Aktif Bank subsidiary Aktif Ventures supported Fintech startups with Mindvest venture capital fund. Aktif Bank’s subsidiary Aktif Ventures’ new investment was in F-Ray, which took X-rays of the financial sector.
F-Ray serves stock market investors with the f-rayscoring.com platform, and financial institutions and the real sector with the jetscoring.com platform. With this investment, It will be able to progress to its global targets much faster.
Aktif Bank’s subsidiary Aktif Ventures not only offers service model banking to startups, but also provides the technology, infrastructure, license, growth and investment solutions they need under a single roof. Aktif Bank subsidiary Aktif Ventures; It continues to grow with fintechs. In this context, Aktif Ventures has signed its third investment with the Mindvest venture capital fund it has established. Mindvest’s new investment, F-Ray, performs instant algorithmic financial analysis and evaluation of all publicly traded or closed companies. It develops machine learning software that saves financial statement interpreters time and efficiency. In addition, F-Ray provides services to both stock market investors, financial institutions and the real sector with the f-rayscoring.com and jetscoring.com platforms. Continuing its efforts to eliminate the asymmetry of financial information, F-Ray will advance faster in its global targets with the investment it received from Mindvest.
‘F-Ray is a comprehensive startup that appeals to a wide audience
Aktif Ventures General Manager Yakup Sezer emphasized that they are happy to contribute more and more to the Turkish Fintech ecosystem with Mindvest.
“We made our third investment, F-Ray, with our venture capital fund Mindvest. This is a comprehensive startup that appeals to a wide audience, with services for both institutions and financial institutions as well as individuals. With Jetscoring products, they enabled the financial statement data to be interpreted and analyzed very quickly. Thus, we think that they will make a positive contribution to both the financial sector and the real sector in terms of efficiency. F-Ray offers innovative solutions to a clear problem with its ability to produce fast technology. It also makes a difference with its scalable business model. In the coming period, they will grow rapidly both at home and abroad. We sincerely believe that they will create a valuable success story emerging from the Turkish Fintech ecosystem. We are very happy to walk with the F-Ray startup in this exciting growth process.”Aktif Ventures General Manager Yakup Sezer
Mehmet Eray stated that they took financial X-rays of the companies and they are on the way to be recognized as the X-ray of the financial world. Moreover;
“As F-Ray, we have developed systems where financial performance of companies can be measured instantly with OCR and machine learning algorithms. And we reduced processes that took hours to seconds. In this way, stock market investors use it to make informed investment decisions based on company financial performance. Suppliers, on the other hand, use our platforms to select customers and identify sales risks. All kinds of financial data documents such as independent audit report, trial balance, corporate tax return, KAP statement; We can instantly transfer them to our systems and analyze them in various formats such as pdf, excel, png, photo. As F-Ray, our goal is to eliminate financial information asymmetry.
Both investors, creditors or suppliers can evaluate the companies they will contact very quickly and effectively, thus, we work for a financial world where losses are minimized. With the investment we received from Mindvest, we became a part of a very valuable vision, mentoring and networking networks. We believe that we will progress faster in our global targets thanks to the support they provide. We aim to increase our overseas sales, which we have already started, and to become one of the unicorn fintech companies that Turkey will launch in the future”Mehmet Eray