Core Finance provided advisory services to Actera Group regarding its investment in Akinon, a cloud-based headless commerce platform. The company secured $20 million in Series B funding co-led by Actera Group and Revo Capital, with Core Finance also participating through its venture arm.
Akinon offers a software-as-a-service digital commerce solution featuring an API-first, cloud-based architecture with omnichannel capabilities, marketplace integration, mobile solutions, and order management systems. Founded in 2016 by experienced entrepreneurs in Istanbul, the platform serves major retailers including Samsung, Lacoste, Sephora, and Gap.
The platform distinguishes itself through technological advancement and scalability, enabling enterprises to create customized commerce frameworks.
Managing Partner Yağız Sözmen stated: “We believe that with the product and management team Akinon has in place, the best is yet to come.”
This transaction marked Core Finance’s tenth deal within twelve months and fifth in 2021.