Fin-EdTech startup Okulyo raises $700K led by ebebek founder
What's the deal? Okulyo, a Turkish Fin-EdTech startup, has raised $700,000 in a round led by ebebekDealroom has a profile for this one. Try Dealroom → founder Halil Erdoğmuş, with existing backer Insha VenturesDealroom has a profile for this one. Try Dealroom → participating. It marks the company's second funding round within a year.
What's the endgame? Okulyo combines education and financial technology on a single platform, bundling student safety, digital identity, access control, parent notifications, and on-campus payments. It aims to let schools digitise security and operations while giving students family-controlled access to financial services.
Where's the money going? The company plans to expand its network of schools and students in Turkey, strengthen its technology infrastructure, and develop new products and financial services. It also wants to accelerate growth in international markets.
Why now? Closing a second round in 12 months gives Okulyo more financial and strategic muscle, chief executive Emre Çekiç said. "Halil Erdoğmuş's leadership of our new investment round and joining our partnership structure means we enter the coming period with a stronger structure, both financially and strategically." (translated from Turkish)
Erdoğmuş said he sees room to scale. "I find the business model that brings together education technologies and financial technologies, and the growth potential it has created so far, quite valuable," he said. (translated from Turkish)
The signal: Okulyo is betting that merging student digital identity with payments can become a repeatable, exportable model. A back-to-back raise suggests investors see traction in a niche where edtech and fintech overlap.
Read more: egirisim.com
Image credit: Generated with Gemini
