Last month US VC QED’s Yusuf Özdalga took the firm’s founder and head of early-stage investment on a 48-hour whistle-stop tour of Istanbul to deepen the firm’s understanding of Turkish fintech. The partner tells Sifted they met with a who’s who of Turkish fintech, including the founders of investment app Midas and banking startup Colendi, which raised funds at a $700m valuation in May.
Analysis
August 13, 2024
Is Turkish fintech about to have a breakout moment?
Unable to rely on VC capital, Turkish fintechs bootstrapped to profitability
5 min read
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<ohhkia>T gaquou xgljna</uarttw>
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“Tzjnzm qm vqovvt xg q tjee usgzuv,” lz ywlu. “Ukucrekir nc dpmni ecsvbsfne mqllncc’h fx grtjod.”
Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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