Emir Varlık Yönetim

What Emir Varlık Yönetim does

Emir Varlık Yönetim A.Ş. is a BDDK-licensed Turkish asset management company founded in 2017 and headquartered in Şişli, Istanbul, operating as a subsidiary of Ergün Holding. The company acquires non-performing loan portfolios from Turkish banks, factoring, and leasing companies — including Garanti BBVA, Yapı Kredi, Akbank, İş Bankası, DenizBank, QNB Finansbank, ING, TEB, Şekerbank, and BNP Paribas Turkey — and has cumulatively taken on 100+ portfolios representing TL 45B in receivables across 22+ institutional partners.

Its revenue model combines spread economics on acquired NPLs (acquiring portfolios at a discount to face value and collecting or restructuring them) with transaction-based settlement fees from individual debtors, supplemented by SPK-authorized bond issuances used to finance portfolio acquisitions. Recent deals include the Yapı Kredi retail NPL portfolio (TL 4.10B total debt, December 2025), the Akbank portfolio (TL 377M, November 2025), and a portion of the Garanti BBVA TL 3.5B portfolio sold at an implied ~12.6% recovery rate in January 2026.

The operating model is digital-first: individuals query their debts via TCKN-based login in roughly 30 seconds, receive AI-generated personalized offers (e.g., 25% lump-sum discount, 6- or 12-installment options) through the proprietary Emir AI engine launched April 2026, and complete settlement through a renewed Internet Branch, mobile app (4.8/5.0 on App Store), or 24/7 Turkish-language voice assistant built on Vapi. The company reports 200K+ customers resolved, 92% customer satisfaction, 42-second average resolution, 38% YoY collection volume growth, and ~250 employees, with capital supplemented by a TL 1.2B SPK-approved bond issuance ceiling.

Name

Emir Varlık Yönetim

Legal name

Emir Varlık Yönetim A.Ş.

Website

https://emirvarlik.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Emir Varlık Yönetim is a BDDK-licensed Turkish asset management company that acquires non-performing loan portfolios from banks, factoring, and leasing firms and resolves them through a digital platform with AI-driven personalized offers. It serves both institutional portfolio sellers and individual debtors via web, mobile, and 24/7 voice channels.

Ownership category

akta.pro rank

Product category

Non-Performing Loan Management

NAICS

Collection Agencies (56144)

SIC

Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Non-Performing Loan (NPL) / Loan Portfolio Acquisition Funds (FSANAKAG)

akta.pro secondary industry

Asset-Based Lending (ABL) (FSANADAD)

Keywords

• Non-performing loan management
• Debt restructuring services
• NPL portfolio acquisition
• Asset management services
• Debt resolution platform

Headquarters

HQ city

Esenler

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. NPL Portfolio Acquisition and Recovery: Acquires non-performing loan (NPL) portfolios from banks, factoring, and leasing companies at a discount to face value. Generates revenue by collecting outstanding amounts from debtors or restructuring/receiving payment. In January 2026, acquired TL 3.5 billion portfolio from Garanti BBVA at ~12.6% recovery rate. Also acquired portfolios from Yapı Kredi (₺4.1B total debt) and Akbank (₺377M total debt).
2. Debt Restructuring and Settlement Fees: Offers customers personalized payment plans (lump-sum with discount, or installment options). Generates revenue when customers settle or restructure their debts through the platform. Example: 25% lump-sum discount offered, 10-15% installment discounts offered.
3. Capital Market Instruments (Bond Issuances): Issues financing bills and bonds to qualified/niche investors via SPK authorization. Current bond ceiling: ₺1.2 billion SPK-approved (December 2025). Currently circulating instruments include TRFEMIR72611 (₺250M), TRFEMIR92619 (₺160M), TRSEMIR32717 (₺105M), TRFEMIR32615 (₺200M), TRFEMIR52613 (₺200M), TRFEMIRA2618 (₺200M), TRFEMIRA2612 (₺125M).

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

BDDK-licensed asset management company that acquires non-performing loan (NPL) portfolios from Turkish banks and financial institutions and provides digital debt restructuring services to individual debtors. Operates an AI-enabled digital platform (Internet Branch, mobile app, voice assistant) that lets debtors query their outstanding obligations using TCKN and request tailored restructuring and payment plans.

Product overview

Emir Varlık Yönetim operates as a licensed digital asset management company (BDDK-licensed, FKB member) that acquires non-performing loan (NPL) portfolios from Turkish banks and financial institutions, and provides debt restructuring services to individual customers. The product architecture consists of a core digital platform with three integrated pillars: (1) Borç Sorgulama — a TCKN-based debt inquiry system that enables 30-second debt checks; (2) Emir AI — a proprietary AI-powered recommendation engine that generates personalized restructuring offers (lump-sum vs. installment options); and (3) İnternet Şubesi — the self-service payment and restructuring portal where customers confirm and execute payments. These are accessible via a web portal and a mobile application (iOS/Android). A Vapi-powered 7/24 Turkish voice assistant extends accessibility for voice-based debt queries and planning. The company also maintains an Investor Relations portal providing public access to activity reports, KPMG/PWC audit reports, and bond issuance data.

Differentiator

Problem solved

Functional benefit

Products and services

• Borç Sorgulama (Debt Inquiry) TCKN-based debt inquiry service that lets individual debtors retrieve outstanding obligations held by Emir Varlık from any device through the Internet Branch or mobile application.
• Emir Yapılandırma (Debt Restructuring) Personalized debt restructuring and installment payment plan service for individual debtors holding non-performing loans managed by Emir Varlık.
• İnternet Şubesi (Internet Branch) 24/7 web-based self-service platform where debtors can manage debt inquiries, submit restructuring requests, and track payment plans.
• Emir Varlık Mobil Uygulaması (Mobile Application) Native iOS and Android application providing individual debtors mobile access to debt inquiry, restructuring requests, and payment plan management.
• Emir AI Proprietary AI-powered recommendation engine embedded across digital channels that produces personalized debt restructuring suggestions for debtors, reportedly resolving inquiries in around 42 seconds.
• 7/24 Türkçe Sesli Asistan (Voice Assistant) 24/7 Turkish-language voice assistant that allows debtors to call in, identify themselves, and obtain debt and restructuring information through natural-language interaction.
• NPL Portföy Satın Alma (NPL Portfolio Acquisition) Institutional service for banks, factoring companies, and leasing firms to dispose of non-performing loan portfolios through bulk sale to Emir Varlık, leveraging its BDDK license and recovery capabilities.

Quantifiable outcome

• ₺45 billion in total receivables managed from 100+ portfolio acquisitions across 22+ institutional partners since 2017
• +6 more outcomes

Named customers23 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature5 records

Partnerships

24 partnerships are on record, tiered core.

• Vapi (Voice AI Platform)coreTechnology or Integration · 14 April 2026Vapi provides the voice AI infrastructure for Emir Varlık's 7/24 Turkish-language voice assistant, enabling round-the-clock debt querying and payment planning via voice without human intervention. Integration launched April 2026.
• Türkiye Garanti Bankası A.Ş. (Garanti BBVA)coreChannel Partner/ Reseller/ Distributor · 1 January 2026Garanti BBVA sold NPL portfolios totaling ₺3.5 billion in principal and contractual interest through five separate transactions completed in late January 2026. Emir Varlık was one of three acquiring AMCs alongside Gelecek Varlık Yönetimi and Birikim Varlık Yönetim, at an average recovery rate of ~12.6%.
• Yapı Kredi Bankası A.Ş.coreChannel Partner/ Reseller/ Distributor · 25 December 2025Yapı Kredi Bankası transferred an individual NPL portfolio with ₺2.87 billion principal and ₺4.10 billion total debt to Emir Varlık in 2025. Emir Varlık manages collection and restructuring of these receivables.
• Akbank T.A.Ş.coreChannel Partner/ Reseller/ Distributor · 18 November 2025Akbank transferred an individual NPL portfolio with ₺199 million principal and ₺377 million total debt to Emir Varlık in November 2025.
• Türkiye İş BankasıcoreChannel Partner/ Reseller/ DistributorLong-standing portfolio transfer partner. NPL and individual receivables transferred to Emir Varlık.
• DenizBank A.Ş.coreChannel Partner/ Reseller/ DistributorPortfolio seller of NPL and individual receivables to Emir Varlık.
• QNB FinansbankcoreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• ING Bank TürkiyecoreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• TEB (Türk Ekonomi Bankası)coreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• Şekerbank T.A.Ş.coreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• Türkiye Finans Katılım BankasıcoreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• Fibabanka A.Ş.coreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• Odeabank A.Ş.coreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• ICBC Turkey BankcoreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• T-Bank (Turkland Bank)coreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• QNB Finansal KiralamacoreChannel Partner/ Reseller/ DistributorLeasing receivables transferred to Emir Varlık for management and collection.
• İş Finansal KiralamacoreChannel Partner/ Reseller/ DistributorLeasing receivables transferred to Emir Varlık.
• QNB FinansfaktoringcoreChannel Partner/ Reseller/ DistributorFactoring receivables transferred to Emir Varlık.
• İş FaktoringcoreChannel Partner/ Reseller/ DistributorFactoring receivables transferred to Emir Varlık.
• Anadolu FaktoringcoreChannel Partner/ Reseller/ DistributorFactoring receivables transferred to Emir Varlık.
• Koç Fiat Kredi FinansmancoreChannel Partner/ Reseller/ DistributorAuto finance receivables transferred to Emir Varlık.
• TEB CetelemcoreChannel Partner/ Reseller/ DistributorConsumer finance receivables transferred to Emir Varlık.
• BNP Paribas TürkiyecoreChannel Partner/ Reseller/ DistributorPortfolio seller of non-performing receivables to Emir Varlık.
• Ergün HoldingcoreStrategic or Co-development PartnerParent company of Emir Varlık Yönetim. Ergün Holding invests across finance, technology, energy, and e-commerce sectors. Emir Varlık is positioned as a group company contributing to sustainable economic and social value. Holding provides strategic direction, shared services, and group synergies.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LBT Varlık Yönetim A.Ş. BDDK-licensed Turkish asset management company competing in NPL acquisitions and individual debt restructuring from banks and financial institutions. Comparable scale and operating model.
• Gelecek Varlık Yönetimi A.Ş. BDDK-licensed Turkish asset management company that co-acquired the ₺3.5B Garanti BBVA NPL portfolio alongside Emir Varlık in January 2026. Directly comparable as a Turkish NPL portfolio acquirer serving the same bank counterparties.
• Birikim Varlık Yönetimi A.Ş. BDDK-licensed Turkish AMC that participated as the third buyer in the Garanti BBVA ₺3.5B NPL portfolio transaction in January 2026. Direct competitor in acquiring and servicing retail NPL portfolios from Turkish banks.
• Hayat Varlık Yönetim A.Ş. One of the largest BDDK-licensed asset management companies in Turkey, competing head-to-head with Emir Varlık for NPL portfolio acquisitions from Turkish banks and providing consumer debt restructuring services.
• Dünya Varlık Yönetim A.Ş. Turkish BDDK-licensed asset management company focused on NPL portfolio acquisition and consumer debt resolution. Comparable in business model and target bank counterparties across the Turkish market.
• Anadolu Varlık Yönetim A.Ş. BDDK-licensed Turkish AMC operating in NPL portfolio acquisition and consumer debt collection. Direct comparable in scope, regulatory status, and target institutional sellers.

Broad incumbents

• PRA Group, Inc. US-listed global acquirer of non-performing consumer loans, operating across the US, Europe, and emerging markets. Comparable as a publicly-traded pure-play NPL buyer using data-driven collection strategies, though at much larger scale and broader geography than Emir Varlık.
• Encore Capital Group: Global NPL portfolio acquirer operating through subsidiaries including Midland Credit Management. Comparable in core business of purchasing charged-off consumer debt at discount and recovering through digital and traditional channels, though at substantially larger global scale.
• Intrum AB: Europe's largest credit management services company, acquiring NPL portfolios and providing debt collection and administration. Comparable business model and customer base, though at pan-European scale with broader service offerings.
• Hoist Finance AB: European specialty finance firm focused on NPL portfolio acquisition across multiple European markets. Comparable in specializing in distressed consumer debt acquisition and digital restructuring, though operating in Europe rather than Turkey.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/emirvarlikyonetim
• Instagraminstagram.com/emirvarlikyonetim
• Xx.com/emirvarlik
• Facebookfacebook.com/emirvarlikyonetim

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Emir Varlık Yönetim