Fintech Company elopage Raises $38 Million in Series A Funding Round

Fazzaco learned that elopage, a SaaS company and payment provider for digital entrepreneurs, creators, SMEs and enterprise businesses, has raised $38 million in a Series A funding round.

The latest funding round was led by Target Global with participation from Partech Ventures and Avid Ventures.

According to the official press release, the company will use the new funds to grow its team from 70 to 190 by the end of the year, expand across Europe, and invest further in its proprietary end-to-end platform.

In addition, the company also plans to expand its presence throughout the DACH region with the goal of “empowering one million entrepreneurs by 2025.”

​Founded in 2015 by Özkan Akkilic and Tolga Önal, elopage offers a SaaS platform that enables start-ups and small businesses (SMEs) to grow their digital business with digital products, auto-sales, and payment processing.