Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Seed
Geographical Focus
United Kingdom, Turkey, Romania, Georgia, Azerbaijan
Industries Focus
- Financial Technology
- Loyalty Programs
- Digital Wallets
- Payment Services
- Money Transfers
Investment Size:
200,000 to 2,000,000 USD
Investor Details Founded: 2010
United Payment is a prominent Turkish fintech company offering a wide range of financial technology services, including virtual and physical prepaid cards, payment infrastructure, money transfers, wallet services, cash management, check-out integration, marketplace payments, bill payments, and loyalty programs. The company primarily serves banks, multinational corporations, small to medium-sized enterprises, and public institutions. Founded in 2010 and headquartered in Istanbul, Turkey, United Payment has expanded its operations to Azerbaijan, Georgia, Romania, and the United Kingdom, solidifying its position as a regional leader in the fintech sector.
In 2015, United Payment became one of the first companies in Turkey to obtain an e-money license, enabling it to offer a comprehensive suite of financial services. The company has established strategic partnerships with industry leaders such as Wise, TransferGo, Dlocal, and Remitly, facilitating over 10 million money transfer transactions annually. United Payment's innovative approach includes the introduction of 24/7 domestic money transfers and the development of a 'Fintech as a Service' (FaaS) model, providing a seamless and efficient financial experience for its customers.
United Payment's commitment to innovation is further demonstrated by its investment in artificial intelligence, which has enhanced its marketing, customer relationship management, reporting, and analytical capabilities. This technological advancement has led to significant cost reductions, error minimization, and increased operational efficiency. The company's dedication to expanding its global footprint is evident in its recent achievement of securing an e-money license from the Central Bank of Azerbaijan, marking a significant milestone in its international growth strategy. United Payment continues to focus on providing accessible and convenient financial solutions, aiming to transform businesses into fintech leaders and contribute to the advancement of the financial technology ecosystem.
Requirements
- Innovative financial technology solutions
- Scalable business models
- Strong management teams
- Potential for regional or global expansion
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
Portfolio Companies
- Turan
Mentioned In
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