QuantumLight

Sipay Seri B Yatırım Turu: $78 Milyon Yeni Başlangıçlara Açılan Bir Kapı! 🚀 Sipay olarak, $78 milyon Seri B yatırım turumuzu tamamlamış olmanın heyecanını ve gururunu yaşıyoruz! Bu turla birlikte şirketimizin değerlemesi $875 milyonun üzerine çıktı ve bizi Türkiye’nin en değerli fintech şirketi konumuna taşıdı. Yatırım turuna Elephant liderlik etti, ve Revolut CEO’su Nik Storonsky’nin kurucusu olduğu QuantumLight da bu heyecan verici yolculukta bize katıldı. Bu başarı, yalnızca bir yatırım değil; büyümemizin, vizyonumuzun ve küresel etkimizi artırma kararlılığımızın bir yansıması. Son bir yılda: ✅ İşlem hacmimizi $7,4 milyar seviyesine taşıdık ✅ 5 kat büyüme elde ettik ✅ 6,3 milyon cüzdan kullanıcısı ve 25.000 üye iş yeri ile güçlü bir ekosistem oluşturduk Bu yeni kaynakla birlikte, uluslararası büyümemizi hızlandıracak, teknolojimizi daha da ileriye taşıyacak ve gömülü finans çözümlerimizi küresel ölçekte ölçekleyeceğiz. Bu yolculukta yanımızda olan tüm yatırımcılarımıza, iş ortaklarımıza ve Sipay ekibine sonsuz teşekkürler. Gelecek şimdi başlıyor. 🚀 #Sipay #SeriesB #Fintech #Yatırım #Büyüme #İnovasyon #GömülüFinans #ÖdemeTeknolojileri --- Sipay Raises $78M in Series B Funding — A New Chapter Begins!🚀 We are thrilled to announce the successful close of our $78 million Series B funding round, bringing our valuation to over $875 million — officially making Sipay the most valuable fintech in Turkey. The round was led by Elephant, with participation from QuantumLight, the VC firm founded by Revolut CEO Nik Storonsky This investment is more than capital — it’s a strong validation of our growth, our vision, and our commitment to scaling impact globally. Over the past year: ✅ We reached $7.4 billion in transaction volume ✅ Achieved 5x year-over-year growth ✅ Built a thriving ecosystem with 6.3 million wallet users and 25,000 merchants With this momentum and support, we will accelerate our international expansion, advance our embedded finance technologies, and continue building the financial infrastructure of the future. Thank you to our investors, partners, and the entire Sipay team for making this possible. This is just the beginning. 🚀

🚨 ⚡  Breaking: I’m proud to share that Mesh has raised $82 million in Series B funding to build the first truly global #crypto #payments #network – one that makes crypto as easy, seamless, and universal to use as fiat. Most of the investments were closed with PayPal USD (#PYUSD) stablecoin. This round, led by Paradigm (Charlie Noyes & Matt Huang) with participation from Consensys, QuantumLight (Ilya Kondrashov & Nik Storonsky), Yolo Investments, Evolution VC, Hike Ventures, Opportuna and AltaIR Capital, and brings our total funding to over $120 million. (Read more in comments) Regulatory clarity is taking shape, institutions are leaning in, and #stablecoins are booming. The industry has gotten everything it could have asked for – and then some. Crypto finally has its shot at mainstream adoption. The industry is ready, the technology is ready and we believe #Payments are the unlock. 💡 What is Mesh and How it solves the crypto payments challenges? Mesh is building the #network that connects #wallets, #exchanges, Payment Service Providers (PSPs), and businesses as one cohesive operating system. Users can pay with any asset they hold – BTC, ETH, SOL – while merchants settle in the #stablecoin of their choice: PYUSD, RLUSD, USDC. It’s seamless, instant, and works everywhere. Just like it should. It’s the foundational infrastructure for a #borderless, open financial system. A system where payments aren’t confined by geography, banking hours, or asset types. One network that works across #TradFi and #crypto. Our technology already powers payments, deposits, and transfers across 300+ wallets, exchanges, and platforms. We reach over 400 million users in 100+ countries. With this capital, we’re expanding globally to making crypto payments as easy as using a credit card. Thank you to everyone on the Mesh team and all of our investors and advisors for their brilliance, hard work, and inspiration. This milestone would not have been possible without their continued support and trust in our vision. We look forward to entering this next phase of growth together. Special thanks to Anil Arora, Mahsa Vazin, PhD , Money Forward, Inc., PayPal Ventures (James Loftus, Amman Bhasin and Ashish Aggarwal), Galaxy (Mike Giampapa), Kevin Patrick Mahaffey, Gokul Rajaram, Streamlined, John S. Kim, Samsung Next, Ezio Mantegazza, Tommaso Conca, Motivate Venture Capital, Abbas F. ("Eddy") Zuaiter, Nik Milanović, Steve McLaughlin, Amir Kabir 🤓, ChenLi Wang, Cindy X Bi, Arash Ferdowsi, Florida Funders and all of our existing investors and advisors for their unwavering support. And we are hiring! DM me to build the future together. #Crypto #Payments #Stablecoins #Fundraise #Mesh

💥Join hundreds of investors from firms like a16z, Accel, Index, Insight, Lightspeed, Signalfire, and more for an exclusive deep dive into data-driven innovation and AI in Venture Capital From early to late stage investing, from micro VC firms to large asset aggregators, from compliant use of AI tools, to the importance of product and culture, to best practices across hiring and growing tech teams. We got you covered. 📣You'll be hearing from the best in our industry 3 days - 30 speakers - all virtual (live + recordings available) Monday 10th March 📌Compliant use of AI tools for investment firms 📌Building a hyper-automated micro VC 📌Data Hub: The quest for a single source of truth 📌Building a personalized VC copilot 📌Hiring and growing tech teams in investment firms 📌How data driven can VC be? 📌Beyond intuition: How LPs leverage data & AI to invest in GPs Tuesday 11th March 📌The role of product in VC 📌AI, tools & tech for finance teams 📌The future of portfolio intelligence 📌How to make investors use data & AI products 📌Networking 2.0: Unlock the full potential of your connections 📌Automating workflows across the VC value chain Wednesday 12th March aka “Insights” day 📌Success Factors of Seed Startups 📌Next-gen GTM insights 📌Learnings from 50k cap tables: Equity, options & more 📌Should Seed investors follow on? 📌The psychology of tech startups ⏰ Only 18 days left Don’t miss your chance to claim one of the last tickets at 20% discount and join hundreds of investors from all over the world in less than 3 weeks at our Virtual DDVC Summit 2025 summit.datadrivenvc.io

𝑯𝒐𝒘 𝒐𝒏𝒆 𝒐𝒇 𝑬𝒖𝒓𝒐𝒑𝒆’𝒔 𝒎𝒐𝒔𝒕 𝒄𝒐𝒏𝒕𝒓𝒂𝒓𝒊𝒂𝒏 𝒇𝒐𝒖𝒏𝒅𝒆𝒓𝒔 𝒃𝒖𝒊𝒍𝒕 𝒉𝒊𝒔 𝒄𝒐𝒎𝒑𝒂𝒏𝒚 𝒇𝒓𝒐𝒎 𝒂 𝒔𝒊𝒎𝒑𝒍𝒆 𝒇𝒐𝒓𝒆𝒊𝒈𝒏 𝒆𝒙𝒄𝒉𝒂𝒏𝒈𝒆 𝒂𝒑𝒑 𝒕𝒐 𝒂 𝒇𝒊𝒏𝒕𝒆𝒄𝒉 𝒑𝒐𝒘𝒆𝒓𝒉𝒐𝒖𝒔𝒆 𝒕𝒉𝒂𝒕 𝒋𝒖𝒔𝒕 𝒂𝒄𝒒𝒖𝒊𝒓𝒆𝒅 𝒊𝒕𝒔 50 𝒎𝒊𝒍𝒍𝒊𝒐𝒏𝒕𝒉 𝒄𝒖𝒔𝒕𝒐𝒎𝒆𝒓… I first met Nik Storonsky in 2015 when he was pitching the company at a Seedcamp demo day. At the time I was doing my banking with HSBC and things were so bad that I had to book a 20-minute slot on my calendar just to make an international transfer. I downloaded Revolut and realized I could do those transfers in 20 seconds… for free. Flash forward to today, and Revolut exceeded $2.2 billion in revenue and more than half a billion in net income last year. It’s also the most downloaded financial app across 20 countries. I got to sit down with Nik at Slush earlier this week. A few highlights from our conversation: His long-term goal is to be the number one global bank in 100 countries with 100 million daily active customers and 100 billion in revenue a year. Still, Nik only makes detailed plans for Revolut about a quarter to a year into the future. Any time he’s tried to plan longer-term, something changes and it doesn’t work out. 10 years in, he’s never moved out of founder mode. He believes that as soon as you start to transition management off your plate, “it’s the beginning of the end for the company”. And the way he sees it, the majority of professional managers are not focused enough on details. When Revolut scaled beyond 100 employees, Nik hired a team of experienced executives. All of them failed. He ended up hiring his own team of eight smart, young people instead who had a hunger and desire to build things and assigned one or two of them to each problem he was facing. He then rebuilt his exec team from scratch to get to his current 40 direct reports he fully trusts. He’s also started applying his data-driven approach to venture capital: In 2022, Nik launched QuantumLight with Ilya Kondrashov, a venture fund that invests in the Series B of startups based on their models rather than human judgment. So far, the fund has made over 12 investments based on startup data since the 1990s across about 300 features. Earlier this year, Nik and QuantumLight started open sourcing his playbooks from Revolut. The first one is about managing performance and in my opinion it’s a must-read for founders. I’ll share the Linkedin post I wrote about it below. Nik, it’s been fascinating to see you execute up-close for the past decade. And as a customer of a US bank I won't name, I can tell you that Revolut is much-needed here as you make your way to 100 countries! 

❤️ When your customers love you so much they become investors. Today we’re confirming that Robin AI raised $25 million earlier this year, outside of a fundraising cycle — led by a group of its customers and existing investors. Investors include PayPal Ventures, AFG Partners and University of Cambridge Investment Management. We're seizing momentum generated by our new Robin Reports product, a first-of-its-kind legal AI product which summarizes thousands of legal documents at once and recommends actions for users based on that analysis. Reports has business-critical use cases including incident response (e.g. data breaches) and M&A due diligence. CEO Richard Robinson says: “Robin is positioned to scoop up what law firms are leaving on the table by failing to innovate and pass on AI benefits to clients."   “Our partnerships with Anthropic and Amazon Web Services (AWS) are paying off in the market. We’ve got 13 companies from the Fortune 500 as customers, it’s a great sign that these premium customers also want to invest.” #CustomerInvestors #LegalAIInnovation #AILegalTech #TechFinancing #FutureOfLaw