Post by Nezih Sipahioglu

🔥 A Game-Changing Moment for Sipay! I’m beyond excited to announce that Sipay has successfully raised $78 million in our Series B funding round, reaching a valuation of over $875 million! 🚀 This marks another major milestone in our journey to reshape the future of digital payments.🎉 Led by Elephant VC, with additional investment from QuantumLight, the VC firm founded by Revolut CEO Nik Storonsky, this funding comes at a time of exceptional growth for Sipay. We have achieved a 5x year-over-year revenue increase, ending the year with a $600 million revenue run-rate, making Sipay Turkey’s most valuable and Europe’s fastest growing fintech. 🌏 Recognized by Deloitte as the fastest-growing fintech in Turkey in both 2023 and 2024, we continue to lead the market while maintaining profitability since 2023. This investment will fuel our expansion into new markets, the development of new partnerships, and the continued enhancement of our cutting-edge payment and embedded finance solutions. With 6.3 million wallet users and 25,000 registered merchants, we are just getting started! A heartfelt thank you to our investors for believing in our vision, our partners for their trust, and—most importantly—the incredible Sipay team for their relentless dedication. This is only the beginning, and I can’t wait to see what’s next! #Sipay #SeriesB #Fintech #Growth #Innovation #GlobalExpansion #Payments 🚀