Onlayer Raises $8.2 Million Series A to Expand AI-Driven Merchant Risk and Compliance Platform Globally

Onlayer, a Türkiye‑based regtech and merchant management platform founded in 2019, has secured $8.2 million in a Series A funding round to fuel its international expansion and deepen the capabilities of its AI‑driven solutions for risk, compliance and performance monitoring for banks, payment service providers (PSPs) and large enterprises. The successful round, announced in November 2025, represents a major milestone in the company’s growth trajectory as it broadens its reach into the Middle East, Africa and Asia‑Pacific regions while continuing to innovate in merchant risk and compliance technology.

The Series A financing was led by Oleka Capital, a venture capital and growth equity firm active in technology, fintech and payments, demonstrating confidence in Onlayer’s vision of unifying core merchant management functions into a single platform. Alongside Oleka Capital, the round included participation from Deniz Ventures, the corporate venture capital arm of DenizBank under the Emirates NBD Group umbrella, which brings strategic insight into financial services and fintech expansion. Also joining the round was Revo Capital, a prominent early‑stage investor with a strong footprint in technology and fintech innovation, further bolstering the company’s financial and market positioning.

Institutional support also came from the Türkiye Development Fund via its INVEST101 programme, which has backed Onlayer as part of efforts to accelerate national technology champions into global markets. In addition, Sandeep Gomes, an individual investor with experience across fintech and growth companies, contributed to the round, signifying personal backing for Onlayer’s long‑term strategy. The Future Impact Fund, co‑managed with legacy investors Vestel Ventures and Tacirler Portfolio Management, also participated, reaffirming ongoing confidence from existing stakeholders in the company’s trajectory.

The fresh capital builds on a pre‑Series A round of $1 million earlier in 2025, bringing Onlayer’s total funding to approximately $9.2 million as it enters its next phase of scaling. With offices in London, Dubai and Saudi Arabia and operations in 12 countries, Onlayer has established a presence across key financial hubs, enabling it to support financial institutions throughout the Middle East, North Africa and Asia‑Pacific with its unified regtech platform.

Onlayer’s platform aims to simplify and automate the entire merchant lifecycle by combining onboarding automation, continuous portfolio monitoring, PCI‑DSS compliance management and data‑driven insights into a single environment. This integrated approach enables banks, PSPs and enterprise clients to identify and manage merchant‑level risks more effectively while scaling portfolios with reduced operational friction. The company’s AI‑enabled workflows bring together real‑time monitoring, anti‑money‑laundering and fraud controls, and ongoing analytics to help institutions mitigate risk and enhance performance with a consolidated technology stack.

According to leadership, the Series A funding will be directed toward accelerating Onlayer’s product development, particularly around its AI‑driven risk and compliance capabilities, and toward expanding commercial operations in new markets where demand for digital financial infrastructure continues to grow. The investment also supports deeper integration of the platform’s tools into existing financial workflows, helping institutions reduce complexity and improve regulatory adherence while unlocking new sources of growth.

Onlayer’s co‑founder and CEO, Kıvanç Harputlu, emphasised the company’s evolution into a global technology provider that is redefining standards in merchant risk and compliance. He highlighted the importance of the new investment in supporting Onlayer’s ambitions to solidify its position worldwide, complementing its existing footprint and technology offerings. Investors echoed this sentiment, praising the company’s ability to transform compliance from a regulatory obligation into a strategic value layer that accelerates financial growth for clients.

In recent months, Onlayer has also achieved recognition as one of the few Mastercard‑approved Merchant Monitoring Service Providers (MMSP), becoming the first licensed provider with this accreditation in Türkiye and Europe. This milestone enables the company to engage more directly with acquiring banks and PSPs, enhancing its ability to deliver compliant and scalable merchant monitoring solutions across global card‑scheme networks.

As Onlayer pushes forward with its Series A funding and global expansion, the company is well‑positioned to play a significant role in how financial institutions manage merchant risk, streamline compliance, and drive operational efficiency. Its unified approach to regtech and merchant management reflects broader industry trends toward automation, data‑driven decision‑making and AI‑augmented financial services infrastructure, and the latest investment reinforces its capacity to lead in this evolving space.