Istanbul, Turkey-based startup Sopsy that enables small e-commerce businesses to develop their platforms earlier this week announced that the company has raised TRY 2 million (around $291K) from the investment arm of Teknasyon, an Instanbul-based software development company.
The 7-year-old company has previously raised funds across different rounds from a number of regional angel investors including Hasan Aslanoba, Alper Akcan, Emrah Kurtulmuş, Tunç Yalgın, and Cemal Dalar.
Affirming his confidence in Sopsy, Burak Sağlık, co-founder of Teknasyon in a statement said that Sopsy’s business model and potential is of their interest. He further added that Teknasyon will be adding more fintech startups in Turkey, especially the ones working in the open-banking domain.
Commenting on the investment round, Can Turanlı, co-founder of Sopsy said that the fresh funds will be deployed towards global expansion of the company.