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New investment of $15 million in fintech Sipay

Sipay, one of the leading fintech startups of our country, received an investment of 15 million dollars in the first investment round led by Anfa VC. Important names such as Jitendra Gupta from Citrus Pay and Jupiter, Amrish Rau from Pine Labs, Kunal Shah from CRED, Ravish Naresh from Khatabook and Edward Lando from Pareto Holdings also participated in this round.

Founded in 2019, Sipay aims to meet all the financial needs of both individuals and businesses with alternative solutions on a single platform. Attempt; It offers many financial services such as digital wallet infrastructure, Virtual POS systems, card and cardless payment options and money transfer.

Sipay, which has reached a 10-fold annual growth rate as of now, aims to close the year 2024 with a revenue of 300 million dollars. With this new investment, the company plans to expand its product range, expand into new markets and strengthen its global presence.

Nezih Sipahioğlu , Founder and Global CEO of Sipay, said, "In the digital age where needs and expectations change rapidly, we continue to be the pioneer of fintech trends and serve our users with the most innovative solutions. This investment we received is a proof of the disciplined work and dedication of our team." said.

Sipahioğlu continued his statements: "With this financing, we will accelerate our work on artificial intelligence, hyper personalization, embedded finance, blockchain and virtual reality, while also expanding into new markets. By implementing a comprehensive financial marketplace that offers a wide range of products and services on a single platform, we will provide our users with commercial and personal services." "We will enable them to choose the most appropriate solutions for their financial needs." he said.


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