101 Top Istanbul Financial Services Companies and Startups

November 14, 2022

This article showcases our top picks for the best Istanbul based Financial Services companies. These startups and companies are taking a variety of approaches to innovating the Financial Services industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

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Top Istanbul Financial Services Startups

Data sourced from Crunchbase and SemRush.

Midas

Midas

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Midas is the first neobroker of Turkey, providing zero commission Turkish and American stocks.

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Param

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Param is a financial technology company that provides prepaid cards, online payment system, credit and other fintech operational solutions.

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İşbank

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İşbank is a Turkish commercial banking service provider.

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PayCore

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PayCore is a fintech company that offers advanced complete payment and processing solutions for the banking, telecom, and payment sectors.

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Papara

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Fast, simple, affordable and fun financial services for all.

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ICRYPEX

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ICRYPEX is a cryptocurrency exchange platform focusing on money and foreign exchange markets, fixed income products, and digital currencies.

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Turan

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360-degree financial application for the people from the Turkic States living in Turkey.

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Avivasa

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Avivasa Emeklilik Hayat is a life insurance and pension company which offers its customers innovative products.

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AKBANK T.A.S. B TIPI UZUN VADELI TAHVIL BONO FONU

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Akbank T.A.S. B Tipi Uzun Vadeli Tahvil Bono Fonu is primarily engaged in issuing unit investment trusts.

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Figopara

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Figopara is a solution that discounts companies’ e-invoices before their due dates.

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Parasut

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SaaS bookkeeping for SMEs in Turkey

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Odeal

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Oedeal is a online payment service company, dedicated in providing wide range of financial solutions to entrepreneurs.

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QNB Finansbank

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QNB Finansbank is a Turkish bank with headquarters in Istanbul. That provides Banking service.

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DenizBank

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DenizBank was founded in 1938 as a state-owned bank in order to provide funding for the developing Turkish maritime sector.

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KolayBi

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KolayBi is a new generation cloud based Bookkeeping and Financial Application platform with online bank account aggregation for SMEs.

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Yapi Kredi Leasing

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Yapi Kredi Leasing aim of carrying out domestic and international financial leasing transactions.

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Lidio

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Lidio is a PSP. Acquiring Mobilexpress has became the biggest payment platform with more than 150M transactions with 2m+ consumers

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Craftgate

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Craftgate is a payment gateway that integrates virtual POS of all banks of your business and e-money institutions from a single center.

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igor

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igor is a unique neobank based in Istanbul that offers mobile payments, online banking, and financial services.

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Payfull

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Payfull serves businesses, banks, and payment institutions with innovative and self-developed staff.

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ComPay

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ComPay is an easy and secure online money transfer from your own bank’s digital banking channel.

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Yancep

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Yancep is a micro saving, and micro investment application.

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QNB Finansleasing

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QNB Finansleasing company provides domestic and international financial leasing.

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Kassa

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Kassa is an app that allows the user to easily share the expenses with their friends.

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weepay

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weepay is a payment receipt system management platform that offers

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Fintegre

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Affordibility Solutions Platform for Retailers. Fintegre operates in many verticals from Consumer financing solutions to Trade-in programs

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Resardis

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Decentralized Cryptocurrency Exchange on Side Chain

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Finekra

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Finekra is a Banking Application that manage all Banks from a single screen.

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Re-Pie Asset Management

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Re-Pie is an asset management company.

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Tekkredi

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Tekkredi.com is a platform to help you reconfigure your existing loans in different banks and relax your monthly payment plan.

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Agrio Finans

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Agrio is an agriculture-focused financial technology firm that offers various financial services with smart contract technology.

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Norma

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“One-stop shop” banking and financial management platform for freelancers & micro-SMEs providing integrated products to save time and money.

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Fongogo

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Fongogo is an investment supporting firm to any project to provide products and services related sub-supporters.

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Garanti BBVA Leasing

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Garanti BBVA Leasing offers financing models suited to the investment finance needs of its customers and provides consultancy services.

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Interactive Loan

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Interactive Loan provide financial assistance by providing trainings about credit, bond trading, or leasing methods.

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BtcTurk

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BtcTurk is a Bitcoin and cryptocurrency exchange that utilizes BTC Trader’s white label platform.

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212

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212 is committed to Emerging Europe and expanding the diaspora network by utilizing a robust presence in Istanbul, Doha, and San Francisco.

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Kredico

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Kredico is an online credit scoring service for personal and corporate clients.

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StartupFon

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Online early stage investment platform.

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Actera Group

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Actera Group is the private equity firm dedicated to investments in turkey with asset management .

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QNBEYOND Ventures

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We partner with audacious teams to take financial services beyond.

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Fintables

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Fintables is a fundamental analysis platform standardizing the financial reports of companies traded in Borsa Istanbul.

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Kredya

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Credit Lending and Personal Finance

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Metamorfoz ICT INC.

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Metamorfoz is an R&D and technology company with the focus of providing innovative, result orientated, end2end solutions for finance sector.

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Esas Ventures

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Esas Ventures is the venture capital arm of Esas Holding, one of the largest family-owned investment firms

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Diffusion Capital Partners

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DCP is a VC fund manager that exclusively invests in early stage deep-tech start-ups.

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Kuveyt Turk Bank

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Kuveyt Turk is a Participation Bank established in 1989 to operate in accordance with terms set forth by the Council of Ministers’ Decree

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Paribu

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Paribu is a platform that offers its users a fast, easy, and secure cryptocurrency transaction service.

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Birlesik Odeme

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Birlesik Odeme is a payment services company that offers solutions based on smart payment technologies.

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Koc Holding

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The Koç family, one of Turkey’s wealthiest families, controls the company with its headquarters in Nakkaştepe, Istanbul.

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Türk Ekonomi Bankası

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Türk Ekonomi Bankası, “TEB Grubu” nun ilk kuruluşu olup 1927 yılında faaliyete başlamıştır

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DgPays

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Dgpays are into fintech which provides end-to-end payment system for Banks, E-Money Institutions, Telecom and Transportation Operators.

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Paycell

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Paycell is an online payment solutions company.

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DGI Works

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DGI Works is a Innovative Business.

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Sabancı Holding

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Sabancı Holding is the parent company of Sabancı Group, Turkey’s leading industrial and financial conglomerate.

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Lima Ventures

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Lima Ventures, is a Turkish joint-stock company to support & consult entrepreneurs and innovative businesses with pacemaker members.

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Yapı Kredi Bankası

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Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey.

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TURKIYE HALK BANKASI ANONIM SIRKETI

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Halkbank is Turkish financial services firm that provides banking and lending services.

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Finfree

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Finfree is an application that enables financial trading, stock market learning, and acts as a virtual stock exchange.

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Red Rose

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Red Rose is a non-profit organization offers e-cash transfer solutions.

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Bitay

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Bitay is a digital cryptocurrency trading platform.

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Arya Women’s Investment Platform

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Arya WIP is a platform that creates acceleration and investment opportunities with strategic partnerships for women led entrepreneurship.

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Fibabanka

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Fibabanka is one of the prominent banks in Turkey with a highly experienced management team.

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SiPay

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SiPay provides virtual POS, mobile POS, manual POS, digital wallet, virtual IBAN, and corporate digital wallet services.

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Global Investment Holdings

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Global Investment Holdings is an independent brokerage and investment banking firm.

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Angel Effect

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We are a team of successful entrepreneurs, corporate leaders and people who know the impact of creating value together.

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Sigortam.net

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Sigortam.net is an insurance company in the field of vehicle insurance.

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Gunes Sigorta

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Gunes Sigorta is one of the leading companies in its sector, Güneş Sigorta has been providing service to its insured.

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Is Private Equity

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Is Private Equity is a capital market institution linking entrepreneurs to the capital markets.

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Hepsipay

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Hepsipay is a fintech company that provides payment gateways, online payments, fraudulent protection, and financial services.

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Garanti Bankasi

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To continuously and noticeably increase the value bank create for the customers, shareholders, employees, the society and the environment.

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Türkiye Finans Participation Bank

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Turkiye Finans Katilim Bankasi is the first and largest public bank in Saudi Arabia.

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PayFix

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PayFix is a payment platform that provides digital financial services.

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FU

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The FU carries out mortgage business, which guarantees the loans of banks and financial institutions, loans of non-financial institutions.

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Mediterra Capital

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Mediterra Capital is an independent private equity fund management company that provides investments in Turkey.

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Fon Radar

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Fon Radar is an online marketplace platform that brings small and medium entrprises together with financial institutions.

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Letven Capital

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Letven Capital is a portfolio management company to establish and manages venture capital investment funds.

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Global Kapital Group

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Global Kapital Group a group of fast-growing companies that operate in the financial technologies industry.

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AXA SİGORTA

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AXA SİGORTA is a company that provides insurance coverage and counseling.

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Gedik Investment

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Gedik Investment is an investment banking advisory and brokerage firm in Turkey.

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A1 Capital Yatırım Menkul Degerler AS

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A1 Capital Yatırım Menkul Degerler AS to provide direct solutions to all needs in the capital markets.

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Matriks

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Matriks develops individualized software for data dissemination, data feeds, analysis and trading tools.

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Lidsi

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Smart savings assistant from the future

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BKM express

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BKM express is a mobile application that allows for users to transfer money and pay for products through their phone.

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PwC Türkiye

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PwC Turkiye offers audit, tax and advisory services to industry-focused public and private organizations.

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Winngie

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P2P Money exchange and transfer money abroad

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Altdata Analytics

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Altdata Analytics is a consultancy firm.

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Paynet Ödeme Hizmetleri

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Paynet Ödeme Hizmetleri is a payment enabler and accounting solution provider company.

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Aktif Ventures

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Aktif Ventures builds digital ventures from the ground up and bring them to scale by using ideas and resources.

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VakıfBank

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VakıfBank is an integrated financial services group that provides banking services.

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FinTech Istanbul

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FinTech Istanbul operates with a mission to provide sustainable networking, content creation, courses and FinTech ecosystem.

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IPOS (Turkey)

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Loyalty and Mobil Payment infrastructure

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Allianz Türkiye

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Allianz Türkiye provides life, pension and health insurance services.

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Gpay

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GPay is a provider of gaming payment system services.

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PaybyMe

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A leading payment provider with a mission of enabling the next generation payment solutions for all types of businesses around the world.

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Albaraka Turk

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Albaraka Turk specializes in providing financial services through its branches.

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Şekerbank

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Şekerbank provides agricultural banking and retail banking services.

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Quick Sigorta

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Quick Sigorta offers home, life, health, travel, bail, auto, earthquake, personal accident, and physician liability insurance services.

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GonderAl

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GonderAl is a fintech company that specializes in international and domestic transfer services along with payment solutions.

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Ak Portfoy

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Ak Portfoy is an investment management company that offers services to its customers in mutual funds management, pension funds management.

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PayPoint

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PayPoint is a FinTech company that transforms online and offline electronic payments.

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