• The funding round was led by Speedinvest, one of Europe’s leading venture capital funds. With this investment in Mundi, Speedinvest has made its third investment in Turkey, following iyzico and Yolda.
• Founded by Göksenin Akdeniz and Ömer Paksoy, Mundi aims to transform the sector by making capital market products and investment opportunities, typically offered to holdings and large corporations, accessible to SMEs.
• With the $2.5 million funding round, Mundi plans to develop new products for commercial clients, expand its sales operations, and obtain a portfolio management license from the Capital Markets Board.
Speedinvest Makes Its Third Investment in Turkey
Speedinvest, one of Europe’s leading venture capital funds, has made its third investment in Turkey. After investing in iyzico in 2013 and Yolda afterward, Speedinvest, together with DeBa Ventures, has invested $2.5 million in the financial technology company Mundi. This investment round is not only a significant step for Mundi but also a remarkable development for Turkey’s fintech ecosystem.
Regulatory-Compliant Treasury Management for SMEs
Mundi is playing a transformative role in the Turkish fintech sector by opening capital market products and investment opportunities to SMEs. Currently, Mundi works with brokerage partners to enable companies to automatically manage their savings through overnight accounts, funds, and repos. This ensures that SMEs can use their funds in the most efficient way while staying compliant with regulations.
Offering a user-friendly and secure experience for account opening, investment, and cash management, Mundi allows users to evaluate their company balances daily and access long-term investment products based on their treasury needs.
Speedinvest Partner Stefan Klestil: “Our Return to Turkey Reflects Our Long-Term Commitment”
Expressing excitement about investing in the Turkish market again, Speedinvest Partner Stefan Klestil said:
“Mundi is making a difference in its industry by providing SMEs with easy access to capital markets. Under Göksenin and Ömer’s leadership, we believe Mundi will set new standards in financial services in the region. After successfully supporting Barbaros and iyzico in 2013, we are thrilled to continue building long-term ties with Turkey’s fintech ecosystem by co-investing in the next generation of Turkish entrepreneurs.”
DeBa Ventures Co-Founder Barbaros Özbuğutu: “A New Success Story Is Being Written”
As the co-founder of iyzico, DeBa Ventures Co-Founder Barbaros Özbuğutu shared his confidence in Mundi’s vision:
“Mundi’s focus on the SME segment and its approach to solving fundamental financial services challenges remind me a lot of iyzico’s journey. We know this space and its needs very well. I believe Mundi will develop solutions to ease SMEs’ access to capital markets. With Göksenin and Ömer leading the way, we will support them with our experience and network to help Mundi achieve its goals.”
Mundi Co-Founder Göksenin Akdeniz: “We Will Transform Capital Markets in the Commercial and SME Segments”
Highlighting the significant challenges SMEs in Turkey face in accessing financial services and benefiting from capital markets, Mundi Co-Founder Göksenin Akdeniz stated:
“At Mundi, we will continue to develop innovative products to help this segment manage its investments more efficiently. The steps we take to transform capital markets for commercial and SME segments will contribute to sustainable growth in Turkey. With our new products and strategic partnerships, we aim to reach a wider customer base. Having strong partners like Speedinvest and DeBa Ventures on board is a major step toward realizing this vision.”
Mundi Co-Founder Ömer Paksoy: “Our Goal Is to Contribute to Inclusive and Sustainable Growth”
Explaining Mundi’s core mission of facilitating SMEs’ access to financial services and integrating them into capital markets, Mundi Co-Founder Ömer Paksoy said:
“Our goal is to make it easier for SMEs to access financial services and integrate into capital markets. The innovative solutions we are developing not only support business growth but also contribute to more inclusive and sustainable expansion. Securing the backing of a global investor like Speedinvest is not only a significant milestone for Mundi but also a testament to the recognition of Turkey’s fintech potential on the international stage. With this investment, we believe we are laying the foundation for even greater achievements.”
Leading Figures in Finance and Technology Among Investors
Mundi’s latest investment round also included participation from existing investors such as Map Capital Partners’ partners Can and Murat Yücaoğlu, as well as Birol Yücel, Mikrogroup Chairman Göktekin Dinçerler, and Andaç Türkmen, the founding CTO of Paraşüt. Additionally, Mundi’s angel investors include prominent names from the banking and technology sectors, such as former CEOs of Yapı Kredi Bank and Garanti Bank—Burhan Karaçam, Ergun Özen, and Ali Fuat Erbil. Dilek Dayınlarlı, the founder of ScaleX Ventures, also joined the round as a new investor.
Speedinvest’s return to Turkey and its investment in Mundi are expected to facilitate SMEs’ access to financial services, contributing to regional growth and innovation. This move signals continued international interest in Turkey’s fintech ecosystem beyond just financial support.
About the Investors
Speedinvest
Speedinvest is a leading early-stage venture capital firm with over €1 billion in assets under management. With more than 40 investors operating from offices in Berlin, London, Munich, Paris, and Vienna, Speedinvest specializes in funding Europe’s most innovative technology startups. The firm provides founders with continuous support in growth, HR, market expansion, and more through in-house operational experts. Its portfolio includes companies such as Bitpanda, GoStudent, Wayflyer, Open, CoachHub, Schüttflix, TourRadar, Adverity, and TWAICE.
DeBa Ventures
Managed by iyzico co-founder Barbaros Özbuğutu, DeBa Ventures supports innovative technology companies. Its portfolio includes Silverflow, Payrails, Roamless, Kartera, Leasy, Figopara, FilmChain, Novus, Twm, and Crait.it.
About Mundi
Mundi is a financial technology company that provides innovative financial solutions for commercial enterprises and SMEs. With its cutting-edge digital infrastructure, Mundi makes capital markets more accessible, simplifying financial management processes for businesses and supporting their growth. By eliminating barriers to capital market access, Mundi enhances financial literacy and helps businesses develop more effective capital management strategies. With a mission to empower SMEs through strategic partnerships, Mundi is driving transformation in financial services.
