Craftgate secures $1m investment to expand payment orchestration platform

By Delisha Fernandes

Craftgate Technology, a “One-Stop Shop” payment orchestration platform, has announced that the company has received $1 million investment from D-MARKET Electronic Services & Trading, a Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.

This investment is expected to enable Craftgate to embark on further growth and marketing opportunities.

Hakan Erdoğan, CEO Craftgate said, “We believe that Türkiye has an immense potential in fintech services with its young and tech-savvy population, entrepreneurial spirit and high financial inclusion. Since 2007, we have been working on payment systems with a passionate team, a successful product and a strong technological infrastructure.”

Erdoğan added, “We know very well the dynamics of the banking system and infrastructure providers and we provide solutions to the problems experienced in this great ecosystem with extensive R&D studies. We are growing rapidly day by day with the strength of our investors, such as Hepsiburada and D4 Ventures, who believe in our payment systems experience and product, and we move forward with the goal of becoming global. I think this partnership with our new investors will further reinforce our strength.”

Based in İstanbul, Türkiye, Craftgate helps e-commerce companies to easily integrate and manage the virtual POS of all banks, many other payment and e-money institutions, alternative and international payment methods, all from a single platform.

Craftgate’s solutions include virtual POS payment and e-money integration, smart and dynamic payment routing, card storage, one-click payment, recurring payments, closed loop wallet, and payment by link and QR codes, among others.