Turkey
UPT Ödeme Hizmetleri ve Elektronik Para A.Ş., known for its slogan "Ucuz yolla, para yolla!", has established itself as Turkey's pioneering brand in the local and global money transfer sector since its founding in 2010. As an innovative subsidiary of Aktif Bank, the country's largest investment bank, UPT offers a comprehensive financial service focusing on affordability and speed in transactions.
With a presence in 222 countries and over 400,000 service points, UPT has quickly expanded its operations across 5 continents within just two years. The company's infrastructure supports instant money transfers in TL, USD, and EUR, setting it apart from competitors through its customer-centric service system. Notably, UPT transacts domestically to names, bank accounts, or cards, and internationally to accounts or contracted service points.
While it has yet to disclose any recent investments, UPT's growth trajectory and robust platform signal potential opportunities for stakeholders in the financial technology sector, particularly those interested in leveraging Turkey's burgeoning fintech market.