Startups

Focusing on service banking, Rackle received a seed investment of €500 thousand

According to the information shared by Rackle, the startup received a total investment of €500 thousand in the seed investment round. Rackle’s investment of €500 thousand came from Arz Portfolio and Deniz Turkkan.

Rackle, which is a UK-based venture founded by the founders of Kobakus, announced that it has completed its seed investment round.

According to the information shared by Rackle, the startup received a total investment of €500 thousand in the seed investment round. Rackle’s investment of €500 thousand came from Arz Portfolio and Deniz Turkkan. Let us also remind you that Arz Portfolio invested in Kobakus before. With the investment it has received, Rackle aims to offer its customers a new-generation banking service in a short time.

Focusing on providing many companies with their own banking solution within a few weeks without the need for any license, Rackle has plug-and-play solutions that can be used by companies that want to provide banking services at home or abroad.

In December 2021, we told you that Rackle was collaborating with Solarisbank in Europe. Preferring Solarisbank for Europe, Rackle works with QNB Finansbank in Turkiye. Thanks to the technology developed on top of the service banking APIs obtained from Rackle, Solarisbank and QNB, it offers companies ready-to-use new banking applications.

Rackle co-founder Dogukan Gozeten stated that Rackle brings together the marketing, technology and risk units, which are the components of the banking ecosystem, and that companies that want to take service from Rackle and offer their own banking application to their customers can provide banking services to their customers without the need for any technology development.

Source: Webrazzi / Prepared by Irem Yildiz

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