Dgpays secures major international investment at $600M valuation from Truffle Capital and strategic investors to expand its global operations and develop new products and services.
Round Type
Series B
IstanbulSoftwareFinanceFintechInvestors
Description
Dgpays, a leading fintech startup in Türkiye, has concluded its second round of investment, securing major funding from Truffle Capital, one of Europe's largest fintech funds, and strategic investments from the world's largest payment services company and the European Bank for Reconstruction and Development. The funding has propelled Dgpays to more than double its company valuation in less than two years, surpassing the $600 million mark. Dgpays aims to use the investment to elevate its company valuation further, expand its operations abroad, and develop new products, platforms and services.
Quick answer
Dgpays raised an undisclosed amount in a Series B round, dated March 1, 2024. Investors: European Bank For Reconstruction And Development, World's Largest Payment Services Company and Truffle Capital. Dgpays is based in Istanbul, Istanbul, Turkey.
- How much did Dgpays raise?
- Dgpays raised an undisclosed amount in a Series B round on March 1, 2024.
- Who invested in Dgpays?
- European Bank For Reconstruction And Development, World's Largest Payment Services Company and Truffle Capital are named as investors in this round.
- What does Dgpays do?
- Dgpays is a leading financial infrastructure technology provider in the EMEA region, and Arcapita Group Holdings Limited is a global alternative investment firm.
- Where is Dgpays based and how big is it?
- Dgpays is based in Istanbul, Istanbul, Turkey.
- Who are the decision-makers at Dgpays?
- Fundz holds 1 contact at Dgpays. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Dgpays that raised within 45 days of this round, from Fundz verified event records.
- TaxDown raised $5.4M (Funding Round) on April 10, 2024.
- Torpago raised $5.2M on March 28, 2024.
- Napier AI raised $59M (Funding Round) on March 13, 2024.
- Napier AI raised $45M (Funding Round) on February 21, 2024.
- Architect raised $12M on February 14, 2024.
- Pennylane raised $40M (Funding Round) on February 8, 2024.
Who to call at Dgpays, and when
A new round usually means Dgpays is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dgpays raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dgpays, from your own LinkedIn network
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Funding Insights
What this usually meansDgpays raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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