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Craftgate - "One-Stop Shop" Payment Orchestration Platform Receives Investment From Hepsiburada And D4 Ventures

Aug 23, 2023over 2 years ago
IstanbulPaymentsFintechFinancial Services

Investors

D4 VenturesD Market Electronic Services & Trading

Description

Craftgate Technology, a "One-Stop Shop" payment orchestration platform ("Craftgate" or the "Company"), announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.

Company Information

Company

Craftgate

Location

Istanbul, Istanbul, Turkey

About

Craftgate is a 'One-Stop Shop' payment orchestration where you can easily integrate and manage Virtual POS of all banks of your business as well as many other payment and e-money institutions, alternative and international payment methods from a single center. With Craftgate, you can quickly benefit from many value-added services. Thus you can focus on growing your core business while reducing costs. While taking advantage of the special solutions Craftgate offers to e-retail and marketplace merchants that receive payments over the internet and work simultaneously with many banks and payment institutions, you also benefit from all 360-degree services offered by all banks you work with directly (low virtual POS commission rate and the number of blocked days, various loyalty and installment campaigns, being a salary customer, getting a loan, etc.). Thus, you not only benefit from financial advantages while receiving your payments, but also have a secure, scalable and new technological infrastructure thanks to Craftgate, which has been developed by using the deep experience and practices gained in payment systems since 2007.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers