About Craftgate
Craftgate is a company based in Istanbul (Turkey) founded in 2020.. Craftgate has raised $2 million across 1 funding round from investors including Hepsiburada, APY Ventures and D4 Ventures. Craftgate offers products and services including Craftgate Payment Gateway, Smart and Dynamic Payment Routing, and Tokenization. Craftgate operates in a competitive market with competitors including Flutterwave, PayU, Iyzi Payments, CyberSource and Wirecard, among others.
- Headquarter Istanbul, Turkey
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Craftgate Teknoloji A.Ş.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Aug 23, 2023
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Investors
Hepsiburada
& 2 more
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Employee Count
Employee Count
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Products & Services of Craftgate
Craftgate offers a comprehensive portfolio of products and services, including Craftgate Payment Gateway, Smart and Dynamic Payment Routing, and Tokenization. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gateway for integrating and managing online payment methods securely.
System to optimize payment routes and minimize transaction costs effectively.
Service for securely storing card information to enable one-click payments.
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Funding Insights of Craftgate
Craftgate has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(23 Aug 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Craftgate | Valuation | APY Ventures , Hepsiburada |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Craftgate
Craftgate has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Hepsiburada, APY Ventures and D4 Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Multi-category products are sold via an online marketplace platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Craftgate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Craftgate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Craftgate Comparisons
Competitors of Craftgate
Craftgate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Iyzi Payments, CyberSource and Wirecard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment solutions are provided for e-commerce firms and individuals.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Provides payment processing, customizable stores, and marketplace for digital goods.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Craftgate
Frequently Asked Questions about Craftgate
When was Craftgate founded?
Craftgate was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Craftgate located?
Craftgate is headquartered in Istanbul, Turkey.
Is Craftgate a funded company?
Craftgate is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Aug 23, 2023.
What does Craftgate do?
Craftgate was established in 2020 in Istanbul, Turkey. A cloud-based platform is employed to deliver payment processing services in the fintech sector. Core offerings include payment gateways, payment links, and QR code solutions designed for business transactions. Operations are centered on enabling secure digital payments, with a primary focus on the Turkish market while supporting broader regional needs.
Who are the top competitors of Craftgate?
Craftgate's top competitors include PayU, Flutterwave and Iyzi Payments.
What products or services does Craftgate offer?
Craftgate offers Craftgate Payment Gateway, Smart and Dynamic Payment Routing, and Tokenization.
Who are Craftgate's investors?
Craftgate has 3 investors. Key investors include Hepsiburada, APY Ventures, and D4 Ventures.