# Sipay funding: rounds and investors > Sipay has raised $93M across 2 rounds since 2024. Investors include Elephant, Anfa and Pareto Holdings. Every round with its source. Source: https://millionrounds.com/company/sipay (Millionrounds; every figure on the page links to its filing or article) Türkiye · [Series B startup](https://millionrounds.com/companies) # Who invested in *Sipay* 2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Financial Services Fintech Hardware & Electronics Follow Sipay and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fsipay) Funding summary Updated 31 Oct 2026 **$93M** raised across 2 rounds since 2024, from 4 sources **$15M** Series A **$78M** Series B - **Latest round:** Series B, $78M Apr 2025 - **Led by:** Elephant - **Step-up i:** 5.2× - **Investors:** 5 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2025 **$15M** Series A **$78M** Series B - **First round:** Series A, $15M - **Biggest round:** $78M - **Between rounds:** 11 months ## The rounds - **Apr 2025** Series B **$78M** *4 new* [Elephant](https://millionrounds.com/fund/elephant) Lead [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) [Edward Lando](https://millionrounds.com/fund/edward-lando) [QuantumLight](https://millionrounds.com/fund/quantumlight) Reported by TechCrunch and 2 others - **May 2024** Series A **$15M** *1 new* [Anfa](https://millionrounds.com/fund/anfa) Lead Reported by Firms' own news pages ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2024 **Series B** 2025 [Elephant](https://millionrounds.com/fund/elephant) L [Anfa](https://millionrounds.com/fund/anfa) L [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) [Edward Lando](https://millionrounds.com/fund/edward-lando) [QuantumLight](https://millionrounds.com/fund/quantumlight) ## Everyone who backed them [Elephant](https://millionrounds.com/fund/elephant) VC firm **1** round, led 1 [Anfa](https://millionrounds.com/fund/anfa) Private equity **1** round, led 1 [Pareto Holdings](https://millionrounds.com/fund/pareto-holdings) VC firm **1** round [Edward Lando](https://millionrounds.com/fund/edward-lando) Angel **1** round [QuantumLight](https://millionrounds.com/fund/quantumlight) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sipay). ## Also claim to have backed them This firm lists Sipay as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Ventura Capital](https://millionrounds.com/fund/ventura-capital) Growth equity Per its own site ## Quick answers about Sipay ### Who invested in Sipay? Sipay's investors include Elephant, Anfa, Pareto Holdings, Edward Lando and QuantumLight. Elephant led its latest round. ### How much has Sipay raised? Sipay has raised $93M across 2 rounds since 2024. ### When did Sipay last raise? Sipay's most recent round was a Series B of $78M in Apr 2025, led by Elephant. ### What was Sipay's biggest round? Its most recent round, $78M in Apr 2025, is also its largest on record. ### Who backed Sipay first? Sipay's first round on record, in May 2024, was backed by Anfa. ### What stage is Sipay at? Sipay's latest named round is a Series B, in Apr 2025. ### Where is Sipay based? Sipay is based in Türkiye. ### Who led Sipay's rounds? Anfa led the Series A in 2024; Elephant led the Series B in 2025. ## Companies like Sipay In the same sector, and raised in the last eighteen months. [**Corex Holding** $180M · Apr 2026](https://millionrounds.com/company/corex-holding)[**DIGINAK** $2.6M · Jan 2026](https://millionrounds.com/company/diginak)[**Getmobil** $22M · Dec 2025](https://millionrounds.com/company/getmobil)[**TeklifimGelsin** $4.0M · Nov 2025](https://millionrounds.com/company/teklifimgelsin)[**Midas** $89M · Aug 2025](https://millionrounds.com/company/midas)[**Finfra** $2.5M · Oct 2026](https://millionrounds.com/company/finfra) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app