Turkish Fintech iWallet Receives Investment

iWallet is a digital reward wallet preferred by Turkey's big companies to deliver fringe benefits to their personnel. iWallet continues to grow rapidly with the investments it has reached by both United Payment and Hayhay. iWallet collects financial aids and performance-based awards given to the personnel of large companies and companies in a single wallet. And it provides the staff with the opportunity to choose quality brands.

iWallet was founded in 2008 by Harun Soylu, who is an expert in payment systems. The company has now received investment from United Odeme and Hayhay. United Payments ranks as the largest shareholder of the iWallet startup. United Payment also has the title of being Turkey's first electronic money company, and the company is known for its innovative solutions, especially in the field of fintech.

Also see: Turkish Health Startup Albert Health Receives $1 Million Investment

Hayhay, on the other hand, serves as a digital wallet and offers its users many different conveniences from money transfers to opportunities that save money, from paying bills in installments to providing convenience in returns. As the largest shareholder, United Odds and Hayhay think that iWallet fills an important gap in the market and in the market. And they began to create the necessary roadmaps for the iWallet growth program.

iWallet was established as a digital wallet by integrating finance and technology. In a short time, thanks to its innovative technology, it was able to offer solutions that create value effectively for both personnel and institutions. iWallet also attracted attention with its rapid growth and high potential. And it has started to be preferred by large companies in Turkey, in order to bring the fringe benefits together with the personnel. The application currently provides more than 20 thousand spending points in 81 cities and a total of more than 500 thousand products on online sites. The application, which aims to earn employees as they spend, makes a difference compared to its competitors with these features. In addition to flexible fringe benefits, iWallet is also used for personnel premiums and awards of private companies, and for social assistance institutions to reach people in need.