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Iyzico closes USD 15 mln to further expand its online payments solutions

Friday 7 April 2017 | 09:03 AM CET

Turkey-based fintech startup Iyzico has closed USD 15 million in a Series C round to fund Middle East and Europe expansion.

Iyzico targets online businesses and enterprises, particularly e-commerce sites, offering a developer-friendly platform for taking payments online.

Joining the round is UK-based VC Amadeus Capital Partners, investing USD 2 million, while the first closing of Iyzico’s Series C was led by Vostok Emerging Finance, with participation from previous investors, International Finance Corporation (the World Bank’s investing arm), and Turkey-based VC 212.

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