Dgpays, a local fintech initiative that offers solutions on payment systems, participated in the tour with the European Bank for Reconstruction and Development, EBRD and Truffle Capital. Investment with a valuation of $600 million took. The company received investments from EBRD and Goldman Sachs in 2021 with a valuation of over $300 million.
Dgpays aims to become a strong player in the global arena by expanding its foreign operations with the investment it received.
Founded in 2017, Dgpays has become one of the important technology providers in the region in a short time with its products and services developed in Turkey by IT / R&D teams of more than 600 people. Dgpays, which has a strong position in the financial technologies sector in our country and provides technology to more than 50 institutions from both finance and non-financial sectors, started its activities abroad in 2022 and became one of the important players in the international arena in a short time.
Commenting on the investment, Dgpays CEO Serkan Ömerbeyoğlu said, “As a very young company, we have grown rapidly with Dgpays over the past 7 years and become a leading technology company. We continue to bring foreign investments to our country and increase the value of our company by increasing our investment valuation in the last 2 years. With the recent investments we received, our company value reached over 600 million dollars. “We will continue to work with our goal of becoming a critical player globally in the fintech sector by continuing our strong growth in Turkey and abroad.” said.
Arvid Tuerkner, Turkey Director of EBRD, which made its second investment in Dgpays, said, “Turkey is an important country with innovative companies that have the power to compete worldwide in the financial technologies sector. Dgpays is one of the biggest actors in this sector. “We are pleased to re-invest in Dgpays in 2024, with our confidence in Dgpays, which we have previously invested in 2021, and in the potential of the Turkish economy.” he said.
Presidential Investment Office President Burak Dağlıoğlu said, “This international investment received by Dgpays, one of the important players in the sector, also shows the belief in our country’s potential and the increasing investor interest in our country.” said.
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