Finberg invests in Getir

Fibabanka continues to grow its innovation, digital and financial transformation investments by supporting the entrepreneurship ecosystem with Finberg, a corporate venture capital company established in 2018 as a 100 percent Fibabanka subsidiary. Fibabanka's growth strategies include "creating innovative products, gaining new competencies and creating new channels" with Finberg. In this direction; with Finberg Fibabanka joined the new round of valuation which is carried out as $ 850 million to Getir, the fastest growing delivery company in Turkey.

"Finberg fund size exceeded 100 million TL with investment to Getir"

Expressing their appreciation with their investment in Getir, Fibabanka General Manager and Board Member, Finberg Chairman Ömer Mert; “As a corporate venture capital, Finberg invests in businesses that have synergy with all companies and portfolio of the Fiba Group. Fibabanka being in the first place, our main goal in all these investments is to create mutual value with initiatives that will create leverage effect by using the competencies and assets of Fiba Group. We also emphasize the compatibility of these initiatives with the Finberg ecosystem. We do not make a sector distinction in our Finberg investments, we prioritize initiatives with which we can develop financial products or produce integrated projects. Expanding boarders and advancing with sound steps towards becoming a global brand, we are delighted to be a part of the success story of Getir, one of the new Unicorn candidates in Turkey. With this investment in Getir, Finberg's fund size has exceeded 100 million TL. In order to contribute to the development of Turkey’s investment ecosystem, we will continue to grow with our new initiatives in the coming period." he said.