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United Payment will keep the pulse of FinTech in London

United Payment welcomed the year 2023 by opening a new office in the UK, the heart of the FinTech world. Delivering on its goal of becoming the leading FinTech company in the region, the company now operates in five countries, including Turkey, Azerbaijan, Romania and Georgia, and most recently, the UK. The UK represents a significant turning point both in the company’s ambition of expanding the technological power of Turkey to the international arena, as well as its proximity to the European market.

United Payment, the pioneering electronic money company in Turkey offering innovative FinTech solutions, began 2023 by expanding to a new country. United Payment, which is already present in Turkey, Azerbaijan, Romania, and Georgia, continues to pursue its goal of becoming the leading FinTech company in the region by opening an office in the UK, where the FinTech scene is thriving. This new office, located at Level39, a startup and technology hub in London that has been home to many success stories, will see the company reach an important milestone in terms of technology exports.

‘Our London office will help us further advance our innovative solutions’

İlker Sözdinler, the CEO of United Payment, provided details about the operations in the UK: “2022 was a year in which we strengthened our position in the global arena by leveraging the 12-year heritage and experience of United Payment. We made our financial technology capabilities available to our global users. With the opening of our newest office in the UK in the first days of 2023, we are now extending our services to five nations. London is positioned as the heart of the FinTech scene and a technological hub where many ground-breaking innovations are unveiled. The UK is home to more than 40,000 businesses in the FinTech industry alone, boasting the most talented software engineers in all of Europe and drawing a sizable share of European investments. With 90 out of 100 people using contactless payments and more than 250 banks having presence, it is a genuinely global, multi-cultural geography in terms of FinTech adaptability. Therefore, we are now here to keep enhancing our aspirations in the FinTech sector, closely watch trends, and apply the inspirations we gain to our region. With 15 million users and a trading volume of 50 billion TL, our company continues to be a pioneer in the industry. We will continue to make a difference in our country and around the world with our innovative solutions and high-quality service in the FinTech market, which will grow even more in 2023, the centennial of our Republic.”

‘We are committed to making our country a regional force in the financial technologies sector’

United Payment endeavors to the fullest extent possible to fulfill its obligations in the industry, according to İlker Sözdinler. “We keep making investments to promising startups in the sector with the purpose of expanding our FinTech ecosystem and boost our own technology. The latest additions, iWallet, Turan, and Poca, brought the total number of our affiliates to 13. In addition, we are always in close contact with the key actors as part my role as the Chairman of the FinTech Committee of DEIK/Digital Business Council. We act with a strong sense of duty and are absolutely thrilled to help our country become a regional force in the financial technologies industry by aligning with the goals of DEIK and the projects run by United Payment. We will support businesses in expanding to global markets, demonstrating the power of Turkish companies in the global industry and attracting foreign investment to Turkey.”

January, 2023
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<strong>Fast Company Turkey - Fintech Awards 2020</strong>
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<strong>Inovalig 2018 Awards</strong>
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