16 Best Fintech Startups in Istanbul to Watch in 2025

The Definitive Seedtable Ranking of Fintech Startups in Istanbul

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 16 start-ups with an aggregate funding of $165.3m. The average funding per company in this subset is $10.3m.

Last update to the database: Feb 18, 2025. See changelog.

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1

Funding Rounds

$2.0m

Money raised

BitTurk: Turkey's first cryptocurrency exchange.

1

Funding Rounds

$50.0k

Money raised

Dafecs is a company founded in 2021 by Eser Dogan.

4

Funding Rounds

$10.0m

Money raised

Cloud-based platform for managing properties and aiding residents.

Location:

Key people:

2

Funding Rounds

$3.0m

Money raised

Payment gateway integrating virtual POS of all banks and e-money institutions from a single platform.

2

Funding Rounds

$2.0m

Money raised

Platform for entrepreneurs to manage company formation and financial processes.

1

Funding Rounds

$5.0m

Money raised

Tarfin is an Istanbul-based company founded in 2016 by Mehmet Memecan.

Location:

Key people:

2

Funding Rounds

$600.0k

Money raised

Akaunting is an open source accounting platform for SMEs founded in 2017 by Denis Duliçi.

Location:

Key people:

2

Funding Rounds

$320.0k

Money raised

Platform for children to manage their pocket money.

1

Funding Rounds

$1.2m

Money raised

Platform offering cloud-based bookkeeping and financial applications with online bank account aggregation for SMEs.

2

Funding Rounds

$539.5k

Money raised

1

Funding Rounds

$15.0m

Money raised

Iyzico is an Istanbul-based company founded in 2013 by Barbaros Özbugutu.

Location:

Key people:

1

Funding Rounds

$2.0m

Money raised

Norma offers solutions in finance, pre-accounting and financial consultancy on a single platform to everyone who manages their own business.

2

Funding Rounds

$93.0m

Money raised

Sipay is an online payment solution provider founded in 2018 by Nezih Sipahioglu.

Location:

Key people:

1

Funding Rounds

$1.1m

Money raised

Turan is a financial planning app for Turkey founded in 2022.

Location:

2

Funding Rounds

$28.0m

Money raised

1

Funding Rounds

$1.5m

Money raised

Neobank based in Istanbul offering mobile payments, online banking, and financial services.

Industries:

Location:

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