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STATUS Current
FUND Technology

Figopara is a Turkish fintech start-up founded in 2017, aiming to enable extended working capital for availability for businesses.

Figopara is developing fintech solutions around supply chain finance, (also known as supplier finance or reverse factoring) to optimize cash-flow by enabling businesses to lengthen their payment terms to their suppliers while providing the option for their large and SME suppliers to get paid early.

This results in a win-win situation for both buyer and supplier.  The buyer optimizes working capital; the supplier generates additional operating cash flow, and in doing so risk is reduced across the supply chain.

Series A Jun 2022
FOUNDING TEAM
  • Koray Gültekin Bahar
    Co-Founder & Chief Executive Officer
  • Arman Eker
    Co-Founder & Chief Technology Officer
FOUNDED
website

In mid-2022, the JIMCO Technology Fund participated in Figopara’s series A funding round.

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OSE is an investment co., created to found and build transformational businesses with the University of Oxford