Cardtek Receives Private Equity Investment

cardtekCardtek, an Istanbul, Turkey-based provider of payment technologies, received an equity investment of undisclosed amount.

Backers included MV Holding and Revo Capital, which have in total become 24% shareholders in Cardtek.

The company intends to use the funds to further strengthen its presence in North America, Europe, Middle East and Asia-Pacific.

Founded in 2001 and led by CEO Ayse Nil Sarigollu, Cardtek develops end-to-end solutions in payment systems in many countries across the globe. The company is currently providing payment technologies and services to more than 150 customers in 25 countries, including banks, processors, telecom operators, retail and public transit services.



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