Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Fintech company Colendi raises $65 million at $700 million valuation

Fintech company Colendi raises $65 million at $700 million valuation

CointimeCointime2024/05/22 14:07
By:Cointime

Turkish fintech startup Colendi has raised $65 million in new funding from investors, including Citigroup's venture capital division, at a valuation of $700 million. In addition to Citigroup's venture capital company (Citi Ventures), Migros Ticaret AS, Sepil Ventures, Re-Pie Asset Management, Finberg, and Hedef Holding also participated in the Series B financing. The Turkish banking regulator has approved Colendi's application to establish a digital bank in 2023. Tekmen stated that the oversubscribed Series B financing round provided the necessary funding to establish Colendi Bank.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SOL and Meme Coins Are Booming Again

Bitget Academy2025/05/15 05:16
SOL and Meme Coins Are Booming Again

Leading Crypto Presale: Nexchain’s Stage 11 Hits $1.5M with $NEX at $0.042

You can participate in the ongoing Nexchain's presale and gain exposure to one of the leading AI crypto projects before the major exchanges.

Coinomedia2025/05/15 04:55
Leading Crypto Presale: Nexchain’s Stage 11 Hits $1.5M with $NEX at $0.042

Ethereum’s “Trillion Dollar Security” Boosts Onchain Safety

Ethereum Foundation unveils "Trillion Dollar Security" to enhance wallet, UX, and smart contract security.A Step Toward Mass Adoption

Coinomedia2025/05/15 04:55
Ethereum’s “Trillion Dollar Security” Boosts Onchain Safety

Tokenized U.S. Equities: Breakthrough or Just Hype?

Are tokenized U.S. equities the future or just noise? Explore their roots, market trends, and regulatory roadblocks.Where It All Began: From STOs to Tokenized StocksRegulatory Hurdles and the Real-World GapSymbolic Progress, Real Potential

Coinomedia2025/05/15 04:55
Tokenized U.S. Equities: Breakthrough or Just Hype?