top of page

Fund Radar received investment over 7.5 million TL valuation

Purus Partners


We first presented Fon Radar, an online platform that brings together SMEs and financial institutions, in July 2020. According to the information we have learned today, Fund Radar has received a new investment from Alesta Investment and True Global Ventures Capital Partner Sertaç Özinal.


Let's add that the investment made in Fund Radar was realized over a valuation of 7.5 million TL. To remind you, Fon Radar serves as a fast and effective digital platform that brings SMEs and financial institutions together to meet the cash needs of SMEs.


Fund Radar, which serves as a BRSA approved digital platform that brings SMEs together with financial institutions to help them manage their cash flows, was founded in August 2019 by Okan Ünlüçerçi and Elif Özdemir.


In Fund Radar, SMEs can upload the postpaid check they want to cash into the system and receive offers from factoring companies and banks registered in Fund Radar and choose the most suitable one for themselves. According to the information conveyed by Fund Radar, the investment received will be used to carry the company's new products for the discount of forward receivables to global markets.


Stating that this platform, which provides great convenience in financial solutions, enables SMEs to meet their cash needs in the most convenient and fastest way, İbrahim Özer, Chairman of the Board of Alesta Yatırım, said that Fund Radar, which brings financial institutions and SMEs together, aims to reach a bigger target by carrying its goals further with the investment it has received. He also stated that he believes he will achieve success.


Sertaç Özinal, Partner of True Global Ventures Capital and Former General Manager of the Interbank Card Center (BKM), added that he wholeheartedly believes that Fund Radar will achieve significant success in Turkey and globally under the leadership of its founders, Elif Özdemir and Okan Ünlüçerçi.

Comments


bottom of page