Embedded finance platform Minted Connect has secured a new investment round at a valuation of $10 million. The funding round was led by APY Ventures and included prominent investors, including Insha Ventures, ForInvest, Tmob, and Kayacan Ventures. The company plans to use the investment to expand its operations, particularly in Turkic Republics.
The successful funding round brings together some of Turkey’s strongest ecosystem players under the leadership of APY Ventures. Before this round, Colendi and Nadir Metal Refinery had joined as initial investors, sharing the company’s future vision. Minted Connect aims to utilize this investment not only to develop new products and services but also to implement growth and deep strategies in its operational regions, focusing on operational expansion in Turkic Republics.
“We aim to create a greater impact on an international scale,” said Engin Bütün, Co-founder of Minted Connect. “Our new partnerships in this round will provide significant momentum in Minted Connect’s innovation-focused growth journey. Through this strategic investment, we aim to deliver more innovative solutions in precious metals and other commodities while creating a greater impact on regional and international scales.”
Founded in 2021, Minted Connect is an innovative embedded finance platform connecting precious metals and other physical and digital commodities with financial and non-financial institutions. The platform offers its users and business partners services such as trading, custody, physical delivery, digital wallet integrations, and alternative investment products. This year, Minted Connect was recognized among Turkey’s top 5 most innovative fintech brands in the VISA Innovation Program Europe 2024, reinforcing the platform’s strong position in the industry, future potential, and success in global competition.
About Minted Connect
Minted Connect, established in 2021, is an innovative embedded finance platform that connects precious metals and other global assets with financial and non-financial institutions. The company provides its users and business partners with trading, custody, physical delivery services, digital wallet integrations, and alternative investment products. With licensed operations in the United Kingdom, Türkiye, and the United Arab Emirates, Minted Connect is leading in the industry. Having reached over 500,000 users through its B2C and B2B partners, Minted Connect continues to write global success stories and deliver sustainable value to its customers through its extensive investor network and innovative approach.
