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Figopara

Founded 2016 · 86 employees on LinkedIn · 9 known investors

Find your way into Figopara

632 people in our graph share verified history with the Figopara team — schools, employers, funds. One of them is your warm intro.

Melih Odemisunlockedknows Koray Gultekin Bahar · together at Galata Business Angels Official (overlapped)
knows the team · via Figopara
knows the team · via Sovos Turkey
×3knows the team · via Angel Effect
knows the team · via Sovos
knows the team · via Galata Business Angels Official

Figopara is a Turkish financial technology platform that digitizes financial processes between commercial businesses and banks, letting companies convert invoices and checks into cash before maturity and compare financing offers from multiple financial institutions. It offers invoice financing, check collection, supplier financing, and short-term spot credit, along with an AI-based FigoScore credit-scoring tool and SAP/ERP integration, serving businesses in Turkey.

AI & Machine LearningFintechSaaS

Founders & leadership

Figopara was founded in 2016 by Koray Gultekin Bahar and Arman Eker.

KGKoray Gultekin Bahar
Koray Gultekin BaharCo-Founder & CEOFounder and CEO of Figopara, a Turkish fintech platform for invoice and supply chain financing. Previously founded and led Foriba, which was acquired by Sovos Compliance.
AEArman Eker
Arman EkerCo-Founder & Chief Technology OfficerArman Eker brings over a decade of experience in technology operations and product development, with background in P&L responsibility, strategic planning, and leadership across technology and business development functions. He is founder of Figopara, a Turkish fintech platform that enables businesses to digitize financial processes and access financing solutions through invoice factoring, check collection, and credit scoring tools.

Investors · 9

IFC✓ confirmed by FigoparaAuburn

How we know: the company's own site · press coverage · Not right? Tell us

Sabancı Ventures✓ confirmed by FigoparaIstanbul · $200K – $20M

How we know: the company's own site · Not right? Tell us

DeBa Ventureslisted by DeBa VenturesLuxembourg · $100K – $500K
Lima Ventureslisted by Lima Venturesİstanbul · $18K – $697K
Metis Ventureslisted by Metis VenturesLondon · $3.3M

How we know: Metis Ventures's portfolio page · Not right? Tell us

ScaleX Ventureslisted by ScaleX VenturesAmsterdam · $216K – $2.2M

How we know: ScaleX Ventures's portfolio page · Not right? Tell us

TechOne Venture Capitallisted by TechOne Venture CapitalIstanbul · $30K – $1.5M

How we know: TechOne Venture Capital's portfolio page · the VCSheet dataset · Not right? Tell us

Revo CapitalreportedIstanbul · $250K – $5M

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Figopara do?
Figopara is a Turkish financial technology platform that digitizes financial processes between commercial businesses and banks, letting companies convert invoices and checks into cash before maturity and compare financing offers from multiple financial institutions. It offers invoice financing, check collection, supplier financing, and short-term spot credit, along with an AI-based FigoScore credit-scoring tool and SAP/ERP integration, serving businesses in Turkey.
Who founded Figopara?
Figopara was founded by Koray Gultekin Bahar, Arman Eker in 2016.
Who are Figopara's investors?
Figopara's investors include Finberg, IFC, Sabancı Ventures, DeBa Ventures, Lima Ventures, Metis Ventures, ScaleX Ventures, TechOne Venture Capital and 1 more.