Türkiye · 
Who invested in Sipay?
Sipay's investors include Elephant, Anfa, Pareto Holdings, Edward Lando and QuantumLight. Elephant led its latest round.
2025
$15MSeries A$78MSeries B
Türkiye · Series B startup
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.
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Funding summaryUpdated 31 Oct 2026
$93Mraised across 2 rounds since 2024, from 4 sources
$15MSeries A$78MSeries B
- Latest round
- Series B, $78MApr 2025
- Led by
- Elephant
- Step-upi
- 5.2×
- Investors
- 5 (2 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $15M May 2024
- Biggest round
- $78M Series B · Apr 2025
- Between rounds
- 11 months from the last two
The rounds
- Apr 2025Series B$78M4 new
Reported by TechCrunch and 2 others
- May 2024
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
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.
Quick answers about Sipay
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.
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