Kalfa, the human-supported digital business platform that saves time for financial advisors, facilitates access to information on current regulations, and increases the revenues of financial advisory offices with value-added services, received an investment of ₺15 million over a post-investment valuation of ₺180 million.
Kalfa, the human-supported digital business platform that saves time for financial advisors, facilitates access to information on current regulations, and increases the revenues of financial advisory offices with value-added services, received an investment of ₺15 million over a post-money valuation of ₺180 million in its first investment round.
APY Ventures, Mindvest GSYF, Mikro Yazilim, Hedef Portfolio and individual investors participated in the tour led by Bogazici Ventures.
Kalfa, the spin-off company of Sistem Global Consultancy, aims to strengthen its technology and reach more financial advisors with this investment.
Making a statement on the subject, Huseyin Karslioglu, Chairman of the Board of Sistem Global Consultancy, said, “Our first spin-off company, Kalfa, born from our 27 years of experience in the ecosystem, leads the transformation of the financial consultancy and accounting world. Kalfa, the first platform where end-to-end professional digitalization is realized, continues on its way unrivaled. I would like to thank the journeyman team and our investors who shared our dream.”
Demirhan Sener, one of the founders of the digital business platform Kalfa, said, “There are three main problems faced by financial advisory offices today: operational intensity, correct interpretation of fast-changing regulation and the need for additional income. The journeyman set out to solve these three problems. By taking the operational burdens of financial advisors off, we save them time, translate the regulatory changes with the digital version of the thirty-year-old industry magazine, Approach, and increase their revenues with the additional services they can offer to their customers. This business model has a counterpart not only in Turkiye, but also in European countries whose VAT and tax systematics are the same as in Turkiye.”
Source: Egirisim / Prepared by Irem Yildiz