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Announced

Completed

EBRD and Goldman Sachs completed the investment in DgPays.

Synopsis

The European Bank for Reconstruction and Development, an international financial institution, and Goldman Sachs, a global investment bank, completed the investment in DgPays, a Turkish fintech company. Financial terms were not disclosed. “With its tech-savvy young population and talented finance and technology human capital, Turkey is a market that will deliver growth in the fintech space. Payment systems and consumer banking have always been an advanced market where the latest technologies have been available to consumers. We believe that DgPays’ tech infrastructure and sectoral expertise will play a critical role in the continued growth and development of this market and its constituents," Max Klimov, GoldmanSachs Partner.

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