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TURAN provides an app for money transfers to banks in Turkey and several neighboring countries.
Founded in 2022 and based in Turkey, TURAN is a fintech company founded by CEO Özgür Bayraktar. Its Android and iOS app lets Turkish users transfer money to banks in Turkey, Azerbaijan, Uzbekistan, Kyrgyzstan, and Kazakhstan, and supports bill payments, transaction history, and health insurance transactions. In March 2023, the company raised USD 1 million in seed funding from APY Ventures, Caucasus Ventures, KT Portföy, Neo Portföy, and Tera Portföy Yönetimi A.S., with participation from Birlesik Ödeme and RE-PIE Ventures. The funding was intended to support expansion, particularly in Azerbaijan and Uzbekistan.
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