Onlayer, a Türkiye-based regtech and end-to-end merchant management platform that works with banks, payment service providers (PSPs), and enterprises, has raised USD $8.2 million in a Series A funding round.
The company will use the new funds to expand across the MENA and Asia-Pacific regions and to strengthen its AI-powered risk, compliance, and performance tools.
The funding round was led by Oleka Capital, with new investors Deniz Ventures, Revo Capital, Türkiye Development Fund, and Sandeep Gomes also joining in. Existing investors Vestel Ventures and Tacirler Portfolio Management took part through their Future Impact Fund.
“In Onlayer’s sixth year, we are proud to have evolved into a global player that helps redefine industry standards in merchant risk and compliance,” said Kıvanç Harputlu, Co-Founder and CEO of Onlayer. “With this investment, we will continue to work at full speed toward our goal of becoming the leading technology provider in our vertical worldwide.”
“Onlayer is fundamentally changing how financial institutions work with their corporate and merchant customers,” told İlker Sözdinler, Managing Partner at Oleka Capital. “Onlayer stands out as one of the strongest examples of the TechFin vision, turning compliance from a pure obligation into a value layer that accelerates financial growth,” commented Cenk Bayrakdar, Founding Partner and Managing Director at Revo Capital.
“Onlayer is an excellent example of how locally developed technology can create regional and global impact, particularly in financial infrastructure and risk management,” stated Elif Emirli Altuğ, General Manager and Board Member at Türkiye Development Fund. “As Onlayer’s first institutional investor, we believe it will move even faster and more confidently toward its global ambitions,” said Selami Düz, Coordinator at Maxis Ventures.
Onlayer offers a unified platform that automates merchant onboarding and helps businesses keep track of their entire merchant portfolio. It also manages PCI-DSS compliance and provides data-driven insights to reduce risk and support growth.
The company operates in 12 countries and has offices in London, Dubai, and Saudi Arabia, serving banks, PSPs, and enterprises across multiple regions.
Onlayer’s platform combines merchant acquisition, real-time monitoring, AML and fraud controls, PCI-DSS compliance workflows, and ongoing merchant analytics—all in one integrated system.
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