Ortak provides a mobile investment platform allowing users to trade Borsa Istanbul stocks and over 200 cryptocurrencies. The platform offers low-commission stock trading and a daily yield feature on Turkish Lira balances. All securities transactions are conducted through an SPK-licensed intermediary, ensuring regulatory compliance and asset custody via MKK.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals in Turkey lack a streamlined platform to manage investments across various asset classes, including stocks and cryptocurrencies, while also seeking opportunities to earn daily returns on their Turkish Lira deposits. Existing solutions often involve high commission fees and fragmented user experiences.
Solution
Ortak provides a mobile investment application that consolidates access to stocks on the Borsa İstanbul, over 200 cryptocurrencies, and daily-yield Turkish Lira deposit accounts. The platform offers commission-free trading for stocks and crypto assets, leveraging secure wallet technology from Fireblocks for asset protection. Users can initiate real-time transactions and monitor their portfolio performance from a single interface. Ortak also aims to foster a social investment environment where users can view the portfolios of other investors, promoting informed decision-making.
Target Audience
The primary target audience includes Turkish residents interested in investing in stocks, cryptocurrencies, and Turkish Lira-based financial products, particularly those seeking a user-friendly mobile platform with commission-free trading and social investment features.
Features
- Commission-free trading of stocks listed on Borsa İstanbul
- Access to over 200 cryptocurrencies with Turkish Lira and Tether (USDT) pairings
- Daily yield opportunities for Turkish Lira deposits through Blupay Menkul Değerler A.Ş.
- Integration with Fireblocks for secure digital asset custody
- Real-time deposit and withdrawal functionality
- Social investment features allowing users to view other investors' portfolios (with user consent)
- SPK (Sermaye Piyasası Kurulu) compliance for regulatory adherence
- 7/24 customer support via phone