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Turkish Fintech Colendi Raises Funds at $700 Million Valuation

Turkish Fintech Colendi Raises Funds at $700 Million Valuation
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City Of , United Kingdom , Colendi Yapay Zeka , Bulent Tekmen , Buyuk Veri Teknoloji Hizmetleri , Citigroup Inc , Hedef Holding , Colendi Bank , Citi Ventures , Migros Ticaret , Sepil Ventures , Re Pie Asset Management ,

Embedded Fintech Services Platform Colendi Acquires London-Based Enterprise Blockchain Company SETL - Partnership Aims To Create A New Public Blockchain Infrastructure That Will Be Used To Host Native Tokens And Smart Contracts For Colendi's Current 10+ Million Users

<p><span>Colendi, the fastest growing embedded fintech services platform in Turkey and surrounding regions, announces its acquisition of London-based blockchain settlements and payments provider SETL.&nbsp;Launched in 2015, SETL is one of the world s leading enterprises blockchain companies known for its high-profile work with selected Central Banks and T1 Financial Institutions. In December SETL announced a collaboration with SWIFT in an interoperability Proof of Concept and tested its 1m TPS blockchain to service a Regulated Liability Network (RLN) with AWS.</span></p> ....

City Of , United Kingdom , Anthony Culligan , David Walker , Ian Hannam , Bulent Tekmen , Liability Network , Central Banks , Regulated Liability Network , Market Infra , Asset Management , With Colendi , All Regions , Ettlement Clearing , Trading Systems ,