Yapı Kredi FRWRD
- Company typePrivate
- Founded2022
- HeadquartersIstanbul
- Headcount—
- GTM typeB2B
- OfferingServices
Yapı Kredi FRWRD firmographics
Firmographics- Name
- Yapı Kredi FRWRD
- Legal name
- Yapı ve Kredi Bankası A.Ş.
- Website
- https://yapikredifrwrd.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Ownership category
- akta.pro rank
Yapı Kredi FRWRD industry classification
Industry- Product category
- Banking Innovation Accelerator
- NAICS
- Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151), Other Computer Related Services (541519)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Procurement, Vendor Management & Purchase-to-Pay (P2P) (FSAGAJAK)
Keywords
Where Yapı Kredi FRWRD is headquartered
LocationHeadquarters
- HQ city
- Istanbul
Offices1 record
Markets served
Yapı Kredi FRWRD business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Startup Investment: FRWRD provides investment opportunities to startups from Yapı Kredi and its working partners. The program connects promising startups with investment capital through FRWRD Ventures.
- Innovation Services for Bank: The program supports Yapı Kredi Bank by sourcing innovative digital applications and technologies from startups to add value to the bank's products and services.
- API Access Fees: The API Portal enables developers and startups to access Yapı Kredi APIs to build services, potentially generating usage-based revenue through API consumption.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Yapı Kredi FRWRD product offering
Product offeringCore offering
Yapı Kredi FRWRD is the corporate innovation and startup acceleration platform of Yapı Kredi Bank. It runs multiple accelerator programs (FRWRD Global for international scaling, İş Birliği Programı for collaboration with the bank, Fast FRWRD Blockchain Solutions, and Fast FRWRD KOBİ Solutions) plus a public API Portal giving developers access to Yapı Kredi's banking APIs. Selected startups receive proof-of-concept validation, investment opportunities via FRWRD Ventures, mentorship, training, and introductions to investors and partners.
Product overview
Yapı Kredi FRWRD is an innovation and acceleration platform operated by Yapı Kredi Bank, consisting of multiple interconnected programs and digital products. The core offerings include: (1) FRWRD Global - an international acceleration program supporting startups in expanding to global markets; (2) İş Birliği Programı - a collaboration program for startups to contribute to Yapı Kredi's products and services; (3) Fast FRWRD - sub-programs including Blockchain Solutions and SME Solutions; and (4) an API Portal providing developers access to Yapı Kredi APIs. Additionally, the platform enables various mobile banking products including POS Cepte (mobile POS), QR Havale (QR transfer), Apple Watch banking, WhatsApp banking, Bankacı Klavye (keyboard payments), AR-based card viewing, and contactless login features.
Differentiator
Problem solved
Functional benefit
Products and services
- Yapı Kredi FRWRD Global An international acceleration program supporting startups in scaling to global markets by connecting them with investors, customers, and partners at major international technology events. Open to technology startups with AI-focused innovative solutions that have active customers and revenue.
- Yapı Kredi İş Birliği Programı (Collaboration Program) A collaboration program inviting startups with scalable, innovative business models and ready products to contribute to Yapı Kredi's products and services. Offers PoC validation, development support, API access, and partnership opportunities with the bank.
- Fast FRWRD Blockchain Çözümleri An acceleration sub-program focused on blockchain technology startups developing solutions for financial services and other applications, including digital wallets, NFT platforms, and legal-tech on blockchain.
- Fast FRWRD KOBİ Çözümleri An acceleration sub-program targeting startups developing technology solutions for small and medium-sized enterprises (SMEs), covering POS systems, shipping, marketing, HR, and business management tools for the SMB banking segment.
- Yapı Kredi API Portal A developer portal providing access to Yapı Kredi's banking APIs, enabling developers and startup companies to create high-value-added services, analyze consumer habits, and deliver superior user experiences for fintech applications.
Companies that use Yapı Kredi FRWRD
Customer profileNamed customers51 records
Segments3 records
Ideal customer profiles3 records
Yapı Kredi FRWRD technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
Yapı Kredi FRWRD partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- KOSGEBcoreKOSGEB (Küçük ve Orta Ölçekli İşletmeleri Geliştirme ve Destekleme İdaresi Başkanlığı) is Turkey's SME Development and Support Administration. Partnership provides access to government support programs and SME ecosystem for startups in the FRWRD program.
- YTÜ Yıldız TeknoparkcoreYTÜ Yıldız Teknopark (Yıldız Technical University Technopark) partners with Yapı Kredi FRWRD for the Global Program, providing startup ecosystem access and facilitating participation in international tech events like London Tech Week and GITEX Global.
- TurcornmajorTurcorn is Turkey's startup ecosystem development organization. Partnership supports FRWRD Global program by connecting Turkish startups with international opportunities and ecosystem resources.
- Unicorn Factory LisboamajorUnicorn Factory Lisboa is Portugal's startup support organization based in Lisbon. Partnership enables FRWRD Global Portugal program, connecting Turkish startups with the Portuguese ecosystem and Web Summit access.
- Boğaziçi Üniversitesi TeknoparkcoreBoğaziçi University Technopark provides technology startup support and ecosystem connections for FRWRD program participants, leveraging the university's research and innovation infrastructure.
- TenitymajorTenity collaborates with Yapı Kredi FRWRD for the 'Road to DACH Region' program, supporting startups' expansion into the DACH region (Germany, Austria, Switzerland) with access to Bits & Pretzels, a major European entrepreneurship event.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Yapı Kredi FRWRD competitors and assessment
Company assessmentDirect peers
- Tenity: Swiss-based fintech accelerator and corporate innovation partner. Direct operating partner on FRWRD's Road to DACH program; comparable in running bank-sponsored fintech cohorts with PoC and investment support.
- İş Bankası Workup: İş Bankası's corporate startup accelerator and innovation program, offering similar startup collaboration, mentorship, and investment opportunities targeting fintech and emerging-tech ventures in Turkey.
- Akbank LAB: Akbank's open-banking and innovation platform that supports fintech startups via APIs and collaboration programs, directly competing with FRWRD's API Portal and collaboration program tracks.
- Plug and Play Tech Center: Global corporate innovation platform that runs bank-sponsored accelerator programs and connects startups with enterprise partners. Highly comparable in operating model (multi-vertical cohorts, corporate partner network, Demo Day format).
- Startupbootcamp (Techstars): Global accelerator operator running fintech and bank-sponsored programs across multiple geographies. Comparable as a multi-region fintech accelerator with corporate sponsor integration.
- Garanti BBVA Garage: Direct Turkish competitor operating the most established bank-backed startup collaboration and acceleration program. Targets the same Turkish fintech and SME startup cohort as FRWRD with similar PoC validation, partnership, and investment tracks.
Broad incumbents
- BBVA Spark: BBVA's global innovation and high-growth startup banking unit. Comparable to FRWRD's combination of startup banking, API access, and venture-style engagement, but at parent-bank scale with international reach.
- BNP Paribas Group Innovation & Growth Catalyst: Global bank-backed accelerator and innovation network. Comparable as a corporate banking accelerator but at a much larger global scale, providing PoC partnerships and venture support to fintech startups.
- Santander X / Santander Explorer: Santander's global startup and innovation platform supporting founders via acceleration, APIs, and ecosystem partnerships. Comparable in offering bank-rail API access, international cohorts, and PoC programs.
- HSBC Innovation Lab / HSBC Venture Partnership: Global bank's innovation and venture engagement arm offering startup collaboration, APIs, and fintech partnerships. Comparable as an incumbent bank innovation program but at global scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Yapı Kredi FRWRD social profiles
Digital presenceYapı Kredi FRWRD financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yapı Kredi FRWRD leadership team
Management profileNumber of profiles
Yapı Kredi FRWRD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yapı Kredi FRWRD M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yapı Kredi FRWRD
What does Yapı Kredi FRWRD do?
Yapı Kredi FRWRD is the corporate innovation and startup acceleration platform of Yapı Kredi Bank. It runs multiple accelerator programs (FRWRD Global for international scaling, İş Birliği Programı for collaboration with the bank, Fast FRWRD Blockchain Solutions, and Fast FRWRD KOBİ Solutions) plus a public API Portal giving developers access to Yapı Kredi's banking APIs. Selected startups receive proof-of-concept validation, investment opportunities via FRWRD Ventures, mentorship, training, and introductions to investors and partners.
Is Yapı Kredi FRWRD a public or private company?
Yapı Kredi FRWRD is a private company. It is classified as corporate owned and is currently operating.
When was Yapı Kredi FRWRD founded?
Yapı Kredi FRWRD was founded in 2022.
Where is Yapı Kredi FRWRD based?
Yapı Kredi FRWRD is headquartered in Istanbul.
How does Yapı Kredi FRWRD make money?
Three revenue lines are on record. Startup Investment is the primary driver. The others are innovation Services for Bank and API Access Fees.
Who are Yapı Kredi FRWRD's main competitors?
Direct peers on record are Tenity, İş Bankası Workup, Akbank LAB, Plug and Play Tech Center, Startupbootcamp (Techstars) and Garanti BBVA Garage. Broad incumbents are BBVA Spark, BNP Paribas Group Innovation & Growth Catalyst, Santander X / Santander Explorer and HSBC Innovation Lab / HSBC Venture Partnership.
Does Yapı Kredi FRWRD have an API?
Yes. Yapı Kredi API Portal enables developers and startup companies to create high-value-added new services using Yapı Kredi APIs, analyze consumer habits, and provide good user experiences. The API portal provides programmatic access to Yapı Kredi's banking services for building innovative fintech applications. Developer documentation is at apiportal.yapikredi.com.tr.
What industry is Yapı Kredi FRWRD in?
Yapı Kredi FRWRD's product category is Banking Innovation Accelerator. Its primary akta.pro industry code is FSAGAJAK, Procurement, Vendor Management & Purchase-to-Pay (P2P). Its NAICS code is 541512 and its SIC code is 7372.