Craftgate Raises $1M in Funding
Summary
Craftgate, an Istanbul, Turkey-based provider of an”One-Stop Shop” payment orchestration platform, raised $1M in funding. The round was led by D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a Turkish e-commerce platform, and D4 Ventures. The company intends to use the funds for further growth. Led by CEO Hakan Erdoğan, Craftgate is a fintech company that operates a payment orchestration platform where business partners can integrate and manage Virtual POS of banks of they are working with as well as many other payment and e-money institutions, alternative and international payment methods from a single center. 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.