Onlayer Secures $8.2M for Global Expansion

Onlayer, a Türkiye-based regtech company, raised $8.2 million in a Series A funding round. The company plans to expand its AI-driven platform across the Middle East, Africa, and Asia-Pacific. This follows a $1 million pre-Series A round, bringing total funding to $9.2 million. The round was led by Oleka Capital, with contributions from Deniz Ventures and others. Onlayer aims to redefine global standards in merchant risk and compliance.

Founded in 2019, Onlayer provides a unified merchant management platform. It helps banks and payment service providers automate merchant onboarding, monitor portfolios, and manage PCI-DSS compliance. Operating in 12 countries, it supports financial institutions with real-time monitoring and fraud controls.