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Based in Istanbul, Turkey, Craftgate is a B2B SaaS payment orchestration platform that integrates virtual point-of-sale systems from all banks and e-money institutions through a single interface. The company provides centralized payment gateway solutions for e-commerce platforms, digital marketplaces, and online merchants to optimize their transaction processing capabilities. In terms of scale, the platform processed over 1 billion euros in transaction volume in 2023 and reached 1.189 billion euros in the first half of 2024 alone. With year-end projections exceeding 3 billion euros, the firm is supported by $3 million in total venture funding across two investment rounds. The enterprise recently established its Craftgate Europe subsidiary to launch operations in Spain, initiating broader international expansion across Europe and Latin America. Craftgate was founded in 2020 by Hakan Erdoğan, Lemi Orhan Ergin, Murathan Özcan, and Sabri Onur Tüzün.
Craftgate has raised $1.0M across 1 funding round.
Craftgate has raised $1.0M in total across 1 funding round.
Craftgate has raised $1.0M in total across 1 funding round.
Craftgate's investors include D4 Ventures.
Craftgate has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2023 | $1M Seed | — | D4 Ventures | Announced |
Craftgate is a payment orchestration platform that enables businesses to manage online payments through a single integration, accessing domestic and international payment service providers (PSPs), virtual POS systems, banks, e-money institutions, and alternative methods.[1][2][3] It serves e-commerce businesses and online merchants by solving fragmented payment integrations, reducing costs via smart routing, and boosting revenue with features like payment retries, card storage for one-click/recurring payments, closed-loop wallets, QR code payments, and an advanced merchant dashboard.[1][2] Growth momentum includes $1 million in funding from Hepsiburada and D4 Ventures in August 2023, saving clients 776.2 million ₺ in payment costs in the first 9 months of 2025, PCI DSS Level 1 and ISO 27001 certifications, and 24/7 support backed by 17+ years of expertise.[2][5]
Craftgate emerged from years of experience in Turkey's payment systems, where founders identified pain points in the fragmented banking and infrastructure ecosystem through R&D.[5] Co-founded by Hakan Erdoğan (CEO) and Lemi Orhan Ergin (Chief Software Crafter), the company leverages deep fintech knowledge to build a "one-stop shop" platform, emphasizing ethical software craftsmanship, agility, and open-source contributions.[4][5] Early traction built on integrating Virtual POS from all banks and PSPs; pivotal moments include securing $1 million investment from Hepsiburada and D4 Ventures in August 2023, participation in Slush 2024, and rapid feature expansion like Autopilot and international payments.[5]
Craftgate rides the payment orchestration trend in fintech, consolidating fragmented providers amid rising e-commerce globalization and demand for seamless, cost-efficient online payments.[1][2][3] Timing aligns with Turkey's maturing digital payments ecosystem and international growth needs, fueled by market forces like PSP proliferation, outage vulnerabilities, and cross-border e-commerce boom.[5] It influences the ecosystem by empowering startups and merchants—especially in emerging markets—to compete globally without heavy integration costs, fostering innovation via open-source tools and reducing reliance on single providers.[4]
Craftgate's trajectory points to accelerated international scaling, building on 2023 funding and 2025 cost-saving milestones, with expansions into more global PSPs and AI-driven routing.[2][5] Trends like real-time payments, embedded finance, and regulatory pushes for secure orchestration (e.g., PSD3 in Europe) will shape its path, potentially amplifying influence through partnerships and acquisitions.[2] As a Turkey-rooted player, it could redefine "one-stop shop" efficiency for emerging-market fintech, tying back to its core mission of simplifying payments to let businesses focus on growth.[2][5]
