverse company who are the developers behind the upcoming 3A blockchain game Cradles.
  • Skynet EGLD Capital — Investment Fund Focused on Growing the Elrond Network
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Kriptomeda
VC Fund · 1 investments in Turkey Financial Services startups

Turkey's online crypto media publishing.

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Investment focus

  • Industry: Cryptocurrency
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Decentralised Future — Decentralised Future provides news on the developments, innovations and industry news related to cryptocurrency.
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Colendi
VC Fund · Zug, Zug, Switzerland · 1 investments in Turkey Financial Services startups

Credibility and microcredit platform

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Investment focus

  • Industry: SaaS, Casual Games, Business Development
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Turkey

Investor stats

  • Total investments: 7
  • Round size: Seed $702k–$4M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Turan — Aiming to be the only financial application that primarily provides services to people of Turkish descent in their own language, Turan wants to convey this journey that it started in Turkey to the Turkic States such as Azerbaijan and Uzbekistan in a short time.
  • kazayaptim — Kazayaptim is an in-vehicle integrated security solution that, with its continuously developed technological infrastructure, can intervene within seconds not only in the event of an accident, but also in all vehicle-related emergency situations, to provide fast, reliable, and closest support point services to people who have had an accident withtheir vehicle. offers.
  • Passion Punch — Passion Punch develops mobile games boosted by notable art and effective story that will touch players' daily lives.
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HEDEF GIRISIM SERMAYESI
VC Fund · 1 investments in Turkey Financial Services startups, 6 in the past 12 months

Our company, which sees this gap in our country, to support entrepreneurship from the beginning;Investing in innovative projects of visionary entrepreneurs who design new markets with high growth potential, new technology or products, a new mode of production or service, To provide financial and managerial support to SMEs that are in anadvantageous position compared to their competitors in terms of products/services, but are short of capacity and financing, It has taken it as a mission to create the necessary infrastructure for the development of venture capital and business angels models in our country and to increase their awareness.

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Investment focus

  • Industry: Pet, FinTech, Internet
  • Stage:Seed, Equity Crowdfunding
  • Geography: Turkey

Investor stats

  • Total investments: 6
  • Round size: Seed $351k–$526k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kalfa — Kalfa is a human-assisted digital business platform for financial advisors. It also offers transferring receipts and invoices to the system, mobile applications, e- auto bank transactions, preparing accrual records, and insurance policies, enabling operational work to be more controllable and faster from a single center.
  • Norm Energy Systems — Norm Energy Systems is a Solar Power Investment & Management Partner that operates in Turkey.
  • Enqura Information Technologies — Enqura Information Technologies offers advanced technologies in conjunction with human resources as reasonable solutions. Enqura develops creative solutions in the field of digital transformation. They provide innovative and end-to-end solutions to several industries, primarily finance and insurance.
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Mediterra Capital
VC Fund · Sariyer, Istanbul, Turkey · 1 investments in Turkey Financial Services startups

Mediterra Capital is an independent private equity fund management company that provides investments in Turkey.

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Investment focus

  • Industry: Mobile, Software, Information Technology
  • Stage:Series A, Private Equity, Post-IPO Equity
  • Geography: Turkey, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Logo Yazilim — LOGO Yazılım is Turkey’s largest independent software company that provides business application development, integration, HR, and other related solutions to various sectors, including distribution, marine, retail, telecom, IT, tourism, textile, and more.
  • Supply Chain Wizard — SPEED, SIMPLICITY, SCALABILITY IN DIGITAL TRANSFORMATION Consulting Services DIGITAL SUPPLY CHAIN TRACK & TRACE PROCESS EXCELLENCE & RPA DIGITAL FACTORY CONSULTING Software as a Service DIGITAL FACTORY IoT & AI
  • Arzum Elektrikli Ev Aletleri — Arzum is the market leader in electrical small domestic appliances in Turkey. Arzum is one of the leading Turkish brands with over 90% brand awareness. Arzum has a wide range of product portfolio with over 250 SKUs in electrical kitchen appliances, house cleaning, iron and personal care categories. The Company serves more than 700 customers inTurkey and exports to more than 20 countries.
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Kalyon Holding
VC Fund · Üsküdar, Istanbul, Turkey · 1 investments in Turkey Financial Services startups

Kalyon Holding, which becomes one of the most consistently growing institutions of Turkey with its domestic and foreign projects designed and completed within the framework of sustainability principles, continues to add value to the society, environment and economy.

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Investment focus

  • Industry: Apps, FinTech, Software
  • Stage:Seed
  • Geography: Turkey

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Metatime — Metatime is building the world's most comprehensive digital ecosystem by maximizing the efficiency of blockchain technology. Over 70 digital products, one ecosystem!
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Türk Telekom
VC Fund · Ankara, Ankara, Turkey · 1 investments in Turkey Financial Services startups

Turk Telekom group provides integrated telecommunication services from PSTN, GSM to wide band internet. Türk Telekom group companies have 17.3 millions of PSTN customers, 6 millions of ADSL customers and 12.6 million GSM customers as of Mach 31, 2009. With its modern network substructure, covering the whole country, the group companies offer a widerange of services to its personal and corporate customers. Turk Telekom, who is the owner of the 99,9% of shares of the companies TTNET, Argela, Innova, Sebit A.S. and AssisTT, is also the owner of 81% of the shares of Avea, which is one of the three GSM operators in Turkey. Turk Telekom also supports Albtelecom in Albania. The 55% of the shares of Türk Telekom belongs to Oger Telekomunikasyon A.S. and the 30% of the shares belongs to Undersecretariat of Treasure of Turkey. The remaining 15% of shares has been offered to public.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Turkey, Spain

Investor stats

  • Total investments: 5
  • Round size: Seed $25k–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Myth AI — Myth AI provides artificial intelligence-based "state of the art" pattern design tools that brings together designers and businesses.
  • Metatime — Metatime is building the world's most comprehensive digital ecosystem by maximizing the efficiency of blockchain technology. Over 70 digital products, one ecosystem!
  • XENA VISION — Next Generation Emergency Recognition Technology
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Financial Services VC funding in Turkey at a glance

Stats across 65 deals from 68 investors.

68
investors
in Turkey Financial Services startups
65
deals
in Turkey Financial Services startups
$1M
median round
in Turkey Financial Services startups
31%
lead investors
lead at least one round
54%
Seed
most common funding stage

Access all 68 VC funds in Turkey Financial Services startups.

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