Izyi Payments, a payment platform solution startup in the Turkish market, announced a new Series A investment of $1.4 million, reported Finextra. The payments firm revealed it would use the funding to support expansion in Turkey.
Izyi Payments stated in 2012 and introduced its first product, iyzico, in April 2013.
“Integrating and handling payments is a challenge for online merchants all over the world, and there is no difference in Turkey. Our goal is to simplify handling payments for merchants, and to offer a “fast and easy” way to integrate payment methods with the check-out process while always remaining PCI-DSS compliant,” said iyzi Payments CEO, Barbaros Özbugutu.
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