Iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S. announced that it expects to receive $13 million in funding from Vostok Emerging Finance Ltd, 212 Limited, International Finance Corporation, Amadeus Capital Partners Limited
January 19, 2017
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iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S. announced that it has received $13,000,000 in its series C round of funding led by new investor Vostok Emerging Finance Ltd (OM:VEMF SDB) on January 19, 2017. The transaction included participation from returning investors, International Finance Corporation and 212 Limited. Vostok Emerging Finance Ltd (OM:VEMF SDB) participated for $9,000,000 in the transaction. As part of the transaction, a representative from Vostok Emerging Finance Ltd (OM:VEMF SDB) has joined the board of directors of the company. The company has received €20,000,000 ($21,372,800) in funding till date. The conversion was made through www.oanda.com on January 19, 2017.
Vef AB (publ) is a Sweden-based investment company. The Company invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The Company focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.
Iyzico Teknoloji Ödeme ve Elektronik Para Hizmetleri A.S. announced that it expects to receive $13 million in funding from Vostok Emerging Finance Ltd, 212 Limited, International Finance Corporation, Amadeus Capital Partners Limited
VEF AB 
