# Nezih Sipahioglu

> Istanbul-based entrepreneur Nezih Sipahioglu is Sipay’s founder, Global CEO and chairman. His earlier international consultancy, Global Trust, exposed the banking and payment difficulties faced by entrepreneurs expanding abroad. Sipay brings payment services and financial infrastructure into a marketplace serving individuals, businesses and other providers.

- **Role:** Founder, Global CEO and Chairman at Sipay
- **Organizations:** Sipay, Global Trust, Softrobotics
- **Nationality:** Turkish
- **Education:** Business management studies, Regent’s College, London, Bachelor’s degree in Business and Financial Management, City University of London
- **Known for:** Built Sipay following an earlier international consultancy career., Led Sipay through two announced institutional funding rounds totaling $93 million in 2024 and 2025., Sipay reports ranking 119th in Deloitte Technology Fast 500 EMEA for 2024, after 187th for 2023.

## Career timeline

- **2013** — Founded Global Trust, advising Turkish entrepreneurs on overseas company formation and corporate services.
- **2018** — Founded Sipay; corporate registration is dated November 26, 2018.
- **2019** — Sipay launched its payment-services business and received its initial authorization in July.
- **2020** — Founded Softrobotics, according to his Crunchbase biography; Semih Muşabak joined Sipay at the end of the year.
- **2024** — Sipay announced a $15 million institutional funding round led by Anfa.
- **2025** — Sipay announced a $78 million Series B led by Elephant with QuantumLight participation.

## Achievements

- Built Sipay following an earlier international consultancy career.
- Led Sipay through two announced institutional funding rounds totaling $93 million in 2024 and 2025.
- Sipay reports ranking 119th in Deloitte Technology Fast 500 EMEA for 2024, after 187th for 2023.

## Latest updates

- **2026-10** — Verification snapshot: Sipay’s governance page lists him as founder, Global CEO and chairman; the central bank’s active electronic-money register includes Sipay.
- **2025-11** — Discussed Azerbaijan partnerships under negotiation and potential wallet infrastructure services; certain Sipay permissions were also temporarily suspended that month.
- **2025-05** — Discussed the Series B, team and US listing ambition at Swipeline Summit; appeared on Invest in Türkiye Talks on May 22.
- **2025-04** — Sipay announced a $78 million Series B at a $877 million valuation.

## Links

- Website: https://sipay.com.tr
- LinkedIn: https://www.linkedin.com/in/nezihsipahioglu

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Profile page: https://yespress.io/nezih-sipahioglu
Published by YesPress — https://yespress.io
Last updated: 2026-10-07