Money.Industries Receives Investment at $1.5 Million Valuation

Estonia-based fintech startup Money.Industries received investment at a valuation of $1.5 million. Money.Industries mediates domestic fintechs to provide services across borders. The Estonia-based startup raised funding at a valuation of $1.5 million in an investment round led by Caucasus Ventures. In addition to Caucasus Ventures, Sabrican Zaim and Hasan Jabbarov also participated in this investment round. Money.Industries enables financial technology startups to make international money transfers without banks and without being incorporated in global markets. The Estonia-based startup was founded by Kutay Yalınkılıç.

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Money.Industries Will Become Global Fintech Solution

Founded in Estonia in September 2023, the fintech startup connects local payment and payment networks around the world. It reaches its users in Turkey, the Middle East, Central Asia, Africa and Eastern Europe without having the infrastructure and know-how. It offers its users in these markets the opportunity to make both corporate and individual payments to their wallets, bank accounts, physical payment points and cards.