Tech Company Financing Transactions
Sipay Funding Round
Elephant Partners, QuantumLight Capital and Revolut participated in a $78 million Series B funding round for Sipay. The round was announced on 4/8/2025.
Transaction Overview
Company Name
Announced On
4/8/2025
Transaction Type
Venture Equity
Amount
$78,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to establish new partners and networks in emerging markets as it looks to accelerate its expansion internationally.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Küçükçamlica Mah. Ord. Prof. Fahrettin Gökay Cad. No:49
Üsküdar/Istanbul, 34696
Turkey
Üsküdar/Istanbul, 34696
Turkey
Phone
Website
Email Address
Overview
Sipay, founded at the end of 2018 with a dynamic and innovative perspective in the field of payment systems, brings together under one roof the digital wallet infrastructure, transactions with or without cards, money orders, mobile operations, and all other alternative payment methods. Providing extensive solutions with an administrative staff that has worldwide experience and an expert research and development team, Sipay holds the PCI-DSS certificate, which is the world standard for high security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nezih Sipahioglu
Browse more venture capital transactions:
Prev: 4/8/2025: Osstec venture capital transaction
Next: 4/8/2025: Grain Ecosystem venture capital transaction
Share this article
Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs