TeamSec Receives Investment at a Valuation of 42 Million Dollars

TeamSec, which works on regulatory technologies, completed its first investment round. The Turkish startup raised funds at a valuation of $42 million in its first investment round. TeamSec offers artificial intelligence-supported cloud-based solutions to the finance, securities and regulatory technologies sectors. The names of the angel investors participating in the investment round were not disclosed. The startup was founded in Istanbul last year. It offers its clients the possibility to issue financial products in both the finance and regulatory fields. These products are structured in a wide range. TeamSec focuses on securities services. It offers working capital solutions specifically for exporters. Since the company offers its services on a cloud basis, it offers its customers a great advantage in terms of flexibility, efficiency and security.

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TeamSec Plans to Expand into Global Markets

TeamSec has developed a product called SaaS (Securitisation as a Service). This product digitalises securities transactions end-to-end. SaaS removes the risk-weighted assets of financial institutions from the balance sheet. It also increases the capital adequacy ratio. For non-financial institutions, it reduces both working capital needs and indebtedness ratios.

TeamSec will continue its growth in Turkey with the investment it received. The securitisation market is very strong in the Gulf Region, America, Canada, Europe and China. It plans to expand its teams in order to scale in these regions. It will also strengthen its marketing actions in these locations. The Turkish startup focuses on seamless and flexible integration. It enables its customers to decide which of their receivables to securitise with the support of artificial intelligence. It also offers its customers many features such as

All these features increase customers' compliance with regulations. It also optimises securitisation operations. Thus, overall business performance and efficiency are increased.