Finekra

What Finekra does

Finekra is a Turkish open banking fintech founded in 2017 and headquartered in Istanbul (legal entity: Polynom Teknoloji Bilgisayar Yazılımları Bilişim Danışmanlık ve Sanayi A.Ş., also doing business as Finekra Finansal Teknolojileri Anonim Şirketi). The company operates an integration platform that aggregates accounts, balances, and transactions across 16+ Turkish banks and payment institutions — including Akbank, Garanti BBVA, Ziraat, Halkbank, QNB Finansbank, İşbank, and Yapı Kredi — into a single interface accessible via web and mobile. Its seven-module product suite spans Hesap Hareketleri (account aggregation), DBS / Doğrudan Borçlandırma Sistemi (direct debit collections), POS Rapor (POS reporting), Online Tahsilat-B2B (digital collections via SMS/email/WhatsApp links and virtual POS), TÖS (bulk payments), ERP-CRM integration, and an API Portal providing developer-facing single API access with a 99.9% uptime SLA and 600 requests/minute rate limit.

The platform primarily serves Turkish SMBs through enterprises managing multiple bank accounts and dealer/distribution networks, with named references spanning industrial (Kontrolmatik, Coskunoz Holding), banking (Akbank, Gedik, Aktifbank), tourism (Setur), and retail (NKolay) verticals. The business model is tiered subscription SaaS — Basic (free, 1-3 banks, 5 users), Advanced (4-7 banks, 10 users), Business (8-10 banks, 15 users), and Enterprise+ (unlimited banks and users, annual contract) — supplemented by optional add-on fees for local installation, web services, and custom development. Go-to-market combines a product-led free-trial entry point with an enterprise sales motion, supported by content marketing and partnerships. The company is KVKK-compliant, PCI DSS-aligned, and supports 3D Secure and SSL/TLS. Anıl Karayurt is identified as co-founder; the company has raised approximately $559,000 in disclosed funding across four rounds (November 2020 through March 2023), with Aktif Ventures / Mindvest as anchor investors and Eksim Ventures leading the most recent round.

Name

Finekra

Legal name

Polynom Teknoloji Bilgisayar Yazılımları Bilişim Danışmanlık ve Sanayi A.Ş.

Website

https://finekra.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Finekra is an Istanbul-based open banking fintech serving Turkish SMBs and enterprises with a unified platform that aggregates accounts across 16+ banks, automates B2B collections via DBS and virtual POS, and integrates with ERP systems through a single API.

Ownership category

akta.pro rank

Product category

Open Banking Financial Management Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Digital Wallets & Account Aggregation Hub (Multi-account, Stored Value) (FSAGAAAD)

akta.pro secondary industries

Payment Gateways & Orchestration (BPAMAFAA), Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

Keywords

• Open banking platform
• Cash management software
• Multi-bank aggregation
• Payment collection automation
• ERP financial integration

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Subscription Plans: Tiered subscription model (Basic, Advanced, Business, Enterprise+) based on number of bank integrations and users. Includes features like ERP integration, group company management, and dealer management capabilities.
2. Optional Add-ons: Additional fees for optional features such as local installation, web services, and custom API development

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Finekra provides an open banking financial management platform that aggregates multiple Turkish bank accounts into a single interface, enabling businesses to monitor balances and transactions, execute bulk payments, manage direct debits and collections from dealer networks, generate POS reports, and synchronize data with ERP/CRM systems. The platform integrates with 16+ Turkish banks and payment institutions through a single API architecture, targeting SMBs through large enterprises managing multi-bank operations and dealer distribution networks.

Product overview

Finekra is an open banking fintech company offering a unified financial management platform for Turkish businesses. The core portfolio consists of seven integrated modules: Hesap Hareketleri (account transaction monitoring), DBS (Direct Debit System for collections), POS Rapor (POS reporting), Online Tahsilat-B2B (digital payment collections), TÖS (Bulk Payment System), ERP-CRM Entegrasyonu (integration layer), and API Portal (developer access). All products share a single API architecture, allowing businesses to access banking data and financial operations across multiple banks from one centralized dashboard, with modules available independently or as an integrated platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Hesap Hareketleri (Account Transactions) Account transaction monitoring module that allows businesses to view all bank account balances and movements from a single screen, with multi-currency support, financial reporting capabilities, and flexible user permission management. Designed for businesses managing multiple bank accounts across Turkish banks.
• DBS (Doğrudan Borçlandırma Sistemi - Direct Debit System) Direct Debit System for managing collection limits and automated debt collection from dealers and customers, with invoice sending to banks and dealer risk monitoring. Targeted at companies with dealer and distribution networks requiring automated collections.
• POS Rapor (POS Reporting)

Quantifiable outcome

• 60% operational efficiency increase

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Plaid: Global open banking platform aggregating bank account data and enabling payment initiation for applications. Directly comparable to Finekra's account aggregation and payment orchestration play, but at much larger scale and across multiple geographies.
• Tink (Visa): European open banking platform owned by Visa offering account aggregation, payment initiation, and financial data APIs. Closely aligned with Finekra's product set (account data + payment initiation), primarily serving European banks and fintechs.
• Salt Edge: Open banking API provider offering bank account aggregation, payment initiation, and business financial data tools. Comparable to Finekra in scope and B2B targeting, with broader European and global coverage.
• TrueLayer: Open banking platform providing account aggregation and payment initiation APIs to merchants and fintechs. Directly comparable product functionality to Finekra's single-API multi-bank approach, focused primarily on UK/Europe.

Regional players

• iyzico: Turkish payment processor and digital payment platform (owned by PayU) offering virtual POS, marketplace payments, and B2B checkout. Overlaps with Finekra on virtual POS and online collection but does not offer multi-bank account aggregation.
• Papara: Turkish digital wallet and neobank offering consumer accounts, payments, and prepaid cards. Adjacent to Finekra's wallet/aggregation adjacency in the Turkish market, though primarily consumer-facing rather than B2B cash management.
• PayTR: Turkish payment service provider offering virtual POS, marketplace payments, and B2B collection tools. Overlaps with Finekra's online tahsilat and POS reporting modules within Turkey.
• Craftgate: Turkish fintech offering payment infrastructure including virtual POS, online checkout, and B2B payment solutions. Comparable to Finekra's payment collection and POS reporting modules, operating exclusively in the Turkish market.

Broad incumbents

• Akbank (Digital Channels): Major Turkish bank and one of Finekra's integration partners. Competes indirectly through proprietary digital cash management, corporate banking, and API products offered to its own SMB and enterprise customers.
• Garanti BBVA (Open Banking): Major Turkish bank and Finekra integration partner with growing API and digital banking capabilities. Represents both a partner and a competitive threat as banks expand embedded financial services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@finekra
• LinkedIntr.linkedin.com/company/finekra
• Instagraminstagram.com/finekracom
• Xx.com/finekra

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds4 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finekra