The Orbit Shift Podcast

S02E18: Koray Bahar, CEO of Figopara on scaling culture, fundraising and exiting a startup

May 11, 2021 Freshworks Inc. Season 2 Episode 18
The Orbit Shift Podcast
S02E18: Koray Bahar, CEO of Figopara on scaling culture, fundraising and exiting a startup
Show Notes

Koray Bahar is one of the most prolific entrepreneurs to come out of the MENA region. A computer engineer by profession, Koray joined Foriba in 2001. He helped the company establish itself as a leading player in e-invoicing, scaling it from $2 million to $14 million in revenue, entering eight new countries, and a successful acquisition by global tax software provider Sovos. 

In the latest episode of the podcast, Koray talks to us about: 

🚀His entrepreneurial journey

🚀How to have a successful exit from a startup 

🚀His latest venture, fintech company Figopara 

🚀How to scale culture in an organization

🚀The right time to raise funds in a startup 

🚀What he looks for in startups as an angel investor


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About the Guest

Koray Bahar is the Co-Founder & CEO of Figopara, a leading Turkish FinTech company aiming to help companies solve working capital constraints. Figopara was founded in 2016. Its investors include Revo Capital, International Finance Corporation, and Endeavor Catalyst. Koray was previously the general director and partner of Foriba. He scaled the company from 35 to 220 employees, $2 million to $14 million in revenue, from 30 to 15,000 customers, and it entered the markets of 8 different countries. Koray is an active angel investor. He also creates content regarding entrepreneurship and technology on www.yollarda.tv


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Host and Producer - Jayadevan PK

Assistant Producer - Shashwath J

Audio Engineer - Rajesh Subramanian