Turkish FinTech Mundi lands $2.5m funding to enhance SME treasury management
Summary
Mundi, a Turkish FinTech firm focused on providing treasury management solutions for SMEs, has secured a $2.5m investment to expand its product offerings and market reach.The funding round saw participation from European venture capital firm Speedinvest and DeBa Ventures.Mundi aims to bridge the financial gap for SMEs by offering treasury services traditionally reserved for large corporations. Its platform helps businesses manage their savings through overnight accounts, funds, and alternative investment products while ensuring regulatory compliance. The company also provides seamless account opening, investment, and cash management solutions, enabling businesses to optimise their capital more effectively.The newly secured funding will support the development of additional treasury management products and strengthen Mundis sales operations. As part of its growth strategy, the company has applied to the Capital Markets Board of T\xfcrkiye for a portfolio management license. If approved, this license will allow Mundi to introduce a range of investment products designed to streamline financial management for SMEs.Existing investors in the round include Can and Murat Y\xfccaolu and Birol Y\xfccel of Map Capital Partners, as well as G\xf6ktekin Din\xe7erler, chairman of Mikrogroup, and Anda\xe7 T\xfcrkmen, founding CTO of Para\xfct.