Hayhay received investment from Finberg at a valuation of $18 million

fintech company arranging things in a row, FinbergReceived investment from , at a valuation of $18 million. Hayhay Electronic Money and Payment Services is preparing to strengthen its place in the financial technology sector with this investment.

Users can make bill payments, bill installment options, consumer loans, money transfers and many other digital wallet-related transactions through Hayhay. Users can also earn up to 15 percent cash back on purchases from contracted brands.

Highlights of the initiative

According to the information shared; Hayhay increased its transaction volume in the last year 460 percenttheir income 340 percent increased by . Additionally, the initiative 800 bini reached the number of users exceeding . HayHay in 2022 Its investment in iWallet It came to the fore with.

Finberg Board Member İhsan Elginannounced that he believes that Finberg will play an important role in Hayhay achieving its strategic goals with this investment and that this partnership will bring long-term success.

Emre Torun, Founder and Chairman of Hayhay He stated that, as an institution, although they see Finberg’s capital investments as very valuable, they think that the contribution that investors will receive from their knowledge and experience is much more of a priority.

Hayhay General Manager Berk Çağlayan In his statement, he described the investment as an important step for Hayhay to consolidate its rise in the sector and reach wider audiences. According to Çağlayan; With this strategic step, the initiative will accelerate R&D studies and enable the commissioning of new products and services. Çağlayan added that with Hayhay, they aim to contribute to the Turkish economy by offering various financial solutions not only to individual users but also to SMEs and large enterprises.