Turkish Startup igor Announces Investment at $8.5 Million Valuation

Igor, a Turkish startup offering banking and payment services, announced that it has received investments worth over $8.5 million. It was announced that the investments came from DOMINO Ventures, Aegean Ventures and Fikir Evi Araştırma Geliştirme ve Danışmanlık A.Ş. as well as individual investors.

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igor's $8.5 Million Investment

Igor, which claims that it continues its vision of working to build more than a bank, announced that they have received an investment of $ 8.5 million. Igor, a Turkish startup that stands out with its banking and payment infrastructure services, also shared its investors. According to the information obtained, investments came from strong companies such as DOMINO Ventures, Aegean Ventures and Fikir Evi Araştırma Geliştirme ve Danışmanlık A.Ş. On the other hand, it was reported that individual investors were also among these investments.

Although this investment move of gor attracted attention, there was no official statement on exactly how much investment it received. On the other hand, according to the information obtained, the main purpose of the company is to offer its users a platform where they can make payments around the clock with open banking features. However, it was stated that they aim to enable users to access all bank accounts on a single screen.

igor Co-Founder Kamil Güçlü stated that they aim to make financial processes more accessible and sustainable with igor. Güçlü stated that they aim to enable users to participate more actively in the financial world.

igor also announced that they have applied to the Turkish Grand National Assembly for an operating licence to be authorised as a Payment Institution under the Law on Payment Services and Electronic Money Institutions. The company states that they will start offering payment services after the licence processes are completed.