Figopara
Financial ServicesIstanbul, Turkey51-200 Employees
Figopara is a Turkish financial technology company based in Arnavutköy, Istanbul. It offers a supplier finance solution that uses invoice data, whether electronic or printed, to quickly and securely share information with financial institutions and support suppliers’ short-term financing needs. This approach aims to improve liquidity within the supplier ecosystem by enabling faster access to funds tied to supplier invoices. The product sits in the field of supply chain finance, helping buyers and suppliers optimize working capital by aligning payment terms and enabling early payment for suppliers. A recent development includes a 2023 partnership with Provenir to enhance analytics and regulatory compliance in new markets.