Colendi, a Turkish fintech company, has secured a $65M Series B round and has a valuation of $700M. The funding round was led by Citi Ventures, with several other investors participating. The company aims to expand its services to populous emerging markets and become a major digital banking entity in Europe, the Middle East, and Africa (EMEA), and the Gulf Cooperation Council (GCC).

Hedef Holding

Finberg

Re Pie Asset Management

Sepil Ventures

Migros Ticaret As

Citi Ventures

Colendi is a Turkish fintech company founded by Bulent Tekmen. It offers services such as fraud protection, ‘financial passports’ and credit scoring without retaining users’ personal data.

https://www.colendi.com/

Financial Services

Turkey

Colendi

Colendi raised $65M in a Series B round led by Citi Ventures to expand its digital banking services in Turkey and populous emerging markets.

Colendi raised $65M in a Series B round led by Citi Ventures to expand its digital banking services in Turkey and populous emerging markets.

Colendi raised $65M in a Series B round led by Citi Ventures to expand its digital banking services in Turkey and populous emerging markets.

Company Info