Octet Türkiye, one of the leading players in the fintech sector, has announced its 2024 financial results, demonstrating strong growth momentum across key performance indicators. The company significantly increased its transaction volume compared to the previous year and expanded its customer base.

Derya Ekemen Fidan, CEO of Octet Türkiye, stated that the number of customers rose from 5,500 at the end of 2023 to 7,500 by the end of 2024. “In 2024, our transaction volume exceeded TRY 55 billion, while our average transaction size reached TRY 183,000. The total number of transactions also increased, surpassing 305,000. For 2025, we are targeting at least 2.5 times growth,” she said.

Strong Financial Performance and Accelerated Growth

Providing innovative collection methods and payment solutions that help companies maintain strong cash flow and liquidity, Octet Türkiye doubled its transaction volume in 2024 while sustaining healthy growth in revenue and turnover.

“At the end of the year, the total number of customers we serve reached 7,500. Our transaction count exceeded 305,000, and the average transaction size increased to TRY 183,000. Total transaction volume surpassed TRY 55 billion,” Fidan noted.

She also shared insights into transaction distribution. Installment transactions with three and twelve months accounted for 12 percent of total volume, six month installments represented 13 percent, and single payment transactions made up approximately 28 percent.

“These results once again confirm both our financial strength and the effectiveness of the solutions we deliver to our customers,” she added.

Delivering Innovative and Sustainable Financial Solutions

Octet Türkiye serves businesses operating across a wide range of industries, including automotive, chemicals, food, agriculture, textiles, machinery, construction materials, pharmaceuticals, and fast moving consumer goods. The company enables enterprises of varying sizes to manage cash flow more effectively and efficiently.

“With tailored solutions designed for businesses of different scales, we simplify trade processes and respond to financial needs through innovative and sustainable methods,” said Fidan. “Our strong financial performance and growth rate in 2024 clearly reflect the value we create for our clients. We are proud to support the companies we serve in contributing more effectively to both the Turkish economy and global trade.”

In the second half of 2024, Octet launched the Octet Mobile application, which transforms smartphones into POS devices, enabling businesses to manage collections in a more flexible, fast, and secure manner. In addition, the company expanded its service portfolio through its open banking product, allowing customers to perform financial transactions more quickly and securely.

“We Target at Least 2.5 Times Growth in 2025”

Looking ahead, Fidan emphasized Octet Türkiye’s ambition to play a transformative role in the fintech ecosystem.

“As Octet Türkiye, we aim to shape digitalization trends in the fintech sector and guide transformation in 2025. In line with this vision, we will make significant investments in next generation technologies, particularly artificial intelligence and data analytics. We are targeting at least 2.5 times growth in revenue and turnover across product groups in 2025.”

She added that 2025 will be a year of intensified focus on customer experience, sustainability, and innovation.

“We will continue to enhance our products to help businesses manage cash flow more efficiently, facilitate access to financing, and deliver innovative solutions tailored to different industries. At the same time, developing sustainable business models and contributing to economic growth and social benefit remain among our strategic priorities.”

With strong financial results in 2024 and ambitious targets for 2025, Octet Türkiye continues to reinforce its position as a key enabler of digital transformation in financial services.