Tinypay Raises $1 Million to Expand Globally From Silicon Valley

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August 25, 2011
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Tinypay Raises $1 Million to Expand Globally From Silicon Valley

ISTANBUL, August 25, 2011/PRNewswire/ --

    Tinypay is an e-commerce startup that makes it easy to sell just about
anything online. The company has raised $1 million from Aksoy Internet
Ventures in order to expand globally. Since its launch in the Netherlands
last year, Tinypay has attracted thousands of sellers from all over the
world and now it's moving the headquarters to San Francisco.

    "We want to be in Silicon Valley because it offers a lot more
opportunities to grow our company", says Melvin Tercan, the CEO of the young
company. "Our mission is to conquer the world and there's no better place to
start than here."

    Tinypay simplifies the hassles of e-commerce and makes online selling
accessible to everyone. Anyone can share products on Facebook and Twitter
within minutes just by going to http://www.tinypay.me and filling out a
single form. Sellers receive instant payments directly in their PayPal
account. It's a great place to sell second-hand items, hand-made crafts, and
even digital files like e-books and mp3s from a personalized, fully
customizable shop. For more information, visit http://www.tinypay.me

    Aksoy Internet Ventures Chairman Taner Aksoy, commented "We are proud to
support Tinypay with our vision and experience as well as funding. As
founders of sahibinden.com, the #1 classifieds and e-commerce platform in
Turkey, we are very excited being part of this game changing team in
e-commerce. We are certain that Tinypay will be a big hit globally". Aksoy
Internet Ventures actively seeks out and makes early stage investment in
promising Internet companies regionally and globally. For more information,
visit http://www.aksoyinternetventures.com

Source: Aksoy Internet Ventures & tinypay.me

Emre Ersahin / emre.ersahin@sahibinden.com / tel: +90-216-571-1990

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