Figopara
Founded 2016 · 86 employees on LinkedIn · 9 known investors
Find your way into Figopara
37 people in our graph share verified history with the Figopara team — schools, employers, funds. One of them is your warm intro.
Can Abacigilunlockedknows Arman Eker · together at Eastern Mediterranean University (overlapped)
knows the team · via Galata Business Angels Official
×2knows the team · via Figopara
×4knows the team · via Firefly
×2knows the team · via Angel Effect
×2knows the team · via Eastern Mediterranean University
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.
KG

Koray Gultekin BaharinCo-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.
AE

Arman Ekerin𝕏Co-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
Finberg✓ verifiedIstanbul · $244K – $20M
IFC✓ verifiedAuburn
Sabancı Ventures✓ verifiedIstanbul · $200K – $20M
DeBa VenturesLuxembourg · $100K – $500K
Lima Venturesİstanbul · $18K – $697K
Metis VenturesLondon · $3.3M
ScaleX VenturesAmsterdam · $216K – $2.2M
TechOne Venture CapitalIstanbul · $30K – $1.5M
Revo CapitalreportedIstanbul · $250K – $5M
In the news
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.



