Craftgate

Craftgate Competitive Intelligence & Landscape

craftgate.io ·

Overview

Craftgate Overview

Craftgate is a financial technology company founded in 2020 and headquartered in Istanbul, Turkey. It specializes in providing a payment orchestration platform that enables businesses to manage and access both domestic and international payment methods through a single, integrated system (Tracxn). The company's core product is a cloud-based payment gateway that facilitates online payment processes, including payment links and QR code solutions, making it easier for merchants to accept payments globally (craftgate.io).

Craftgate targets e-commerce businesses, online merchants, and financial institutions seeking efficient, scalable, and secure payment management solutions. Its value proposition centers on simplifying complex payment integrations, reducing transaction friction, and expanding payment options for clients, which positions it as a key player in the fintech and payments industry (Tracxn). Since its founding, the company has grown rapidly, with a team of around 54 employees, and has secured $3 million in funding, including a seed round in August 2023 (craftgate.io). Its mission is to streamline and innovate the payment infrastructure landscape, supporting businesses in their digital transformation and global expansion efforts.

Competitors

Craftgate Competitors

PayU is a prominent competitor to Craftgate, especially in emerging markets, with a strong market position due to its extensive regional presence and diverse payment solutions. It secured significant funding in July 2025, which supports its growth and innovation efforts, making it a key player in online payments (Tracxn). In contrast, Flutterwave focuses on simplifying cross-border payments in Africa and other regions, offering a comprehensive platform that integrates payments, invoicing, and fraud management, positioning itself as a flexible alternative for businesses expanding internationally (Tracxn). Both PayU and Flutterwave differentiate themselves through regional expertise and tailored solutions, whereas Craftgate emphasizes its technology-driven approach in Turkey and nearby markets.

Iyzi Payments, another competitor, is a leading Turkish payment gateway that offers seamless integration with local e-commerce platforms and a variety of payment options, including installment payments. Its market focus on Turkey and strong local partnerships give it an edge in the domestic market, though it has a smaller international footprint compared to PayU and Flutterwave (Tracxn). Compared to Craftgate, Iyzi Payments is more regionally concentrated but shares a similar focus on providing comprehensive payment solutions tailored to local businesses.

Poynt is an emerging global player that offers smart payment terminals and integrated POS solutions, targeting retail and hospitality sectors. Its differentiation lies in hardware integration combined with payment processing, which appeals to physical stores looking for unified commerce solutions (StackReaction). While Craftgate primarily operates in online payment gateways, Poynt expands into hardware and in-store experiences, making it a broader competitor in the payments ecosystem.

Finally, Adyen stands out as a global payments platform with a broad feature set including fraud prevention, multi-currency processing, and extensive integrations. Its market positioning is premium, targeting large enterprises and high-volume merchants worldwide. Compared to Craftgate, Adyen offers a more extensive global reach and advanced features, but at a higher price point, which may limit its appeal to smaller regional businesses (SaaSipedia). Overall, these competitors vary in regional focus, feature depth, and pricing strategies, shaping the competitive landscape in which Craftgate operates.

Alternatives

Craftgate Alternatives

Product & Pricing

Craftgate Product and Pricing Intelligence

Craftgate offers a comprehensive payment and product management platform with detailed pricing plans. According to their latest information, their product management software, Craft.io, features a tiered pricing model with a free 14-day trial and no credit card required to start. The plans include a 'Starter' plan at $24 per editor/month (or $19 annually), a 'Pro' plan at $99 per editor/month (or $79 annually), and a customizable 'Enterprise' plan with pricing available upon request and a demo booking option (craft.io).

For their fintech and payment orchestration solutions, Craftgate provides a unified platform that simplifies payment operations, supports virtual POS systems, and integrates with various payment providers. They also offer a Shopify e-commerce module to enhance payment options for online stores. The platform emphasizes security, reliability, and scalability, catering to growing fintech needs (craftgate.io). Recent updates indicate a focus on expanding cross-border payment capabilities and enhancing trust and speed in online transactions, reflecting ongoing improvements in their payment infrastructure (blog.craftgate.io). Overall, Craftgate's pricing and product offerings are tailored to meet the needs of both small teams and large enterprises, with a clear progression towards more advanced features and integrations.

Hiring & Layoffs

Craftgate Hiring and Layoffs

Craftgate is a fintech company that offers a unified payment orchestration platform, founded in Turkey in 2020. As of early 2026, the company has 58 employees and has received $3.00M in seed funding. Their platform aims to simplify payment operations by managing virtual POS systems, e-money providers, and other payment methods from a single dashboard, offering benefits such as faster settlements and better commission rates (BounceWatch).

Regarding hiring, Craftgate is not in a hyper-growth phase and focuses on hiring the "right people" rather than just filling positions, as indicated by their 35-person team size in early 2025 (Craft Docs). More recently, in early January 2026, Craft (a separate entity from Craftgate) announced a significant shift towards an AI-first approach, integrating AI tools like Claude Code and Craft Agents into their core workflow for all team members. This has fundamentally changed their hiring process, with a new emphasis on how candidates collaborate with AI, requiring them to showcase personal projects built with AI assistance (Craft.do).

There is no direct information in the provided search results about Craftgate layoffs. However, broader industry trends in early 2026 suggest that job cuts in some sectors, like crypto, are being linked to AI integration, potentially masking routine layoffs (Decrypt, CryptoRank.io).

Craftgate itself has focused on improving operational efficiency, as seen in their adoption of Hiver for customer support, which saved them over 130 hours a month and helped them handle a growing volume of nearly 100 inquiries daily (Hiver). This focus on efficiency, rather than rapid expansion, suggests a strategy centered on optimizing existing operations and customer experience.

Leadership

Craftgate Management and Leadership Team

Craftgate is a B2B SaaS company that offers comprehensive payment orchestration services, allowing businesses to integrate and manage various payment providers from a single platform. Founded in 2020 and based in Turkey, Craftgate has grown to include 59 employees and operates within the Financial Services and Fintech industries. The company's core offering centralizes the management of all online store payment providers, enabling businesses to focus on growth while reducing costs [6, 7].

The Craftgate leadership team is comprised of its co-founders, who bring extensive experience in technology and entrepreneurship.

Hakan Erdoğan serves as the Co-founder and CEO, with a background spanning over 18 years in payment systems and e-commerce. He has been instrumental in developing multiple payment systems, including those for GittiGidiyor/eBay, iPara, and iyzico, before co-founding Craftgate in June 2020 [1, 2].

Murathan Özcan is a Co-Founder and COO, bringing expertise in sales, operations, and business development, and holds an Executive MBA from Istanbul Technical University [4].

Lemi Orhan Ergin is a Co-Founder, with a strong background in software development, Agile methodologies, and has held leadership roles at companies like iyzico and Sony, focusing on building high-quality software [5].

While the provided search results detail the co-founding team and their roles, specific information regarding recent leadership changes, additional board members, or notable C-suite hires beyond the co-founders is not extensively detailed. The company's "About Us" page lists several individuals, including Alican Akkuş, Avni Balıkcı, and Berfu Aydoğan, among others, suggesting a broader team, but their specific executive or board-level positions are not elaborated upon in the provided snippets [3].

Financials

Craftgate Financial Performance, Fundraising, M&A

Craftgate is a Turkish-based fintech company founded in 2020 that specializes in payment orchestration platforms. It enables businesses to manage multiple domestic and international payment methods through a centralized interface, improving operational efficiency and payment success rates (BounceWatch, Startup-Seeker). As of early 2026, Craftgate has raised approximately $3 million in seed funding, with notable investors including Hepsiburada.com and D4 Ventures (BounceWatch, Tracxn)). The company's valuation details are not publicly disclosed, but its funding stage remains at seed, indicating early-stage financial health with a focus on growth and product development (BounceWatch). Although specific revenue figures are not available, Craftgate's rapid growth, strategic funding, and expanding product offerings suggest a positive trajectory in the fintech and payment processing sectors. The company has also developed several open-source clients for API integration, supporting its technological and operational expansion (GitHub). No recent M&A activity or acquisitions are publicly reported as of March 2026.

Partnerships

Craftgate Partnerships, Clients and Vendors

Craftgate has established itself as a prominent player in the payment orchestration industry, offering a comprehensive platform that consolidates various payment methods into a single interface. Their platform supports both domestic and international payment options, enabling businesses to streamline their financial workflows and enhance conversion rates (craftgate.io).

In terms of partnerships, Craftgate actively promotes collaboration through its Partner Program, which is designed for agencies, consultants, and Payment Service Providers (PSPs) to grow together and expand their ecosystem (craftgate.io/en/become-a-partner). This program indicates a strategic focus on building a broad network of technology and service partners.

Craftgate's open-source initiatives further demonstrate their commitment to technology integration, providing libraries and tools for developers in Java, PHP, .NET, and Node.js to facilitate API integration and extend their platform's capabilities (craftgate.github.io). Their GitHub organization hosts numerous repositories, reflecting ongoing development and ecosystem engagement. Additionally, Craftgate maintains active relationships with enterprise clients and vendors, leveraging these integrations to deliver scalable, flexible payment solutions tailored to the needs of modern e-commerce and financial services (github.com/craftgate).

Events

Craftgate Event Participations

Based on the available search results, there is no specific information indicating that Craftgate participates in or hosts conferences, trade shows, webinars, or community events. The company, founded in 2020 in Turkey, specializes in payment orchestration and financial services, providing solutions for managing online payment providers (BounceWatch).

While the search results do not detail their event participation, Craftgate’s active presence in the fintech industry is evident through their platform offerings and educational content, such as a webinar explaining their 3D Secure payment flow (Speaker Deck). It’s possible they may engage in industry events or webinars to promote their services, but specific details are not available in the current search results.

Frequently Asked Questions

Who are Craftgate's main competitors in the payment orchestration space?

Craftgate competes with companies like PayU, Flutterwave, Iyzi Payments, Poynt, and Adyen. PayU and Flutterwave have a strong international presence, while Iyzi Payments focuses on the Turkish market. Poynt offers integrated POS solutions, and Adyen targets large enterprises with a comprehensive global platform. ForesightIQ can help you track these competitors' moves and compare their strategies.

How can I track Craftgate's strategic moves and market positioning?

Monitoring Craftgate's hiring patterns, partnerships, product updates, and digital presence (like website changes and job postings) can provide insights into their strategic direction. ForesightIQ automates this process by tracking Craftgate's digital exhaust, including job postings, LinkedIn activity, and website updates, to surface strategic signals before official announcements.

What market signals indicate Craftgate's potential next moves?

Key market signals include changes in their hiring focus (e.g., emphasizing AI skills), new partnerships announced, expansions into new geographic regions or payment methods, and updates to their product offerings. Monitoring these signals can provide early indications of Craftgate's strategic priorities and future direction.

What competitive intelligence sources are available for Craftgate?

Competitive intelligence can be gathered from various sources, including Craftgate's website, blog, social media, job postings, press releases, and partner announcements. Additionally, monitoring industry news, competitor websites, and third-party review sites can provide valuable insights. ForesightIQ automates this by aggregating publicly available information, helping you monitor Craftgate's digital footprint, and analyze market trends.

How does Craftgate compare to Adyen in terms of features and target market?

Adyen offers a more extensive global reach and advanced features, such as fraud prevention and multi-currency processing, targeting large enterprises. Craftgate, while also offering a comprehensive platform, focuses on providing payment orchestration solutions primarily in Turkey and nearby markets. Adyen's pricing is also higher, potentially making Craftgate a more accessible option for smaller businesses in its target region.

Is Craftgate currently hiring, and what roles are they prioritizing?

Craftgate is not in a hyper-growth phase, focusing on hiring the "right people" rather than just filling positions. Monitor their job postings on LinkedIn and their careers page for the most up-to-date information on their hiring needs. Changes in the types of roles they are hiring for can also indicate shifts in their strategic focus.

What is Craftgate's pricing strategy for its payment orchestration platform?

Craftgate offers tiered pricing for their product management software, Craft.io, with plans ranging from a Starter plan to a customizable Enterprise plan. For their core payment orchestration platform, pricing is tailored to meet the needs of both small teams and large enterprises, with a progression towards more advanced features and integrations. Contact Craftgate directly for specific pricing details related to your business needs.

What types of partnerships does Craftgate actively pursue?

Craftgate actively promotes collaboration through its Partner Program, targeting agencies, consultants, and Payment Service Providers (PSPs). They also maintain active relationships with enterprise clients and vendors, leveraging these integrations to deliver scalable, flexible payment solutions. These partnerships are designed to expand their ecosystem and enhance their platform's capabilities.

What are some alternatives to Craftgate for event and grant management?

While Craftgate focuses on payment orchestration, alternatives for event and grant management include Submittable, EveryAction, Little Green Light, Bloomerang, and Accelevents. Submittable is great for general submissions, while EveryAction and Little Green Light cater specifically to nonprofits. Bloomerang emphasizes donor engagement, and Accelevents focuses on event management with grant application support.

Where is Craftgate headquartered and when was it founded?

Craftgate is headquartered in Istanbul, Turkey, and was founded in 2020. It specializes in providing a payment orchestration platform that enables businesses to manage and access both domestic and international payment methods through a single, integrated system.

How much funding has Craftgate raised to date?

As of early 2026, Craftgate has raised approximately $3 million in seed funding. Notable investors include Hepsiburada.com and D4 Ventures. The company's valuation details are not publicly disclosed.

Powered by ForesightIQ · Competitive intelligence from digital exhaust