Treasy, a local fintech startup, announced it has raised $1.1 million in an investment round led by APY Ventures, with Tera Portfolio also participating. The funds will be used to expand globally and strengthen the company’s technological infrastructure.
Founded in December 2023, Treasy develops cloud-based treasury management solutions tailored to the evolving needs of banks and financial institutions. Its products focus on enhancing operational efficiency, reducing costs, and helping clients gain competitive advantages.
Treasy CEO Cemal Akbaba highlighted that the investment is not just financial, but also a form of strategic support.
“With the support of experienced investors such as APY Ventures and Tera Portfolio, we are getting closer to becoming a strong global player. We aim to represent our country internationally by building solutions that will drive the digital transformation of the financial sector.”
Mustafa Keçeli, Fund Manager at APY Ventures, emphasized that their decision to invest was based on Treasy’s strong tech infrastructure and visionary founders, adding:
“Treasy’s innovative technology has the potential for global success. We are excited to be part of this journey.”
Alper Öztürk, General Manager of Tera Portfolio, added that the investment reflects long-term confidence in Treasy’s potential:
“Treasy will bring high added value to customers by simplifying processes in the financial sector. We’re proud to be part of this transformation journey.”
Treasy’s modular, API-based microservices architecture allows it to operate in both cloud and on-premise environments, offering flexible, scalable, and easily integrated systems tailored to financial institutions.
