/Companies

Figopara

Founded 2016 · 86 employees on LinkedIn · 9 known investors

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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.

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.
AB
Ahmet BilgenFounder
AB
Ayhan BoyaciogluFounder
BA
Bulut ArukelFounder

Investors · 9

Funding

SEC filings, press & company announcements
  • Undisclosed amountsecond financing roundMay 2020

    IFC

    Source ↗

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, Sabancı Ventures, DeBa Ventures, Eczacibasi Momentum Teknoloji Yatimlari, Lima Ventures, Metis Ventures, ScaleX Ventures, TechOne Venture Capital and 1 more.