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Figopara is a fintech company digitizing financial processes between businesses and banks in Turkey. They offer a single platform for various financing solutions, including Invoice Financing,…

Figopara is a fintech company digitizing financial processes between businesses and banks in Turkey. They offer a single platform for various financing solutions, including Invoice Financing,…
Headquarters / Market: Turkey; serves commercial businesses / SMEs
Product: Digital marketplace for invoice, supplier, check financing and spot loans
Tech / Differentiator: AI-powered credit scoring (FigoScore) and integrations with 20+ banks/financial institutions
Founded: 2016
Scale / Traction: $1.2B+ financing volume; 10,000+ SMEs served (company-stated)
Funding to date: Total reported funding $20,590,000 (latest: 2023-07-13)
Receivables / supply-chain finance and working-capital access for commercial businesses and suppliers.
2016
Fintech / Supply-chain Finance
Most recently reported funding event listed as a convertible note on 2023-07-13
Series A announced Oct 13, 2022 with L2G Ventures listed as a lead investor
“Includes institutional and strategic investors such as IFC (World Bank Group), Eczacıbaşı, Sabancı, İş Bankası, Oyak and venture investors including Finberg, L2G Ventures and Maxis”
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