Finekra, a financial technology startup that continues its activities on the basis of open banking, announced that it has received a new investment. The company’s new investment was realized over a $5 million valuation.
Eksim Ventures accompanied the investment tour led by Venture Capital, while existing investors Mindvest GSYF, Sertac Ozinal and Alesta Yatirim also participated in the tour.
Founded by Anil Karayurt and Erhan Zengin in February 2017, Finekra provides nearly 60% efficiency in all financial and accounting processes of companies. The startup also offers businesses the opportunity to manage all their bank accounts and processes from a single screen. In addition to these, Finekra also provides API, Account Service Provider (HHS) and Authorized Payment Service Providers (YOS, OBHS and General Name of HBHS Institutions) support to banks and institutions.
Finekra offers qualified services to over 500 companies to facilitate their financial operations such as accessing all bank accounts from one place, transferring to accounting software with ERP integration, making batch payments, managing collection processes with POS, Monitoring POS movements and reporting data, viewing bank limits, managing check integration process, direct debiting system and solutions for dealer transactions. Finekra will use the new investment it has received to carry its successful domestic works abroad and to become a global fintech company.
Finekra CEO Erhan Zengin, who made statements on the subject, expressed his views.
“Our first goal, together with our growing team, will be to become the first brand that comes to mind when open banking and fintech are discussed, both in Turkiye and abroad.”
Source: Egirisim / Prepared by Irem Yildiz