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Canan Oktay started their work experience in 2007 at Akbank, where they held the positions of Internal Auditor and later CRM Campaign Manager. In 2013, they joined HSBC as Cards PL & POS Product Management AVP and later became the Retail Credit & Risk Vice President. In 2020, they joined ÜNLÜ & Co as the Head of Data Science.

Canan Oktay attended Bilkent University from 2001 to 2006, where they studied Political Science and Public Administration on a full scholarship. Canan then pursued a Master's degree in Computer Engineering, specializing in Data Mining, at Bahcesehir University from 2008 to 2011, with a scholarship covering 50% of the tuition. In 2007 and 2008, they briefly enrolled in the MBA program at Middle East Technical University but did not complete the degree.