Colendi has aquaried its Capital Markets Board License (SPK) which is the brokerage services license for investment services. 

During series A round investments Colendi acquired $38 million-dollars, making it the startup with the highest series A round investment in the Turkish FinTech sector.

Following it’s series A round investment of $38 million, Colendi has now reached a valuation of $158 million.

Colendi is a multifunctional banking as a service platform that democratizes banking services for consumers, merchants, and financial institutions. Colendi’s A round investment serie was led by Repie and has reached a valuation of $158 million through well known investors. The company will utilize its new capital for international expansion starting with Ukraine.

Colendi, which scored 3 million users in a span of 12 months, has its headquarters based in the UK. Colendi enables unbanked, underbanked, and underserved individuals to reach innovative financial services thanks to its AI, big data, and modern scoring algorithm. Colendi’s 3 million users have access to the company’s full range of financial services to pay, send, spend, and track their money.

Colendi recently has aquaried its Capital Markets Board License (SPK) which is the brokerage services license for investment services.

One of Colendi’s recent announced was the addition of İnanç Balcı to the Company’s board of directors, bringing the number of board members to five.  Colendi Board consists of  Ian Hannam as chairman, Co-Founders Bülent Tekmen and Mihriban Ersin and its new additions Deniz Güven, and İnanç Balcı.