Funded Financial Services Startups in Turkey
The largest disclosed round among the 20 most recent financial services entries is Mundi’s $3M Seed round on 2025-02-12, with the next-largest disclosed am…
The largest disclosed round among the 20 most recent financial services entries is Mundi’s $3M Seed round on 2025-02-12, with the next-largest disclosed amounts far lower (the next-highest disclosed is Basefunder’s $8M on 2023-06-16; after that, $11M Midas appears, and below that most disclosed figures cluster in the $2M–$5M band such as Zephlex $2M on 2024-01-15, Craftgate $2M on 2022-06-01, Norma $2M on 2021-12-13, and Yancep $5M on 2023-05-04). Disclosed amounts also show a wide range: the smallest disclosed amount is Nakit Yok’s $20K Seed round on 2023-05-10, which is dramatically smaller than the bulk of disclosed rounds.
The list is heavily Istanbul-centered, with the great majority of entries based in Istanbul (including multiple districts: Istanbul listings for Mundi, Zephlex, egaranti, Seedify, Basefunder, Yancep, Norma, and others), while Antalya (Nakit Yok) and Ankara (fonbulucu) appear as single-city anchors. Timing clusters into the 2022–2023 period and then re-accelerates in 2024–early 2025: the newest dated round is Mundi on 2025-02-12, while the oldest is Figopara on 2020-12-30. Stage and disclosure are mixed: across the 20 rows, 8 are marked “undisclosed” and 6 are “Series Unknown,” meaning at least 70% of rounds lack a specific labeled series even though dates and some disclosed amounts are available.
Most recent rounds
20 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Turkey financial services set, and how does it compare to the rest of the disclosed figures?
Mundi’s $3M Seed round (2025-02-12) is the largest disclosed amount in the 2024–2025 window, but across all disclosed rows the top disclosed amounts sit higher: Midas disclosed $11M on 2022-02-07 and Basefunder disclosed $8M on 2023-06-16, while multiple other disclosed rounds cluster around $2M–$5M (e.g., Zephlex $2M on 2024-01-15; Yancep $5M on 2023-05-04; Norma $2M on 2021-12-13).
Are there any major outliers by disclosed amount, especially on the low end?
Yes. Nakit Yok’s disclosed $20K Seed round on 2023-05-10 is the smallest disclosed amount in the list, far below other disclosed rounds such as egaranti’s $610K (2024-01-04) and the $1M–$3M cluster (e.g., fonbulucu $1M on 2022-02-07; Craftgate $2M on 2022-06-01; Mundi $3M on 2025-02-12).
Is the geography concentrated, or do Ankara and Antalya show up as comparable hubs in these 20 entries?
The entries are strongly Istanbul-heavy: most companies list Istanbul locations (often with district-level detail like Maslak, Esenler, Kadikoy, and Umraniye). Ankara appears once (fonbulucu on 2022-02-07) and Antalya appears once (Nakit Yok on 2023-05-10), making them isolated city outliers relative to Istanbul’s dominance.
How does stage labeling behave here—do “undisclosed” and “Series Unknown” dominate the rounds?
They dominate. Of the 20 rows, 8 are marked “undisclosed” and 6 are “Series Unknown,” so 14 of 20 rounds (70%) don’t provide a specific, labeled series in the data shown—even though some still include disclosed amounts (e.g., Seedify $10M with “Series Unknown” on 2023-09-12, and egaranti $610K on 2024-01-04).
What’s the temporal edge of these rounds, and is there a clear recent clustering?
The time span runs from Figopara on 2020-12-30 through Mundi on 2025-02-12. There is a clear recent uptick in late 2024 and early 2025 (e.g., Mundi 2025-02-12; Lojipay 2025-01-10; Kobe 2024-12-17; Smart Advice 2024-07-22), while multiple additional rounds cluster in 2022–2023 (e.g., Midas 2022-02-07; Norma 2021-12-13; Nakit Yok 2023-05-10; Yancep 2023-05-04).
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.