Türkiye-based financial technology company Onlayer has successfully closed its $8.2 million Series A funding round, gearing up for accelerated growth across the Middle East, Africa, and Asia Pacific. Onlayer consolidates revenue, compliance, and risk management for banks, payment institutions, and fintechs into a single unified platform — and the new investment will further strengthen its global expansion strategy.
The round was led by Oleka Capital, with participation from Deniz Ventures (Emirates NBD – DenizBank), Revo Capital, Türkiye Development Fund (INVEST101), Sandeep Gomes, as well as returning investors Vestel Ventures and the Gelecek Etki Fund, managed jointly by Tacirler Asset Management.
The First Licensed MMSP in Türkiye and Europe
Onlayer provides an end-to-end merchant management platform for banks, fintechs, and payment institutions — covering merchant acquisition, risk monitoring, PCI-DSS and AML compliance audits, fraud detection, and more.
With offices in London, Dubai, and Saudi Arabia, the Türkiye-founded company now operates across 12 countries. Recently, it became the first licensed Merchant Monitoring Service Provider (MMSP) accredited by a global card scheme in both Türkiye and Europe, marking a major milestone for the region’s fintech ecosystem.
Harputlu: “We Are Redefining Global Standards”
Onlayer Co-founder and CEO Kıvanç Harputlu commented on the investment:
“In Onlayer’s sixth year, we are proud to be a pioneering global player redefining industry standards worldwide — thanks to the dedication of our team, the trust of our customers and investors, and the maturity of Türkiye’s banking ecosystem.
This investment fuels our mission to become the world’s leading technology provider in this vertical.”
Investors: “A Future Regional Leader and International Player”
İlker Sözdinler, Managing Partner at Oleka Capital:
“Onlayer is fundamentally transforming how financial institutions manage their corporate customers. Leading this round as the first investment of our growth fund is an honor.
Onlayer’s success in Türkiye proves the product and team are ready for new markets. Our investment will strengthen their dominance and support expansion across MENA — we are backing a company poised to become a regional leader and a global player.”
Cenk Bayrakdar, Co-founder and Managing Director of Revo Capital:
“Onlayer turns compliance from a mere requirement into a value layer that accelerates financial growth.
With rising regulations, its scalable platform gives banks and payment institutions the power to manage risk more intelligently, more data-driven, and more efficiently.
It shows how a fintech infrastructure company born in Türkiye can play a strategic role in the global trust and compliance layer.”
Elif Emirli Altuğ, General Manager and Board Member of Türkiye Development Fund:
“We continue supporting technology-driven ventures that play a critical role in our country’s development.
We are pleased to contribute to Onlayer’s mission to make risk management processes smarter for banks and payment institutions.”
Selami Düz, Coordinator at Maxis Venture Capital Portfolio Management (Onlayer’s first institutional investor):
“As Onlayer’s first institutional investor, we have supported the company’s strategic growth since 2020.
With new strong investors joining this round, we believe Onlayer will move toward its global goals faster and more confidently. We will continue to stand by the team on this exciting journey.”
A Rising Global Fintech Power from Türkiye
Onlayer’s Series A round underscores the growing global influence of fintech infrastructure companies emerging from Türkiye. With ambitious expansion plans across MENA, Africa, and APAC, Onlayer is poised to set new global standards in risk, compliance, and corporate customer management.
