Ozan Elektronik Para Marks 2023 With Outstanding Growth

Ozan Elektronik Para (Ozan Electronic Money), one of Turkiye’s leading fintechs, marked 2023 as its second consecutive year of outstanding growth. Ozan reported x5.5 growth at Ozan SuperApp and x2.5 increase in Ozan business payment services. Their monthly transaction volume has expanded to 5 Billion TL (174.4 Million USD) as of 2023.

Ozan Electronic Money Turkiye registered a second year of remarkable growth in 2023 thanks to its innovative financial products and strategic partnerships. Ozan launched a range of products/solutions called Fiji combining physical and digital aspects of Ozan’s payment services. For instance, FijiPOS is preferred by businesses that run in-person and online transactions since it consolidates all payments through virtual and physical POS, allowing seamless operation, easier management, and better rates. 

As monetary tightening continued worldwide and in Turkiye, Ozan provided smart, industry-specific solutions under the Fiji brand that hotels, travel businesses, auto-sellers, large resellers, etc. quickly adopted. 

Strategic partnerships paved the way for Ozan to reach a broader set of businesses while impacting their marketing and sales operations minimally. One instrumental collaboration took place between Aveon Global Sigorta (Insurance), TESK (Confederation of Turkish Tradespeople and Craftspeople) and Ozan. A key outcome of this initiative was the digital wallet app with special features for micro businesses and tradespeople affiliated with TESK. Thousands of TESK members signed onto the wallet app in just a few months in order to access payment and insurance services as well as microloans.

Confident Outlook for 2024 and Beyond

Ozan Elektronik Para founder Dr. Ozan Ozerk remarked on Ozan’s success and expressed a confident outlook on the year ahead: “We are proud to complete 2023 with all these achievements. We look forward to staying on this successful path in 2024 and the years to come.”

CEO Omer Suner lauded 2023 milestones while expressing his excitement for 2024: “It’s been an important year for us. We stood out in the industry this year with many innovative products and collaborations. Ozan’s new products gathered under the Fiji brand have changed the way many enterprises process payments with the flexibility and ease of management they provide. Fiji products understand the dynamics of the business world and bring innovative solutions sensitive to the needs of businesses.”

Mr. Suner attributed the industry’s recognition of Ozan to the real difference they made  through innovation in the face of economic challenges: “We were deemed worthy of the Golden PSM awards in the ‘Most Innovative Product-Project’ and ‘Young Spark’ categories at the PSM Awards at the end of 2023. This event is organized specifically for the finance sector and the awards recognize our innovative success.” he explained.

Reach and Support More Businesses

Mr. Suner plans new projects and partnerships that could help advance the fintech industry in 2024: “We aim to reach and support more businesses with new or existing payment solutions as well as expanding our work to the global arena. By strengthening Ozan’s world presence, we aim to create more value for our users and make a broader impact on global payment systems. Our ambition is to position Ozan as an accessible and reliable financial solution provider both locally and globally.”

About Ozan Elektronik Para (EMI – Ozan Electronic Money Institution):

Ozan Elektronik Para is an electronic money institution in Turkiye with licenses and memberships from Visa, Mastercard, UnionPay, BKM, and Troy. Its Ozan SuperApp/SuperCard products provide individual financial solutions to end-users. Meanwhile, Ozan Business products address all payment and collection needs of medium and large-scale businesses and ventures. Ozan Elektronik Para offers innovative solutions such as FijiPOS, FijiCash, and FijiPlace, QR payments, link payments, virtual and physical POS, payment gateway, and dealer collections. Ozan Elektronik Para operates in Turkey under Law No. 6493 and is authorized to make agreements with member businesses as per Law No. 5464.

Media Contact
Company Name: OZAN Electronic Money Institution
Contact Person: Gizem Lalli
Email: Send Email
Country: Turkey
Website: https://www.ozan.com/