TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Onlayer, a provider of onboarding, monitoring, compliance management tools for banks and payment service providers. Maxis, Global Trust Ventures and individual investors also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund...

The Turkish Industry & Business Association (TÜSİAD), Turkey’s most influential business association, held an event in Ankara on January 30, 2025 to promote its report on the Turkish entrepreneurship ecosystem. The event was attended by market participants, the public sector representatives and the media. The report, entitled “Türkiye: A Leading...

2 Temmuz 2024 tarihinde Resmî Gazete’de yayımlanarak yürürlüğe giren 7518 sayılı Sermaye Piyasası Kanununda Değişiklik Yapılmasına Dair Kanun (“Kripto Kanunu”), kripto varlıklarla ilgili ilk kanun düzenlemesi olarak Sermaye Piyasası Kanunu’na yeni hükümler eklemiş ve Sermaye Piyasası Kurulu (“Kurul”) 8 Ağustos 2024 tarihli ve 2024/38 sayılı bülteninde kripto platformlarının kuruluş şartlarını...

TURUNÇ is pleased to be ranked for the fifth consecutive year as a leading fintech law firm in Turkey in the FinTech Guide published by Chambers & Partners. TURUNÇ is also the only Turkish firm to have two partners ranked by the guide: practice co-heads Esin Çamlıbel and Kerem Turunç....

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Novus, a provider of customizable, on-premise AI and LLM solutions for enterprises. Sabancı Ventures, Inveo Ventures and other investors also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by...

TURUNÇ has advised, along with Greenberg Traurig LLP, U.S.-based private equity fund Riverwood Capital on its investment in Picus Security, a Turkish-American cybersecurity company focused on breach and attack simulation (BAS) and security validation. The TURUNÇ team included Kerem Turunç, İltem Dokurlar, Noyan Turunç, Esin Çamlıbel, Beste Yıldızili Ergül, Naz...

Sermaye Piyasası Kurulu (“Kurul”), 8 Ağustos 2024 tarihli ve 2024/38 sayılı bülteninde kripto platformlarının kuruluş şartlarını yayımlamıştır.[1] Kuruluş şartların özetini aşağıda takdim ediyoruz. Kuruluş izni alan platformların faaliyet izni almak üzere Kurul’a ayrıca bir başvuru yapması da gerekecektir.[2] (A) Platforma İlişkin Şartlar (B) Kuruculara, Ortaklara ve Yöneticilere İlişkin Şartlar –...

Turkey’s first legislation governing crypto assets (the “Crypto Law”) entered into force on July 2, 2024. We present below a summary of the Crypto Law, which made significant amendments to the Turkish Capital Markets Law. 1. General Overview The Crypto Law authorizes the Turkish Capital Markets Board (the “Board”) to...

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Mindsite, an e-commerce metrics analytics platform. Finberg, the Turkish Technology Development Foundation, TT Ventures also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by Tacirler Asset Management, a leading...