A consortium of investors led a $200m funding round in Param.

A consortium of investors, including CEECAT Capital, the European Bank for Reconstruction and Development, Alpha Private Equity, and Revo Capital led a $200m funding round in Param, a fintech company. “We are delighted to support Emin and Param group in accelerating the deployment of innovative solutions in payments and Fintech. The digital transition is among the top priorities for EBRD and we are very proud to help companies like Param Group to reach their full potential and offer high-quality services to clients. We believe that, with the power of technology, businesses can promote inclusion, integration, and resilience. We are confident that EBRD funding, know-how, and local presence will help Param Group achieve its strategic goals and further expansion both in Turkey and the wider region,” Ilker Yoney, EBRD Co-Head of Private Equity.