OlduBil, founded in 2019, is a dynamic financial technology platform operated by the Limak Şirketler Grubu in Turkey. The company offers a wide array of digital services through its mobile application, enabling users to send and receive money 24/7, make secure online and in-store payments, and manage bill payments with ease, even without a traditional bank account.
The platform distinguishes itself with its seamless user experience, allowing users to register within a minute using just their name and phone number. With a Mastercard-licensed virtual card, OlduBil provides enhanced security for the increasing trend in online shopping, accentuated by the pandemic.
Users benefit from 24/7 fund load capabilities and can enjoy cashbacks at partnered merchants. Additionally, clients can request contactless physical cards for transactions, consolidating OlduBil's commitment to flexible financial solutions.
Recently securing a $200,000 seed investment from MARS Partners, OlduBil is strategically positioned for growth with plans to expand its installment payment services beyond Limak Enerji bills to a broader range of utilities.