About Aktif Bank

Turkey’s most extensive fintech ecosystem 

Aktif Bank, Turkey’s largest privately-held investment bank, continues to serve as the most extensive fintech ecosystem of Turkey, thanks to its innovative business models and technology investments that redefine investment banking.

Guided by its customer-oriented approach, Aktif Bank, together with its fintech ventures and business partners, provides 360-degree services to over 10 million customers across more than 10 lines of business, from banking products to insurance, transportation to payment systems, and technology to entertainment. 

With 10 branches across Turkey, it focuses primarily on corporate banking, investment banking and private banking services. 

The Bank offers a branchless and seamless end-to-end banking experience to retail customers via its digital banking branch, N Kolay. The Bank aims to position N Kolay, which it continued to expand in 2021 with the addition of new products and services, as the leading digital bank in Turkey.

To date, Aktif Bank’s alternative digital channels and platforms reached 100,000 retail loan transactions, 940,000 prepaid and bank cards, around 513,000 overseas money transfers, approximately 70 million bill payments and 4 million public transport trips per year.  

In 2021, Aktif Bank was once again the naming sponsor of the Istanbul Marathon with its N Kolay brand. The combination of dynamism and the egalitarian and lean service model is combined with the spirit of Istanbul Marathon, one of the leading sporting events of its kind around the globe, to create a harmonious collaboration.

Meanwhile, the Bank continues to offer convenient access to sporting and cultural events alike with its other key brand in digital, the Passo mobile application. Passo became the official ticket sales platform for Istanbul Foundation for Culture and Arts (IKSV) events as well in 2021, and has 8 million users today.

In 2021, Aktif Bank endeavored to add another to its long list of subsidiaries, each of which playing a pioneering role in their respective industries. Leveraging its experience in fintech, Aktif Bank took the first steps towards realizing Aktif Ventures, its fintech startup founder. In addition to founding new fintech startups, Aktif Ventures will also provide financial support to entrepreneurs via venture funds, and establish key business partnerships in the area of service banking.

UPT, a global subsidiary of the Bank, made headlines in 2021 with the launch of its new app, UPTION in April. UPTION, offering 24/7 domestic and international money transfer to name, account and card, reached over 162,000 downloads and a total transaction volume of TRY 383 million within eight months.

Aktif Asset Management, Another Bank subsidiary, achieved a first in 2021 by issuing “Robo Fund Basket Fund” Turkey’s first investment fund managed fully via artificial intelligence and including Global Exchange Traded Funds.

The Bank carried out several crucial transformation and infrastructure development efforts in 2021 to improve its organizational models and processes, and strengthen its agile organizational structure.

Aktif Bank’s accomplishments were reflected in the awards it received as well as its business results. The Bank won several new accolades in 2021, bringing the total number of international awards to over 200.