Fintech company Colendi raises $65 million at $700 million valuation
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.
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.
You may also like
Tutorial (TUT): The Meme Coin About AI-Powered Blockchain Education

21Shares to Liquidate Two Bitcoin and Ether Futures ETFs Amid Market Downturn

The Man Who Stabbed CEO of South Korean Crypto Firm Haru Invest Could Face Decade in Prison

Trending news
MoreCrypto prices
More








