ininal

digital cards

STATUS: Acquired/Merged
FOUNDING YEAR: 2012
LOCATION: Turkey
Last Update: 10/07/2020

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About

Ininal “The Bank for the Unbanked”, providing financial products to unbanked customers by leveraging technology and physical retail network.Ininal offers re loadable prepaid cash cards for shopping with distribution and merchant partners in Turkey.

MEDICI Analysis

Ininal “The Bank for the Unbanked”, providing financial products to unbanked customers by leveraging technology and physical retail network.Ininal offers re loadable prepaid cash cards for shopping with distribution and merchant partners in Turkey.

Focus

PRODUCTS & SERVICES

Ininal Cards, mPOS device

REVENUE MODEL

Company earns revenue by charging sale fee is 5TL & monthly fee is 1TL

MAIN CLIENTS

Samsung

Joygame

Joker

Jet Gift

Tween

E-Ptt Avm etc.

EXISTING PARTNERSHIPS

E-Kart

MasterCard

Provus

ING Bank

Traction

TRANSACTIONS VALUE:

100 M

People

FOUNDERS

Bulent Tekmen

Mete Bayrak

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Aslanoba Capital

Dr. E. Bora Uygun

Momentum

FUNDED

YES

TOTAL FUNDING

$1.03 M

DATE OF LAST FUNDING

Sep 2015

SEED & PRIOR FUNDING

$200 K

SEED CLOSED ON

May 2015

FUNDING SERIES

SERIES A  · $0.00  · ---

SERIES B  · $825 K  · Sep 2015

LISTED

NO

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2012

LOCATION:

Turkey

Views:

44 VISITORS | 55 VIEWS
LATEST FUNDING ROUND

$1.03 M

TOTAL EMPLOYEES
11-50

About

Ininal “The Bank for the Unbanked”, providing financial products to unbanked customers by leveraging technology and physical retail network.Ininal offers re loadable prepaid cash cards for shopping with distribution and merchant partners in Turkey.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Ininal “The Bank for the Unbanked”, providing financial products to unbanked customers by leveraging technology and physical retail network.Ininal offers re loadable prepaid cash cards for shopping with distribution and merchant partners in Turkey.

Focus+
Momentum+
Traction+
People+
Other+

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ininal

About

Ininal “The Bank for the Unbanked”, providing financial products to unbanked customers by leveraging technology and physical retail network.Ininal offers re loadable prepaid cash cards for shopping with distribution and merchant partners in Turkey.

Focus

PRODUCTS & SERVICES

pre-paid card, online banking, mobile wallet, API

REVENUE MODEL

Company earns revenue by charging sale fee is 5TL & monthly fee is 1TL

People

FOUNDERS

Bulent Tekmen

Mete Bayrak

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

FOUNDER: Bulent Tekmen

FOUNDER: Mete Bayrak

INVESTORS:

Aslanoba Capital

Aslanoba Capital

Aslanoba Capital

Aslanoba Capital

Aslanoba Capital

Dr. E. Bora Uygun

Dr. E. Bora Uygun

Dr. E. Bora Uygun

Dr. E. Bora Uygun

Momentum

FUNDED

YES

LISTED

NO