Business

Aquanow Turkiye received investment from Finberg and Oyak Portfolio

Aquanow Turkiye received investment from Finberg and Oyak Portfolio, which are among the important players of the investment ecosystem in our country.

Aquanow, a Canadian-based startup offering digital asset services, has received a new investment in Turkiye. According to the information we have obtained, Aquanow Turkiye received investment from Finberg and Oyak Portfolio, which are among the important players of the investment ecosystem in our country. No information was shared regarding the financial details of the investment.

The investment in question was made as part of a common vision to develop innovative solutions in financial technology and digital asset ecosystems, as a continuation of the technology investments made by Oyak Portfolio and Finberg through venture capital investment funds to date.

Founded in Canada in 2018, Aquanow offers innovative solutions regarding digital asset infrastructure and liquidity to more than 300 corporate companies from 50 countries. Aquanow’s services include financial services in the field of digital asset management, especially wallet management, money transfer and custody services.

Stating that they have been interested in the Turkish market for a long time, Aquanow CEO Phil Sham said that Turkiye is a very large and dynamic market. Sham stated that, with the support of visionary investors such as Oyak Portfolio and Finberg, they will work to expand digital asset infrastructure services and liquidity solutions among corporate companies in Turkiye and increase their innovative contribution to the financial technology ecosystem. He also shared that their presence here will serve as a bridge to open up to Eastern European and MENA markets.

Aquanow, which entered the Turkish market a while ago, aims to increase the number of customers in Turkiye and develop strategic collaborations with Oyak Portfolio and Fibabanka with this investment.

Source: Webrazzi / Prepared by Irem Yildiz

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